Third Lake, IL Employment - Median Household Income, Unemployment Rate

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76%

Income/capita NAT. AVG.

151%

Household income NAT. AVG.

84%

Unemployment NAT. AVG.

Index	Third Lake	Illinois	National
Income per capita	$79,142	$47,397	$44,883
Median household income	$204,409	$88,967	$81,333
Median income owner occupied	$202,483	$111,557	$106,172
Median income renter occupied	$159,075	$52,117	$52,080
Median earnings male	$96,280	$60,185	$54,343
Median earnings female	$52,309	$40,368	$38,439
Unemployment rate	0.8%	6.6%	4.9%
Poverty level	4.3%	14.0%	15.1%

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Key findings

The income per capita in Third Lake is 76% higher than the national average
The median household income in Third Lake is 151% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Third Lake is 84% lower than the national average
The poverty level in Third Lake is 71% lower than the national average

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am i middle class

$136,259 $204,409 $408,818

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.

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Third Lake median earnings by income bracket

Third Lake employment by industry

Labour Type	Male	Female
Construction industry	5.2%	5.2%
Manufacturing sector	15.7%	15.7%
Financial & insurance services	8.0%	8.0%
Wholesale & retail services	14.2%	14.2%
Public administration	2.8%	2.8%
Transportation, warehousing & utilities	6.2%	6.2%
Education, health & social services	13.2%	13.2%
Other	34.8%	34.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Riverwoods, IL	3,636	$342,690	321.3%
Kildeer, IL	4,158	$320,299	293.8%
Long Grove, IL	8,145	$313,087	284.9%
Hawthorn Woods, IL	8,495	$305,140	275.2%
North Barrington, IL	2,886	$292,563	259.7%
Third Lake, IL	1,192	$204,409	151.3%

Cities with similar population

City	Population	Household Income	National Avg.
Arlington, GA	1,192	$50,478	37.9%
Kaumakani, HI	1,192	$109,915	35.1%
Millers Falls, MA	1,192	$80,086	1.5%
Ninnekah, OK	1,192	$86,765	6.7%
Hawley, PA	1,192	$57,352	29.5%
Third Lake, IL	1,192	$204,409	151.3%

Source: The Third Lake, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.