Candlewick Lake CDP, IL Profile: Facts & Data

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Candlewick Lake CDP, Illinois - Basic Facts

The Candlewick Lake Census Designated Place had a population of 5,184 as of July 1, 2020. Candlewick Lake CDP ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Candlewick Lake CDP is located at latitude 42.3525 and longitude -88.8693 in Boone County. The formal boundaries for the Candlewick Lake Census Designated Place encompass a land area of 1.82 sq. miles and a water area of 0.29 sq. miles.

The Candlewick Lake Census Designated Place (GNIS ID: 2727440) 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 ""

The Candlewick Lake Census Designated Place is located within Township of Caledonia, a minor civil division (MCD) of Boone County.


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Candlewick Lake CDP, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 5,184 (100%)
Population in Households 5,184 (100.0%)
Population in Families 4,654 (89.8%)
Population in Group Quarters1 0
Population Density 2,804
Diversity Index2 52
 
 

INCOME

Median Household Income $58,612
Average Household Income $70,534
% of Income for Mortgage4 10%
Per Capita Income $22,536
Wealth Index5 60
 

HOUSING

Total HU (Housing Units) 1,821 (100%)
Owner Occupied HU 1,429 (78.5%)
Renter Occupied HU 203 (11.1%)
Vacant Housing Units 190 (10.4%)
Median Home Value $137,500
Average Home Value $154,983
Housing Affordability Index3 210
 

HOUSEHOLDS

Total Households 1,631
Average Household Size 3.18
Family Households 1,324
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.1% -0.99%
Households 0.3% -0.89%
Families 0.06% -1.05%
Median Household Income   0.5%
Per Capita Income   1.42%
Owner Occupied HU   -0.91%

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Candlewick Lake CDP, IL - Peer Comparisons by Rank and Percentile

The table below compares Candlewick Lake CDP to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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 # 332 76th
Population Density # 151 89th
Median Household Income # 638 53rd
Housing Affordability Index # 526 38th
Per Capita Income # 1225 11th
Diversity Index # 180 87th

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

Candlewick Lake CDP, IL - Most Popular Things to Do

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