Lake of the Woods, IL Profile: Facts, Map & Data

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Lake of the Woods, Illinois - Basic Facts

The Lake of the Woods Census Designated Place had a population of 3,202 as of July 1, 2017. Lake of the Woods ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Lake of the Woods is located at latitude 40.2052 and longitude -88.3746 in Champaign County. The formal boundaries for the Lake of the Woods Census Designated Place (see map below) encompass a land area of 1.76 sq. miles and a water area of 0.07 sq. miles. Champaign County is in the Central time zone (GMT -6). The elevation is 748 feet.

The Lake of the Woods Census Designated Place (GNIS ID: 2393082) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lake of the Woods Census Designated Place is located within Township of Mahomet, a minor civil division (MCD) of Champaign County.

Beneath the boundary map are tables with Lake of the Woods population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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Lake of the Woods Census Designated Place, IL Boundary Map



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Boundary Maps: Township of Mahomet | Champaign County | Illinois Counties

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Lake of the Woods, IL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 3,202
Daytime Population: Workers 329
Daytime Population: Residents 1,783
Total Daytime Population (TDP) 2,112
Ratio TDP/Total Population1 0.66
Population in Households 3,202
Population in Familes 2,667
Population in Group Qrtrs 0
Population Density2 1,814
Diversity Index3 17
 

INCOME

Median Household Income $54,978
Average Household Income $76,114
Per Capita Income $29,240

HOUSING

Total Housing Units 1,360 (100%)
Owner Occupied HU 984 (72.4%)
Renter Occupied HU 320 (23.5%)
Vacant Housing Units 56 ( 4.1%)
Median Home Value $119,274
Average Home Value $140,015
 

HOUSEHOLDS

Total Households 1,304
Average Household Size 2.46
Family Households 934
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.32% 1.2%
Households 1.32% 1.23%
Families 1.69% 1.17%
Median Household Income   1.17%
Per Capita Income   2.63%

Lake of the Woods, IL - Peer Comparisons by Rank and Percentile

The table below compares Lake of the Woods to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 427 69th
Population Density # 338 75th
Diversity Index # 554 60th
Median Household Income # 624 54th
Per Capita Income # 478 65th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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