Lakemoor, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Lakemoor, Illinois had a total population of 6,467, the 296th largest village in Illinois, with a median household income of $100,414, which is 20% higher than the state average. The poverty rate is 4.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 4.7% — among the lowest in Illinois.
- Near full employment with an unemployment rate of just 2.4%.
Lakemoor Quick Facts
How Lakemoor 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 | 5,878 | 6,467 | +10.0% |
| Median household income | $96,929 | $100,414 | +3.6% |
| Median home value | $261,300 | $265,500 | +1.6% |
How Lakemoor 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+)
Lakemoor 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 Lakemoor
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Monticello | 6,304 | $99,449 | $210,500 | 40.7% | 5.7% |
| Winthrop Harbor | 6,559 | $95,690 | $250,800 | 22.2% | 5.2% |
| Johnsburg | 6,386 | $121,023 | $328,300 | 24.3% | 12.1% |
| Willow Springs | 5,868 | $103,583 | $378,300 | 37.9% | 4.1% |
| Orland Hills | 6,719 | $122,039 | $280,300 | 36.3% | 6.4% |
Population Overview
Lakemoor is a small city located in Illinois, within Lake County. The total population is 6,467. It ranks as the 296th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Lakemoor is 35.5 years. This is 9% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Lakemoor is $100,414. This is 20% higher than the state median of $83,390. It is also 24% higher than the national median of $80,734. The poverty rate stands at 4.7%. This is 60% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 59% lower than the state rate of 5.8%. The median home value is $265,500. Housing costs are about the same as the state median of $263,300. With a home-value-to-income ratio of just 2.6x, Lakemoor is one of the most affordable housing markets in the area. 65.1% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 67.1%.
Race & Ethnicity
The largest racial or ethnic group in Lakemoor is White (non-Hispanic), making up 72.2% of the population. Hispanic or Latino residents account for 14.6%. The Black or African American population (0.9%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (11.0% vs 5.9%).
Education
36.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower 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 94.9%.
Data Sources & Methodology
All demographic data for Lakemoor, 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 Lakemoor, Illinois?
Lakemoor, Illinois has a population of 6,467 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lakemoor, IL?
The median household income in Lakemoor is $100,414, which is 24% higher than the national median of $80,734.
What is the poverty rate in Lakemoor, IL?
The poverty rate in Lakemoor is 4.7%. This means approximately 305 residents live below the federal poverty line.
What is the racial makeup of Lakemoor, Illinois?
Lakemoor's population is 72.2% White, 0.9% Black, 14.6% Hispanic/Latino, and 11.0% Asian.
What is the median home value in Lakemoor, IL?
The median home value in Lakemoor is $265,500. The home-value-to-income ratio is 2.6x.
How educated is Lakemoor, Illinois?
36.5% of adults (25+) in Lakemoor hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.