D+
Income/capita 12%
Household income 16%
Unemployment 18%
IndexLake of the WoodsIllinoisNational
Income per capita$26,396$31,502$29,829
Median household income$46,449$59,196$55,322
Median income owner occupied$60,625$75,354$70,586
Median income renter occupied$36,389$34,488$35,192
Median earnings male$45,321$40,474$36,919
Median earnings female$25,823$27,197$26,250
Unemployment rate3.8%5.3%4.7%
Poverty level18.3%14.0%15.1%

Key findings

  • The income per capita in Lake of the Woods is 12% lower than the national average
  • The median household income in Lake of the Woods is 16% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake of the Woods is 18% lower than the national average
  • The poverty level in Lake of the Woods is 21% higher than the national average

Best Places for Employment in and Around Lake of the Woods

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Compare Lake of the Woods, IL Employment

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      am i middle class

      $Input your household income
      $30,962$46,449$92,898
      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.

      Lake of the Woods median earnings by income bracket

      Lake of the Woods employment by industry

      Labour TypeMaleFemale
      Construction industry18.4%0.0%
      Manufacturing sector16.6%4.4%
      Financial & insurance services0.0%1.6%
      Wholesale & retail services13.7%21.9%
      Public administration2.0%3.4%
      Transportation, warehousing & utilities10.3%2.8%
      Education, health & social services10.9%38.1%
      Other22.5%21.7%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Mahomet, IL7,996$86,61257%
      Monticello, IL5,609$76,63239%
      Philo, IL1,627$76,35138%
      Tolono, IL3,101$63,43815%
      Savoy, IL8,118$61,64611%
      Lake of the Woods, IL2,687$46,44916%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Seagraves, TX2,687$44,61319%
      Durham, CT2,687$103,04986%
      Dennison, OH2,687$28,91748%
      Hanapepe, HI2,687$76,09038%
      Belmond, IA2,686$40,73426%
      Lake of the Woods, IL2,687$46,44916%
      Source: The Lake of the Woods, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).