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 3,102 as of July 1, 2016.

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, 2016.


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, 2016)

POPULATION

Total Population 3,102
Population in Households 3,102
Population in Familes 2,583
Population in Group Qrtrs 0
Population Density1 1,757
Diversity Index2 16
 

HOUSEHOLDS

Total Households 1,263
Average Household Size 2.46
Family Households 906
Average Family Size 3

HOUSING

Total Housing Units 1,333 (100%)
Owner Occupied HU 958 (71.9%)
Renter Occupied HU 305 (22.9%)
Vacant Housing Units 70 ( 5.3%)
Median Home Value $120,256
Average Home Value $143,175
 

INCOME

Median Household Income $55,546
Average Household Income $75,221
Per Capita Income $28,910
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 1.02% 0.99%
Households 1.01% 1.01%
Families 1.47% 0.97%
Median Household Income   0.34%
Per Capita Income   0.99%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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, 2016 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 # 434 68th
Population Density1 # 369 73rd
Diversity Index2 # 559 59th
Median Household Income # 553 60th
Per Capita Income # 435 68th

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