Island Lake village at a Glance
Population
8,039
Median Home Value
$223,100
Nat'l avg: $281,900
Median Rent
$1,754
Nat'l avg: $1,163
Median Income
$91,852
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
0/100
Car-Dependent
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Score: 73.10
Explore Island Lake village
Dive deeper into Island Lake village with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Island Lake village ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Island Lake village
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Island Lake village
Young Professionals
Best neighborhoods for career starters in Island Lake village
Retiree Neighborhoods
Best neighborhoods for retirees in Island Lake village
Living In Guide
Complete guide to life in Island Lake village — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Island Lake village with detailed data
About Island Lake village
If you're seeking a slice of the American dream without breaking the bank, Island Lake, Illinois, is a hidden gem. This charming village, home to just over 8,000 residents, offers an undeniably appealing lifestyle, particularly for those prioritizing affordability. The median home value here clocks in at a comfortable $223,100, significantly below the national average. This impressive affordability doesn't mean compromising on quality of life, however. Island Lake boasts a strong sense of community and a relaxed atmosphere, a world away from the hustle and bustle of larger cities. From an investment perspective, Island Lake presents a compelling case. The median household income of $91,852 demonstrates the economic stability of the area, well above the national median. While specific employment figures are not available, the overall economic health of the community suggests a healthy job market. The village is known for its safety and family-friendly environment, making it an ideal location for young families and those looking for a peaceful retreat. With its blend of affordability, safety, and community spirit, Island Lake is perfectly suited for those seeking a balanced lifestyle within a reasonable budget.