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Last Updated: 09/30/2022


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All About

Living In Island Lake, IL

Island Lake, Illinois is a small town with approximately 8,000 residents. Middle-aged professionals can expect to feel right at home, as they make up an above-average percentage of the community, while retirees are less well-represented. At an average age of just under 38, the town's population skews younger than most cities in Illinois. Renters tend to be in the minority in the area, and 82% of residents own their homes. Relatively high rent costs may be playing a role, as the average rent of $1,293 per month is substantially higher than the state average of $1,052.

There are four primary industries in Island Lake: manufacturing, retail, construction, and healthcare. Together, these industries make up 32% of the workforce in the town. Meanwhile, in terms of job function, many of the town's workers are in sales, making it the top profession in the town. Island Lake workers take home an average annual income of about $82,000, slightly more than their peers elsewhere in Illinois. The town's average income also compares favorably to the national average of $73,345. Compared to the national average, Island Lake has a relatively high concentration of residents older than 25 who have earned a high school degree or GED (22%). Further, 18% have a Bachelor's, Master's, Professional, or Doctoral degree.

Averaging about 39 minutes, the commute time for Island Lake residents is longer than the state average of about 32 minutes. Many residents (54%) drive their car or truck to work, while public transportation is not extensively used. Relatively few residents walk to work.

Frequently Asked Questions About Island Lake

How much does it cost to rent in Island Lake, IL?

Our Price Sort filter can help you find a rental at a cost that's perfect for your budget.

What is the average cost of rent for a one-bedroom in Island Lake?

The average rent of a one-bedroom apartment in Island Lake is $825

Are there any cheap apartments for rent in Island Lake?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Island Lake?

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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