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Lake County, IL&

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0.12% decline
Median Age
Median Household Income
1.27% growth
Poverty Rate
Number of Employees
1.01% growth
Median Property Value
2.32% growth


The economy of Lake County, IL employs 354,666 people. The economy of Lake County, IL is specialized in Management of Companies & Enterprises; Wholesale trade; and Manufacturing, which employ respectively 2.61; 1.73; and 1.7 times more people than what would be expected in a location of this size. The largest industries in Lake County, IL are Manufacturing (56,720), Retail trade (42,701), and Healthcare & Social Assistance (39,343), and the highest paying industries are Professional, Scientific, Tech Services ($75,623), Finance & Insurance ($74,562), and Utilities ($72,161).

Median household income in Lake County, IL is $83,152. Males in Lake County, IL have an average income that is 1.36 times higher than the average income of females, which is $52,320. The income inequality of Lake County, IL (measured using the Gini index) is 0.488 which is higher than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake County, IL. In Lake County, IL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 109 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,832. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.


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Lake County, IL is home to a population of 703,047 people, from which 90.3% are citizens. The ethnic composition of the population of Lake County, IL is composed of 437,851 White residents (62.3%), 150,882 Hispanic residents (21.5%), 52,069 Asian residents (7.41%), 45,119 Black residents (6.42%), and 14,924 Two+ residents (2.12%). The most common foreign languages in Lake County, IL are Spanish (113,036 speakers), Russian (9,668 speakers), and Chinese (7,159 speakers), but compared to other places, Lake County, IL has a relative high number of Polish (6,953 speakers), Russian (9,668 speakers), and Greek (2,221 speakers).


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In 2015 universities in Lake County, IL awarded 5,939 degrees. The student population of Lake County, IL is skewed towards females, with 2,873 male students and 3,066 female students. Most students in Lake County, IL are White (3,257 and 54.8%), followed by Hispanic or Latino (1,068 and 18%), Unknown (474 and 7.98%), and Asian (451 and 7.59%). The largest universities in Lake County, IL by number of graduates are College of Lake County (3,729 and 62.8%), Rosalind Franklin University of Medicine and Science (672 and 11.3%), and Lake Forest College (490 and 8.25%). The most popular majors in Lake County, IL are Nursing Assistant & Patient Care Assistant (686 and 11.6%), Automobile Mechanics Technology (363 and 6.11%), and Emergency Care Attendant (EMT Ambulance) (185 and 3.12%). The median tuition costs in Lake County, IL are N/A for private four year colleges, and $29,660 and $29,660 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Lake County, IL is $264,100, which is 1.29 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $258,100 to $264,100, a 2.32% increase. The homeownership rate of Lake County, IL is 73%, which is higher than the national average of 63.1%. People in Lake County, IL have an average commute time of 28.2 minutes, and they commute by Drove Alone. Car ownership in Lake County, IL is approximately the same as the national average, with an average of 2 cars per household.


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