Lakemoor, IL Profile: Facts & Data

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Lakemoor, Illinois - Basic Facts

The Village of Lakemoor had a population of 6,082 as of July 1, 2019. Lakemoor 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 Lakemoor is located at latitude 42.3286 and longitude -88.199 in McHenry County. The formal boundaries for the Village of Lakemoor encompass a land area of 5 sq. miles and a water area of 0.24 sq. miles. McHenry County is in the Central time zone (GMT -6). The elevation is 761 feet.

While the primary coordinates for Village of Lakemoor are located in McHenry County, it should be noted that the formal boundaries for this community also extend into and Lake County.

The Village of Lakemoor (GNIS ID: 2398387) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Lakemoor is located within Township of McHenry, a minor civil division (MCD) of McHenry County.


Jump to... (On This Page!)
  1. Lakemoor 2019 Demographic Data
  2. Growth Rates for Lakemoor (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

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

HOUSING AFFORDABILITY INDEX

Lakemoor, IL Housing Affordability Index is 164
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

Lakemoor, IL Wealth Index is 94
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 Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 6,082 (100%)
Population in Households 6,082 (100.0%)
Population in Families 4,977 (81.8%)
Population in Group Quarters1 0
Population Density 1,207
Diversity Index2 41
 

INCOME

Median Household Income $76,698
Average Household Income $91,641
Per Capita Income $36,067
Wealth Index4 94

HOUSING

Total Housing Units 2,568 (100%)
Owner Occupied HU 1,671 (65.1%)
Renter Occupied HU 665 (25.9%)
Vacant Housing Units 232 ( 9.0%)
Median Home Value $231,649
Housing Affordability Index3 164
 

HOUSEHOLDS

Total Households 2,336
Average Household Size 2.6
Family Households 1,577
Average Family Size 3
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 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.
  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 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 0.05% 0.23%
Households 0.23% 0.33%
Families 0.41% 0.2%
Median Household Income   1.97%
Per Capita Income   2.87%

Lakemoor, IL - Peer Comparisons by Rank and Percentile

The table below compares Lakemoor 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 # 302 78th
Population Density # 616 55th
Diversity Index # 252 82nd
Median Household Income # 268 80th
Per Capita Income # 286 79th

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

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