Island Lake, IL 60042 has a population of approximately 8,390 and experiences a population change rate of -5.49%. The population density is 1,842.7 / sq mi .
Island Lake, IL 60042 has a population of approximately 8,390 and experiences a population change rate of -5.49%. The population density is 1,842.7 / sq mi .
The median household income for Island Lake, IL 60042 is $82,933, with 3,184 households and an average household size of 2.66.
The median value of a home in Island Lake, IL 60042 is $241,200 with an appreciation rate of 14.50%. 75.46% of housing in the state is owned while 18.32% is rented.
The cost of living in Island Lake, IL 60042 is 99.8 %.
The unemployment rate in Island Lake, IL 60042 is 4.70%, and recent job growth is at -1.70%. Future job growth is projected at 26.95%.
The sales tax rate in Island Lake, IL 60042 is 7.00%, while the income tax rate is 4.95% .
School expenditures in Island Lake, IL 60042 are $24,440, and the school ratio is 13.6:1.
The average high temperature in July is 82 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 36 inches per year, with 39.8 inches of snow per year.