A+
81%
Income/capita NAT. AVG.
144%
Household income NAT. AVG.
83%
Unemployment NAT. AVG.
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IndexThird LakeIllinoisNational
Income per capita$54,025$31,502$29,829
Median household income$135,021$59,196$55,322
Median income owner occupied$135,297$75,354$70,586
Median income renter occupied$107,188$34,488$35,192
Median earnings male$66,172$40,474$36,919
Median earnings female$35,625$27,197$26,250
Unemployment rate0.8%5.3%4.7%
Poverty level4.3%14.0%15.1%
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Key findings

  • The income per capita in Third Lake is 81% higher than the national average
  • The median household income in Third Lake is 144% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Third Lake is 83% lower than the national average
  • The poverty level in Third Lake is 71% lower than the national average

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      am i middle class

      $
      Input your household income
      $90,004 $135,021 $270,042
      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.

      Third Lake median earnings by income bracket

      Third Lake employment by industry

      Labour TypeMaleFemale
      Construction industry5.2%5.2%
      Manufacturing sector15.7%15.7%
      Financial & insurance services8.0%8.0%
      Wholesale & retail services14.2%14.2%
      Public administration2.8%2.8%
      Transportation, warehousing & utilities6.2%6.2%
      Education, health & social services13.2%13.2%
      Other34.8%34.8%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Riverwoods, IL3,536$231,477318.4%
      Kildeer, IL4,007$212,500284.1%
      Long Grove, IL7,907$207,188274.5%
      Hawthorn Woods, IL8,313$206,875273.9%
      North Barrington, IL2,789$197,188256.4%
      Third Lake, IL1,160$135,021144.1%

      Cities with similar population

      City Population Household Income National Avg.
      Mount Ida, AR1,160$40,77426.3%
      Mahnomen, MN1,160$38,33330.7%
      Atglen, PA1,160$68,33323.5%
      Avonmore, PA1,160$47,08314.9%
      Fairhope, PA1,160$52,5835.0%
      Third Lake, IL1,160$135,021144.1%
      Source: The Third Lake, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).