Lake Summerset CDP, Illinois Demographics & Population 2026
As of 2026, Lake Summerset CDP, Illinois has a total population of 2,240, the 485th largest city in Illinois, with a median household income of $105,588, which is 29% higher than the state average. The poverty rate is 4.1%.
Key Takeaways
- An exceptionally low poverty rate of 4.1% — among the lowest in Illinois.
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
- Unemployment rate of 9.6% is notably above the national average.
Lake Summerset CDP Quick Facts
How Lake Summerset CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake Summerset CDP Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Lake Summerset CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fox Lake Hills CDP | 2,304 | $111,477 | $229,700 | 27.1% | 4.0% |
| Elmwood city | 2,254 | $87,644 | $144,600 | 37.0% | 11.5% |
| Lexington city | 2,074 | $98,676 | $171,600 | 32.6% | 4.8% |
| Aviston village | 2,451 | $111,354 | $217,000 | 35.5% | 3.5% |
| Oakwood Hills village | 2,454 | $113,125 | $273,200 | 39.6% | 4.1% |
Population Overview
Lake Summerset CDP is a small community located in Illinois. The total population is 2,240. It ranks as the 485th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Lake Summerset CDP is 46.1 years. This is 19% higher than the state median of 38.9 years. 14.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Lake Summerset CDP is $105,588. This is 29% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 34% higher. The poverty rate stands at 4.1%. This is 65% 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 9.6%. This is 66% higher than the state rate of 5.8%. The median home value is $226,700. Housing costs are 10% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.1x, Lake Summerset CDP is one of the most affordable housing markets in the area. 87.8% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 66.8%.
Race & Ethnicity
Lake Summerset CDP has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 4.6%. The White (non-Hispanic) population is significantly higher than the state average (94.0% vs 58.8%). The Black or African American population (0.8%) is well below the state average of 13.6%. The Hispanic or Latino population (4.6%) is well below the state average of 18.5%. The Asian population (0.5%) is well below the state average of 5.8%.
Education
29.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% lower 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 95.9%.
Data Sources & Methodology
All demographic data for Lake Summerset 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.
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Frequently Asked Questions
What is the population of Lake Summerset CDP, Illinois?
Lake Summerset CDP, Illinois has a population of 2,240 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Summerset CDP, IL?
The median household income in Lake Summerset CDP is $105,588, which is 34% higher the national median of $78,538.
What is the poverty rate in Lake Summerset CDP, IL?
The poverty rate in Lake Summerset CDP is 4.1%. This means approximately 92 residents live below the federal poverty line.
What is the racial makeup of Lake Summerset CDP, Illinois?
Lake Summerset CDP's population is 94.0% White, 0.8% Black, 4.6% Hispanic/Latino, and 0.5% Asian.
What is the median home value in Lake Summerset CDP, IL?
The median home value in Lake Summerset CDP is $226,700. The home-value-to-income ratio is 2.1x.
How educated is Lake Summerset CDP, Illinois?
29.5% of adults (25+) in Lake Summerset CDP hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.