Lake Carroll CDP, Illinois Demographics & Population 2026

Population Overview

Lake Carroll CDP is a small community located in Illinois. The total population is 763. It ranks as the 788th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Lake Carroll CDP is 60.6 years. This is 56% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Lake Carroll CDP is $101,250. This is 24% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 29% higher. The poverty rate stands at 3.1%. This is 73% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.8%. The median home value is $317,900. Housing costs are 27% higher than the state median of $250,500. The home-value-to-income ratio is 3.1x. 99.3% of occupied housing units are owner-occupied. This homeownership rate is 49% higher than the state average of 66.8%.

Race & Ethnicity

Lake Carroll CDP has a predominantly White (non-Hispanic) population, comprising 99.3% of all residents. Black or African American residents account for 0.4%. The White (non-Hispanic) population is significantly higher than the state average (99.3% vs 58.8%). The Black or African American population (0.4%) is well below the state average of 13.6%.

Education

36.9% of residents aged 25 and older hold a bachelor's degree or higher. This is about average than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%.

Data Sources & Methodology

All demographic data for Lake Carroll CDP, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.