The median home value in Island Lake, IL is $260,000. This is higher than the county median home value of $207,300. The national median home value is $219,700. The average price of homes sold in Island Lake, IL is $260,000. Approximately 79.59% of Island Lake homes are owned, compared to 18.26% rented, while 2.16% are vacant. Island Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Island Lake real estate agent to arrange a tour today!
Island Lake, Illinois has a population of 8,049. Island Lake is less family-centric than the surrounding county with 33.14% of the households containing married families with children. The county average for households married with children is 37.26%.
The median household income in Island Lake, Illinois is $73,692. The median household income for the surrounding county is $82,230 compared to the national median of $57,652. The median age of people living in Island Lake is 39.8 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 36.8 inches per year, with 34.3 inches of snow per year.