Lake Camelot, Illinois Demographics & Population 2026
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
- Household income is 60% above the state average — one of the wealthiest communities in Illinois.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
Lake Camelot Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,744 | 1,629 | -6.6% |
| Median household income | $128,333 | $133,656 | +4.1% |
| Median home value | $220,300 | $236,400 | +7.3% |
How Lake Camelot Compares
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+)
Lake Camelot Rankings in Illinois
Explore Illinois Rankings
Other Cities in Peoria County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Heritage Lake | 1,522 | $133,048 | $207,300 | 33.7% | 7.8% |
| Leland Grove | 1,517 | $130,833 | $274,300 | 67.6% | 2.9% |
| Downs | 1,641 | $110,625 | $240,600 | 55.9% | 10.8% |
| The Galena Territory | 1,735 | $117,548 | $324,700 | 56.5% | 2.5% |
| Teutopolis | 1,729 | $115,938 | $247,700 | 40.4% | 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.