Channel Lake, IL Employment - Median Household Income, Unemployment Rate

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D+

12%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

28%

Unemployment NAT. AVG.

Index	Channel Lake	Illinois	National
Income per capita	$33,467	$31,502	$29,829
Median household income	$51,875	$59,196	$55,322
Median income owner occupied	$61,019	$75,354	$70,586
Median income renter occupied	$37,857	$34,488	$35,192
Median earnings male	$35,947	$40,474	$36,919
Median earnings female	$33,021	$27,197	$26,250
Unemployment rate	3.4%	5.3%	4.7%
Poverty level	21.1%	14.0%	15.1%

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Key findings

The income per capita in Channel Lake is 12% higher than the national average
The median household income in Channel Lake is 6% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Channel Lake is 28% lower than the national average
The poverty level in Channel Lake is 39% higher than the national average

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am i middle class

$34,579 $51,875 $103,750

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.

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Channel Lake median earnings by income bracket

Channel Lake employment by industry

Labour Type	Male	Female
Construction industry	25.9%	25.9%
Manufacturing sector	18.9%	18.9%
Financial & insurance services	1.6%	1.6%
Wholesale & retail services	23.2%	23.2%
Public administration	1.4%	1.4%
Transportation, warehousing & utilities	4.8%	4.8%
Education, health & social services	6.1%	6.1%
Other	17.7%	17.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Libertyville, IL	20,300	$150,580	172.2%
Third Lake, IL	1,160	$135,021	144.1%
Spring Grove, IL	5,672	$129,191	133.5%
Grandwood Park, IL	5,114	$127,155	129.8%
Knollwood, IL	1,684	$126,250	128.2%
Channel Lake, IL	1,784	$51,875	6.2%

Cities with similar population

City	Population	Household Income	National Avg.
Leilani Estates, HI	1,784	$31,734	42.6%
Fredericksburg, PA	1,784	$79,803	44.3%
Saint-Placide, QC	1,784	n/a
Musqueam 2, BC	1,784	n/a
Heritage Pines, FL	1,783	$46,477	16.0%
Channel Lake, IL	1,784	$51,875	6.2%

Source: The Channel Lake, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).