Gages Lake, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Gages Lake, Illinois had a total population of 10,819, the 215th largest community in Illinois, with a median household income of $103,318, which is 24% higher than the state average. The poverty rate is 7.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Unemployment rate of 9.0% is notably above the national average.
Gages Lake Quick Facts
How Gages Lake Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 10,706 | 10,819 | +1.1% |
| Median household income | $105,114 | $103,318 | -1.7% |
| Median home value | $291,200 | $310,500 | +6.6% |
How Gages Lake Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Gages Lake Rankings in Illinois
Explore Illinois Rankings
Other Cities in Lake County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Waukegan | 89,076 | $71,919 | 15.3% | $190,900 |
| Mundelein | 31,915 | $108,340 | 8.2% | $309,700 |
| North Chicago | 30,643 | $60,172 | 24.5% | $159,600 |
| Gurnee | 30,510 | $119,628 | 5.2% | $344,300 |
| Highland Park | 30,398 | $168,094 | 4.2% | $607,300 |
| Round Lake Beach | 27,079 | $86,059 | 14.8% | $199,200 |
| Vernon Hills | 26,876 | $121,943 | 6.1% | $412,300 |
| Zion | 24,600 | $63,104 | 16.0% | $183,800 |
| Grayslake | 20,929 | $113,972 | 6.3% | $309,500 |
| Libertyville | 20,525 | $165,667 | 4.2% | $512,000 |
Cities Similar to Gages Lake
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Columbia | 11,127 | $107,606 | $293,000 | 49.0% | 5.4% |
| Waterloo | 11,129 | $98,711 | $249,500 | 37.3% | 5.9% |
| Pingree Grove | 10,914 | $114,294 | $320,800 | 42.9% | 1.2% |
| Roscoe | 10,706 | $93,036 | $227,800 | 32.5% | 5.5% |
| Troy | 11,647 | $112,434 | $268,000 | 45.2% | 2.0% |
Population Overview
Gages Lake is a small city located in Illinois, within Lake County. The total population is 10,819. It ranks as the 215th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Gages Lake is 39.8 years. This is 2% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Gages Lake is $103,318. This is 24% higher than the state median of $83,390. It is also 28% higher than the national median of $80,734. The poverty rate stands at 7.0%. This is 41% lower than the state poverty rate of 11.8%. The unemployment rate is 9.0%. This is 54% higher than the state rate of 5.8%. The median home value is $310,500. Housing costs are 18% higher than the state median of $263,300. The home-value-to-income ratio is 3.0x. 83.0% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 67.1%.
Race & Ethnicity
The largest racial or ethnic group in Gages Lake is White (non-Hispanic), making up 65.8% of the population. Hispanic or Latino residents account for 14.7%. The Black or African American population (5.2%) is well below the state average of 13.3%.
Education
42.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% higher 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 96.0%. Notably, 16.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Gages 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 Gages Lake, Illinois?
Gages Lake, Illinois has a population of 10,819 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Gages Lake, IL?
The median household income in Gages Lake is $103,318, which is 28% higher than the national median of $80,734.
What is the poverty rate in Gages Lake, IL?
The poverty rate in Gages Lake is 7.0%. This means approximately 752 residents live below the federal poverty line.
What is the racial makeup of Gages Lake, Illinois?
Gages Lake's population is 65.8% White, 5.2% Black, 14.7% Hispanic/Latino, and 6.8% Asian.
What is the median home value in Gages Lake, IL?
The median home value in Gages Lake is $310,500. The home-value-to-income ratio is 3.0x.
How educated is Gages Lake, Illinois?
42.5% of adults (25+) in Gages Lake hold a bachelor's degree or higher, and 16.2% hold a graduate or professional degree.