Lake County, Illinois
Income Data
At a Glance
How Lake County Compares
Detailed Income Statistics
Data Story
About Household Income in Lake County, Illinois
Lake County's income leads the nation
Lake County's median household income of $108,917 towers 46% above the national median of $74,755, placing it among the wealthiest counties in America. The county's per capita income of $55,756 nearly doubles the national average, reflecting a highly prosperous workforce.
Illinois' wealthiest county by far
Lake County ranks at the top of Illinois counties with a median household income 59% higher than the state average of $68,580. Its per capita income of $55,756 outpaces the state average by 55%, establishing it as the economic engine of Illinois.
Vastly outpaces surrounding regions
Lake County's $108,917 median income dwarfs neighboring LaSalle County ($72,281) and Lee County ($68,459), reflecting fundamentally different economic bases. The $40,000+ income gap between Lake and its nearest competitor underscores the county's unique position as a high-wage regional hub.
Healthy housing affordability cushion
Lake County residents spend just 15.8% of income on rent, well below the 30% affordability threshold and leaving substantial room for other expenses. With a median home value of $326,600 and strong incomes, homeownership remains achievable for middle-class families despite higher absolute housing costs.
Leverage Lake County's income advantage
With incomes 46% above the national average, Lake County households have exceptional capacity to invest in retirement accounts, education, and wealth-building opportunities. Now is the time to maximize 401(k) contributions, open a Roth IRA, or consult a financial advisor about investment strategies that match your long-term goals.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Lake County median
County median: $108,917 per year
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vs. State Average
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vs. National Median
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Income Adequacy
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.