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Candlewick Lake, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Candlewick Lake, Illinois had a total population of 5,448, the 323rd largest community in Illinois, with a median household income of $86,146, which is 3% higher than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Candlewick Lake Quick Facts

Population 5,448
Median Household Income $86,146
Median Home Value $172,300
Poverty Rate 10.0%
Unemployment Rate 4.6%
Median Age 34.5 years
Homeownership Rate 92.7%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 21.5%
High School Graduation Rate 89.1%
Diversity Index 50/100
Population 5,448 323rd of 1,445
Median Income $86,146 top 30%
Poverty Rate 10.0% 19% lower than national
Median Home Value $172,300 above average

How Candlewick Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,4595,448-0.2%
Median household income$94,820$86,146-9.1%
Median home value$169,200$172,300+1.8%

How Candlewick Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 17.6%
$25K-$50K 7.4%
$50K-$100K 37.5%
$100K+ 37.5%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
0.0%
$15K-$20K
3.3%
$20K-$25K
8.3%
$25K-$30K
1.4%
$30K-$35K
0.7%
$35K-$40K
0.8%
$40K-$45K
2.0%
$45K-$50K
2.5%
$50K-$60K
9.7%
$60K-$75K
8.7%
$75K-$100K
19.2%
$100K-$125K
14.2%
$125K-$150K
13.2%
$150K-$200K
8.1%
$200K+
2.1%

Employment

4.6% Unemployment Rate State: 5.8%|National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 92.7%
Renter 7.3%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $1,520/mo 21.2% of median household income annually

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Candlewick Lake Rankings in Illinois

#323 Population of 1,445
#371 Median Income of 1,374
#548 Education of 1,444
#442 Home Value of 1,372

Other Cities in Boone County

CityPopulationMedian IncomePovertyHome Value
Belvidere 24,752 $64,528 14.6% $158,900
Poplar Grove 3,923 $120,278 3.7% $270,700
Capron 1,311 $90,192 8.9% $160,100
Timberlane 1,278 $147,308 0.8% $351,000
Garden Prairie 403 $68,319 0.0% $186,400
Caledonia 226 $88,571 8.4% $163,200

Cities Similar to Candlewick Lake

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Genoa5,492$82,128$225,20015.9%11.8%
Berkeley5,199$85,823$246,90018.6%17.5%
Monee5,108$91,969$240,50031.4%6.2%
Colona5,139$79,700$147,50018.9%3.8%
Spring Valley5,476$70,598$153,30016.9%7.1%

Population Overview

Candlewick Lake is a small city located in Illinois, within Boone County. The total population is 5,448. It ranks as the 323rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Candlewick Lake is 34.5 years. This is 12% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Candlewick Lake is $86,146. This is 3% higher than the state median of $83,390. It is also 7% higher than the national median of $80,734. The poverty rate stands at 10.0%. This is 15% lower than the state poverty rate of 11.8%. The unemployment rate is 4.6%. This is 22% lower than the state rate of 5.8%. The median home value is $172,300. Housing costs are 35% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.0x, Candlewick Lake is one of the most affordable housing markets in the area. 92.7% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Candlewick Lake is White (non-Hispanic), making up 66.3% of the population. Hispanic or Latino residents account for 23.0%. The Black or African American population (4.0%) is well below the state average of 13.3%. The Asian population (0.7%) is well below the state average of 5.9%.

Education

21.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.1%.

Data Sources & Methodology

All demographic data for Candlewick Lake, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Candlewick Lake, Illinois?

Candlewick Lake, Illinois has a population of 5,448 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Candlewick Lake, IL?

The median household income in Candlewick Lake is $86,146, which is 7% higher than the national median of $80,734.

What is the poverty rate in Candlewick Lake, IL?

The poverty rate in Candlewick Lake is 10.0%. This means approximately 547 residents live below the federal poverty line.

What is the racial makeup of Candlewick Lake, Illinois?

Candlewick Lake's population is 66.3% White, 4.0% Black, 23.0% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Candlewick Lake, IL?

The median home value in Candlewick Lake is $172,300. The home-value-to-income ratio is 2.0x.

How educated is Candlewick Lake, Illinois?

21.5% of adults (25+) in Candlewick Lake hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.