Venetian Village, IL Profile: Facts & Data

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Venetian Village, Illinois - Basic Facts

The Venetian Village Census Designated Place had a population of 2,687 as of July 1, 2019. Venetian Village ranks in the upper quartile for 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 Venetian Village is located at latitude 42.3986 and longitude -88.0526 in Lake County. The formal boundaries for the Venetian Village Census Designated Place encompass a land area of 1.84 sq. miles and a water area of 0.61 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 801 feet.

The Venetian Village Census Designated Place (GNIS ID: 2393831) 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 Venetian Village Census Designated Place is located within Township of Lake Villa, a minor civil division (MCD) of Lake County.


Jump to... (On This Page!)
  1. Venetian Village 2019 Demographic Data
  2. Growth Rates for Venetian Village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

Venetian Village, IL - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Venetian Village, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Venetian Village, IL Housing Affordability Index is 182
State of Illinois Housing Affordability Index is 119
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.

WEALTH INDEX

Venetian Village, IL Wealth Index is 101
State of Illinois Wealth Index is 105
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Illinois address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 2,687
Population in Households 2,659
Population in Familes 2,295
Population in Group Qrtrs 28
Population Density 1,536
Diversity Index1 44
 

INCOME

Median Household Income $81,068
Average Household Income $96,510
Per Capita Income $34,559
Wealth Index3 101

HOUSING

Total Housing Units 1,095 (100%)
Owner Occupied HU 819 (74.8%)
Renter Occupied HU 197 (18.0%)
Vacant Housing Units 78 ( 7.1%)
Median Home Value $215,094
Housing Affordability Index2 182
 

HOUSEHOLDS

Total Households 1,017
Average Household Size 2.61
Family Households 757
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population 0.15% -0.06%
Households 0.29% -0.02%
Families 0.1% -0.11%
Median Household Income   2.11%
Per Capita Income   3.16%

Venetian Village, IL - Peer Comparisons by Rank and Percentile

The table below compares Venetian Village to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 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 # 455 67th
Population Density # 435 68th
Diversity Index # 230 83rd
Median Household Income # 196 86th
Per Capita Income # 342 75th

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

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