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Heritage Lake, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,522
Population
$133,048
Median Income
$207,300
Home Value
42.1
Median Age

Demographics

Heritage Lake has a population of 1,522 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:

White
98.9%
Other
1.1%
Demographic Value
Total Population1,522
Median Age42.1
White98.9%
Other / Two or More Races1.1%
Heritage Lake, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.9%Other: 1.1%1,522PopulationWhiteWhite98.9%OtherOther1.1%

Income & Economy

The median household income in Heritage Lake is $133,048, which is 65.1% above the national median of $80,610. The per capita income is $46,882. The poverty rate is 7.8%.

$133,048
Median Household Income
$46,882
Per Capita Income
7.8%
Poverty Rate

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Education

In Heritage Lake, 100.0% of residents age 25+ have a high school diploma or higher, and 33.7% hold a bachelor's degree or higher (7.7% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
33.7%
Graduate+
7.7%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher33.7%
Graduate or Professional Degree7.7%

Housing

The median home value in Heritage Lake is $207,300, below the national median of $303,400. The homeownership rate is 100.0%.

$207,300
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$207,300
Homeownership Rate100.0%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

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Frequently Asked Questions

What is the population of Heritage Lake, Illinois?
The population of Heritage Lake, Illinois is 1,522 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Heritage Lake, Illinois?
The median household income in Heritage Lake, Illinois is $133,048. This is 65.1% above the national median of $80,610.
What is the median home value in Heritage Lake, Illinois?
The median home value in Heritage Lake, Illinois is $207,300.
What percentage of people in Heritage Lake have a college degree?
In Heritage Lake, Illinois, 33.7% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Heritage Lake, Illinois an affordable place to live?
The home price-to-income ratio in Heritage Lake, Illinois is 1.6x (median home value $207,300 vs. median income $133,048), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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