In 2023, Island Lake, IL had a population of 8.02k people with a median age of 39.5 and a median household income of $98,125. Between 2022 and 2023 the population of Island Lake, IL declined from 8,039 to 8,023, a −0.199% decrease and its median household income grew from $91,852 to $98,125, a 6.83% increase.
The 5 largest ethnic groups in Island Lake, IL are White (Non-Hispanic) (74%), White (Hispanic) (10.1%), Two+ (Hispanic) (8.79%), Asian (Non-Hispanic) (2.72%), and Other (Hispanic) (2.12%).
None of the households in Island Lake, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
94.2% of the residents in Island Lake, IL are U.S. citizens.
In 2023, the median property value in Island Lake, IL was $241,900, and the homeownership rate was 81.7%.
Most people in Island Lake, IL drove alone to work, and the average commute time was 31.8 minutes. The average car ownership in Island Lake, IL was 2 cars per household.