Income/capita 5%
Household income 32%
Unemployment 8%
IndexIsland LakeIllinoisNational
Income per capita$31,243$31,502$29,829
Median household income$72,992$59,196$55,322
Median income owner occupied$76,156$75,354$70,586
Median income renter occupied$44,069$34,488$35,192
Median earnings male$50,392$40,474$36,919
Median earnings female$31,153$27,197$26,250
Unemployment rate4.3%5.3%4.7%
Poverty level5.5%14.0%15.1%

Key findings

  • The income per capita in Island Lake is 5% higher than the national average
  • The median household income in Island Lake is 32% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Island Lake is 8% lower than the national average
  • The poverty level in Island Lake is 64% lower than the national average

Best Places for Employment in and Around Island Lake

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Compare Island Lake, IL Employment

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      am i middle class

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      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.

      Island Lake median earnings by income bracket

      Island Lake employment by industry

      Labour TypeMaleFemale
      Construction industry12.8%1.7%
      Manufacturing sector20.4%0.0%
      Financial & insurance services3.1%7.5%
      Wholesale & retail services22.0%15.4%
      Public administration4.3%0.4%
      Transportation, warehousing & utilities8.8%0.4%
      Education, health & social services5.4%32.5%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Long Grove, IL8,065$184,208233%
      South Barrington, IL4,766$184,141233%
      Inverness, IL7,844$172,949213%
      Tower Lakes, IL1,149$172,946213%
      Kildeer, IL3,976$166,790201%
      Island Lake, IL8,025$72,99232%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Brentwood, MO8,030$72,90332%
      Willow Street, PA8,030$59,8208%
      Richland Hills, TX8,033$50,4819%
      Mammoth Lakes, CA8,035$60,89910%
      Kalifornsky, AK8,015$77,75641%
      Island Lake, IL8,025$72,99232%
      Source: The Island Lake, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).