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

Get 300+ Local Insights for Any Address in Lake of the Woods, IL

Get Access to 300+ Local Data Points

B-

11%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

Index	Lake of the Woods	Illinois	National
Income per capita	$40,029	$47,397	$44,883
Median household income	$87,003	$88,967	$81,333
Median income owner occupied	$88,056	$111,557	$106,172
Median income renter occupied	$0	$52,117	$52,080
Median earnings male	$64,583	$60,185	$54,343
Median earnings female	$41,817	$40,368	$38,439
Unemployment rate	3.4%	6.6%	4.9%
Poverty level	7.3%	14.0%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Lake of the Woods, IL

2008 Rylan Rd

Mahomet, IL

2210 Fogel Rd

Mahomet, IL

1010 Parkview Dr

Mahomet, IL

1105 Olen Dr

Mahomet, IL

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 31% lower than the national average
The poverty level in Lake of the Woods is 52% lower than the national average

Compare Lake of the Woods, IL Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Lake of the Woods

See all the best places to live around Lake of the Woods

Write a review to give others more information about this area.

See all Lake of the Woods poll results

am i middle class

$57,996 $87,003 $174,006

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

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.

The best places in Illinois

Here are the best places to live in Illinois

Safest States In The US

These are the largest cities in Illinois

Most Dangerous States In The US

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	9,102	$172,299	111.8%
Seymour, IL	151	$160,166	96.9%
Philo, IL	1,447	$133,692	64.4%
White Heath, IL	159	$131,848	62.1%
Monticello, IL	5,985	$115,299	41.8%
Lake of the Woods, IL	2,612	$87,003	7.0%

Cities with similar population

City	Population	Household Income	National Avg.
Center Point, IA	2,612	$94,857	16.6%
Dover, MA	2,612	$319,331	292.6%
New Concord, OH	2,612	$87,775	7.9%
Emsworth, PA	2,612	$79,056	2.8%
Rural Hill, TN	2,612	$128,322	57.8%
Lake of the Woods, IL	2,612	$87,003	7.0%

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