Lake Summerset, IL Profile: Facts & Data

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Lake Summerset, Illinois - Basic Facts

The Lake Summerset Census Designated Place had a population of 2,057 as of July 1, 2019.

The primary coordinate point for Lake Summerset is located at latitude 42.4545 and longitude -89.3896 in Winnebago County. The formal boundaries for the Lake Summerset Census Designated Place encompass a land area of 2.06 sq. miles and a water area of 0.44 sq. miles. Winnebago County is in the Central time zone (GMT -6). The elevation is 860 feet.

While the primary coordinates for Lake Summerset Census Designated Place are located in Winnebago County, it should be noted that the formal boundaries for this community also extend into and Stephenson County.

The Lake Summerset Census Designated Place (GNIS ID: 2393085) 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 Summerset Census Designated Place is located within Township of Laona, a minor civil division (MCD) of Winnebago County.


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  1. Lake Summerset 2019 Demographic Data
  2. Growth Rates for Lake Summerset (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

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

HOUSING AFFORDABILITY INDEX

Lake Summerset, IL Housing Affordability Index is 157
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

Lake Summerset, IL Wealth Index is 112
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.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 2,057
Population in Households 2,057
Population in Familes 1,796
Population in Group Qrtrs 0
Population Density 1,000
Diversity Index1 16
 

INCOME

Median Household Income $62,929
Average Household Income $78,723
Per Capita Income $33,322
Wealth Index3 112

HOUSING

Total Housing Units 1,349 (100%)
Owner Occupied HU 793 (58.8%)
Renter Occupied HU 92 ( 6.8%)
Vacant Housing Units 463 (34.3%)
Median Home Value $165,909
Housing Affordability Index2 157
 

HOUSEHOLDS

Total Households 886
Average Household Size 2.32
Family Households 675
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 0.05% 7.53%
Households 0.23% 7.6%
Families -0.02% 7.57%
Median Household Income   1.78%
Per Capita Income   3.35%

Lake Summerset, IL - Peer Comparisons by Rank and Percentile

The table below compares Lake Summerset 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 # 502 63rd
Population Density # 738 46th
Diversity Index # 594 57th
Median Household Income # 526 62nd
Per Capita Income # 415 70th

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

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