Lake of the Woods, IL Employment - Median Household Income, Unemployment Rate

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B-

11%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

50%

Unemployment NAT. AVG.

Index	Lake of the Woods	Illinois	National
Income per capita	$26,662	$31,502	$29,829
Median household income	$59,257	$59,196	$55,322
Median income owner occupied	$59,802	$75,354	$70,586
Median income renter occupied	$0	$34,488	$35,192
Median earnings male	$44,133	$40,474	$36,919
Median earnings female	$28,813	$27,197	$26,250
Unemployment rate	2.3%	5.3%	4.7%
Poverty level	7.3%	14.0%	15.1%

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Key findings

The income per capita in Lake of the Woods is 11% lower than the national average
The median household income in Lake of the Woods is 7% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake of the Woods is 50% lower than the national average
The poverty level in Lake of the Woods is 52% lower than the national average

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am i middle class

$39,500 $59,257 $118,514

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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Lake of the Woods median earnings by income bracket

Lake of the Woods employment by industry

Labour Type	Male	Female
Construction industry	8.4%	8.4%
Manufacturing sector	17.9%	17.9%
Financial & insurance services	2.3%	2.3%
Wholesale & retail services	13.1%	13.1%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	11.9%	11.9%
Education, health & social services	14.6%	14.6%
Other	26.3%	26.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mahomet, IL	8,888	$113,871	105.8%
Seymour, IL	145	$105,893	91.4%
Philo, IL	1,398	$91,156	64.8%
White Heath, IL	153	$89,297	61.4%
Monticello, IL	5,815	$76,667	38.6%
Lake of the Woods, IL	2,515	$59,257	7.1%

Cities with similar population

City	Population	Household Income	National Avg.
Gassville, AR	2,515	$41,036	25.8%
Honaunau-Napoopoo, HI	2,515	$59,821	8.1%
Burley, WA	2,515	$81,641	47.6%
Sumiton, AL	2,514	$55,139	0.3%
Waretown, NJ	2,514	$88,750	60.4%
Lake of the Woods, IL	2,515	$59,257	7.1%

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