D-
Income/capita 27%
Household income 15%
Unemployment 109%
IndexChannel LakeIllinoisNational
Income per capita$37,814$31,502$29,829
Median household income$63,707$59,196$55,322
Median income owner occupied$68,625$75,354$70,586
Median income renter occupied$35,714$34,488$35,192
Median earnings male$51,750$40,474$36,919
Median earnings female$24,406$27,197$26,250
Unemployment rate9.7%5.3%4.7%
Poverty level16.5%14.0%15.1%

Key findings

  • The income per capita in Channel Lake is 27% higher than the national average
  • The median household income in Channel Lake is 15% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Channel Lake is 109% higher than the national average
  • The poverty level in Channel Lake is 9% higher than the national average

Best Places for Employment in and Around Channel Lake

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Compare Channel Lake, IL Employment

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      am i middle class

      $Input your household income
      $42,467$63,707$127,414
      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.

      Channel Lake median earnings by income bracket

      Channel Lake employment by industry

      Labour TypeMaleFemale
      Construction industry10.8%8.0%
      Manufacturing sector19.7%0.0%
      Financial & insurance services1.7%17.3%
      Wholesale & retail services30.5%9.5%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities11.4%0.0%
      Education, health & social services6.6%37.8%
      Other19.4%16.1%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Green Oaks, IL3,832$162,396194%
      Bull Valley, IL1,213$122,708122%
      Libertyville, IL20,435$119,125115%
      Third Lake, IL1,266$111,136101%
      Spring Grove, IL5,578$111,000101%
      Channel Lake, IL1,416$63,70715%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Holstein, IA1,416$51,9276%
      Terrebonne, OR1,416$61,52811%
      Oakland, NE1,416$54,2502%
      Durham, OR1,417$65,45518%
      Eureka Mill, SC1,415$30,98044%
      Channel Lake, IL1,416$63,70715%
      Source: The Channel Lake, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).