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Lake Camelot, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

During the 2020–2024 ACS period, Lake Camelot, Illinois had a total population of 1,629, the 555th largest community in Illinois, with a median household income of $133,656, which is 60% higher than the state average. The poverty rate is 0.0%.

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

Key Takeaways

Lake Camelot Quick Facts

Population 1,629
Median Household Income $133,656
Median Home Value $236,400
Poverty Rate 0.0%
Unemployment Rate 3.3%
Median Age 43.1 years
Homeownership Rate 100.0%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 39.0%
High School Graduation Rate 100.0%
Diversity Index 41/100
Population 1,629 555th of 1,445
Median Income $133,656 top 10%
Poverty Rate 0.0%
Median Home Value $236,400 top 30%

How Lake Camelot 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
Population1,7441,629-6.6%
Median household income$128,333$133,656+4.1%
Median home value$220,300$236,400+7.3%

How Lake Camelot Compares

Economy & Housing

Household Income Distribution

Under $25K 0.0%
$25K-$50K 11.0%
$50K-$100K 16.9%
$100K+ 72.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
3.3%
$40K-$45K
1.1%
$45K-$50K
6.6%
$50K-$60K
1.8%
$60K-$75K
6.7%
$75K-$100K
8.3%
$100K-$125K
15.9%
$125K-$150K
15.2%
$150K-$200K
16.0%
$200K+
25.0%

Employment

3.3% Unemployment Rate State: 5.8%|National: 5.2%
67.0% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

41out of 100
Moderate Diversity

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

State average: 61 | National average: 61

Education

Lake Camelot Rankings in Illinois

#555 Population of 1,445
#84 Median Income of 1,374
#211 Education of 1,444
#288 Home Value of 1,372

Other Cities in Peoria County

CityPopulationMedian IncomePovertyHome Value
Peoria 112,169 $59,410 21.0% $156,200
Pekin 31,781 $60,790 12.8% $120,700
Chillicothe 5,900 $66,132 3.7% $132,900
Bartonville 5,841 $72,821 7.1% $139,100
Peoria Heights 5,825 $60,099 8.2% $117,700
West Peoria 4,238 $66,098 8.4% $93,900
Elmwood 2,327 $90,285 10.1% $153,500
Bellevue 2,106 $60,987 11.6% $121,300
Farmington 2,050 $65,223 11.0% $101,300
Rome 1,947 $88,750 6.5% $159,800

Cities Similar to Lake Camelot

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Heritage Lake1,522$133,048$207,30033.7%7.8%
Leland Grove1,517$130,833$274,30067.6%2.9%
Downs1,641$110,625$240,60055.9%10.8%
The Galena Territory1,735$117,548$324,70056.5%2.5%
Teutopolis1,729$115,938$247,70040.4%2.8%

Population Overview

Lake Camelot is a small community located in Illinois, within Peoria County. The total population is 1,629. It ranks as the 555th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Lake Camelot is 43.1 years. This is 11% higher than the state median of 39.0 years. With 31.3% of the population under 18, Lake Camelot has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lake Camelot is $133,656. This is 60% higher than the state median of $83,390. It is also 66% higher than the national median of $80,734. The ACS records no residents below the poverty line in Lake Camelot. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 3.3%. This is 43% lower than the state rate of 5.8%. The median home value is $236,400. Housing costs are 10% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.8x, Lake Camelot is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 49% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Lake Camelot is White (non-Hispanic), making up 73.2% of the population. Asian residents account for 0.7%. The Asian population (0.7%) is well below the state average of 5.9%.

Education

39.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Lake Camelot, 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 Lake Camelot, Illinois?

Lake Camelot, Illinois has a population of 1,629 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lake Camelot is $133,656, which is 66% higher than the national median of $80,734.

What is the poverty rate in Lake Camelot, IL?

The ACS sample for Lake Camelot recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Lake Camelot, Illinois?

Lake Camelot's population is 73.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.7% Asian.

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

The median home value in Lake Camelot is $236,400. The home-value-to-income ratio is 1.8x.

How educated is Lake Camelot, Illinois?

39.0% of adults (25+) in Lake Camelot hold a bachelor's degree or higher, and 13.7% hold a graduate or professional degree.