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Willow 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
764
Population
$100,568
Median Income
$162,200
Home Value
57.0
Median Age

Demographics

Willow Lake has a population of 764 with a median age of 57.0. Here is the racial and ethnic breakdown of the population:

White
92.4%
Black
4.6%
Asian
2.0%
Hispanic
1.0%
Demographic Value
Total Population764
Median Age57.0
White92.4%
Black or African American4.6%
Asian2.0%
Hispanic or Latino1.0%
Willow Lake, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 92.4%Black: 4.6%Asian: 2.0%Other: 1.0%764PopulationWhiteWhite92.4%BlackBlack4.6%AsianAsian2.0%OtherOther1.0%

Income & Economy

The median household income in Willow Lake is $100,568, which is 24.8% above the national median of $80,610. The per capita income is $54,586. The poverty rate is 6.4%.

$100,568
Median Household Income
$54,586
Per Capita Income
6.4%
Poverty Rate

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Education

In Willow Lake, 92.5% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (4.7% with a graduate or professional degree).

HS Diploma+
92.5%
Bachelor's+
22.7%
Graduate+
4.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.5%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree4.7%

Housing

The median home value in Willow Lake is $162,200, below the national median of $303,400. The homeownership rate is 94.9%.

$162,200
Median Home Value
94.9%
Homeownership Rate
Housing Metric Value
Median Home Value$162,200
Homeownership Rate94.9%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Willow Lake, Illinois?
The population of Willow Lake, Illinois is 764 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Willow Lake, Illinois?
The median household income in Willow Lake, Illinois is $100,568. This is 24.8% above the national median of $80,610.
What is the median home value in Willow Lake, Illinois?
The median home value in Willow Lake, Illinois is $162,200.
What percentage of people in Willow Lake have a college degree?
In Willow Lake, Illinois, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.5% have a high school diploma or higher.
Is Willow Lake, Illinois an affordable place to live?
The home price-to-income ratio in Willow Lake, Illinois is 1.6x (median home value $162,200 vs. median income $100,568), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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