Lake of the Woods employment information

IndexLake of the WoodsIllinoisNational
Income per capita$26,396$31,502$29,829
Median household income$46,449$59,196$55,322
Median income owner occupied$60,625$75,354$70,586
Median income renter occupied$36,389$34,488$35,192
Median earnings male$45,321$40,474$36,919
Median earnings female$25,823$27,197$26,250
Unemployment rate3.8%5.3%4.7%
Poverty level18.3%14.0%15.1%
The Lake of the Woods, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake of the Woods is $26,396, which is 16% lower than than the Illinois average and 12% lower than than the national average. The median household income is $46,449, which is 22% lower than than the Illinois average and 16% lower than than the national average. The unemployment rate in Lake of the Woods is 4%, which is 18% lower than than the national average. The poverty rate in Lake of the Woods is 18% which is 21% higher than than the national average.

am i middle class

$Input your household income
$30,962$46,449$92,898
City
$39,460$59,196$118,392
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Lake of the Woods is 12% lower than the national average.
  • The median household income in Lake of the Woods is 16% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Lake of the Woods is 18% lower than the national average.
  • The poverty level in Lake of the Woods is 21% higher than the national average.

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Compare Lake of the Woods, IL Employment To Other Cities

Employment status

Hours worked per week

Lake of the Woods median earnings by income bracket

Lake of the Woods employment by industry

Labour TypeMaleFemale
Construction industry18.4%0.0%
Manufacturing sector16.6%4.4%
Financial & insurance services0.0%1.6%
Wholesale & retail services13.7%21.9%
Public administration2.0%3.4%
Transportation, warehousing & utilities10.3%2.8%
Education, health & social services10.9%38.1%
Other22.5%21.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Mahomet, IL7,996$86,61257%
Monticello, IL5,609$76,63239%
Philo, IL1,627$76,35138%
Tolono, IL3,101$63,43815%
Savoy, IL8,118$61,64611%
Lake of the Woods, IL2,687$46,44916%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Hanapepe, HI2,687$76,09038%
Seagraves, TX2,687$44,61319%
Dennison, OH2,687$28,91748%
Durham, CT2,687$103,04986%
Somerset, WI2,686$61,19011%
Lake of the Woods, IL2,687$46,44916%
Source: The Lake of the Woods, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).