Lake Holiday 63 Average
Lake Holiday Livability #699 ranked city in Illinois#13,871 ranked city in the USARanks better than 52% of areas

Pros and Cons of Living in Lake Holiday

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

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What's it like Living in Lake Holiday?

Lake Holiday, Illinois is a small city with a population of 5,365 residents. If we look at the most recent Census, Lake Holiday is known to have a predominantly White population. The next two most common races are Black and Asian. Lake Holiday has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 70% of the population is classified as married and 33% have kids. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Lake Holiday offers up a higher than average one way commute time of 39 minutes.

If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Lake Holiday, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Lake Holiday and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.

With a livability score of 60 out of 100, Lake Holiday is ranked #16,923 in the United States and #825 in Illinois. This is a lower than the United States average livability score as Lake Holiday does not rank well for most categories. If we check out each of the categories on their own, we see that Lake Holiday ranks well for crime (B+), employment (A-) and housing (B+). Lake Holiday does not do well for the following: amenities (F) and education (D). It might be a good idea to take a closer look at each category to find out why.

Finding affordable real estate and housing in Lake Holiday can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lake Holiday is real estate affordability. Median real estate prices in Lake Holiday come in at $182,000, which is 4.1% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Lake Holiday, the home price to income ratio is 2.2, which is 26.7% lower than the Illinois average.

Best Places to Live in and Around Lake Holiday

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Compare Lake Holiday, IL Livability

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      Lake Holiday transportation information

      Statistic Lake Holiday Illinois National
      Average one way commute39min29min26min
      Workers who drive to work92.2%73.4%76.4%
      Workers who carpool3.9%8.3%9.3%
      Workers who take public transit0.0%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk0.0%3.1%2.8%
      Working from home3.9%4.4%4.6%
      Source: The Lake Holiday, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).