Last updated: 2024 BLS data · Page refreshed:
Island Lake has a population of 8,014 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,014 |
| Median Age | 39.1 |
| White | 83.3% |
| Black or African American | 0.3% |
| Asian | 2.4% |
| Hispanic or Latino | 18.1% |
The median household income in Island Lake is $103,156, which is 28.0% above the national median of $80,610. The per capita income is $41,302. The poverty rate is 6.7%.
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In Island Lake, 91.1% of residents age 25+ have a high school diploma or higher, and 30.4% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.1% |
| Bachelor's Degree or Higher | 30.4% |
| Graduate or Professional Degree | 7.6% |
The median home value in Island Lake is $262,500, below the national median of $303,400. The median monthly rent is $1,874. The homeownership rate is 82.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $262,500 |
| Median Monthly Rent | $1,874 |
| Homeownership Rate | 82.7% |
| Vacancy Rate | 5.5% |
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