Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lake Holiday is a smaller city located in the state of Illinois. The city has a population of 5,505 residents. At 96%, the majority of the Lake Holiday population is White; this is followed by 1% Black and 0% Asian. 70% of the people in Lake Holiday (over the age of 15) are married and 33% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Something to be aware of when living in Lake Holiday are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 39 minutes, this comes in much higher than the national average of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Lake Holiday could be a positive experience compared to other cities in Illinois if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Lake Holiday and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
Lake Holiday, IL receives 63/100 for its livability score; this results in a ranking of #699 in Illinois and #13,871 in the USA. If we consider each of the categories individually, we see that Lake Holiday ranks well for crime (A), cost of living (B-), employment (A-) and housing (A+). On a less positive note, Lake Holiday does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lake Holiday apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Lake Holiday meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lake Holiday. Everything else becomes a lot less important if it turns out that home prices in Lake Holiday are simply unattainable. The median home price for Lake Holiday homes is $333,385, which is 8% higher than the Illinois average. If we take a closer look at the affordability of homes in Lake Holiday, we’ll see that the home price to income ratio is 2.7, which is 22.9% lower than the Illinois average.
| Statistic | Lake Holiday | Illinois | National |
| Average one way commute | 39min | 29min | 26min |
| Workers who drive to work | 92.2% | 73.4% | 76.4% |
| Workers who carpool | 3.9% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.0% | 3.1% | 2.8% |
| Working from home | 3.9% | 4.4% | 4.6% |
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