Venetian Village, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Venetian Village, Illinois had a total population of 2,334, the 477th largest community in Illinois, with a median household income of $79,273, which is 5% lower than the state average. The poverty rate is 4.2%.
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 4.2% — among the lowest in Illinois.
Venetian Village Quick Facts
How Venetian Village 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 | 2,704 | 2,334 | -13.7% |
| Median household income | $91,786 | $79,273 | -13.6% |
| Median home value | $216,900 | $231,100 | +6.5% |
How Venetian Village 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+)
Venetian Village 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 Venetian Village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Tremont | 2,366 | $79,810 | $187,400 | 32.9% | 5.1% |
| Brighton | 2,306 | $80,214 | $145,000 | 23.2% | 10.1% |
| Carthage | 2,291 | $77,004 | $112,900 | 34.5% | 6.7% |
| Hinckley | 2,331 | $86,823 | $291,700 | 32.1% | 10.0% |
| Altamont | 2,282 | $75,510 | $129,800 | 21.8% | 15.1% |
Population Overview
Venetian Village is a small community located in Illinois, within Lake County. The total population is 2,334. It ranks as the 477th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Venetian Village is 38.3 years. This is 2% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Venetian Village is $79,273. This is 5% lower than the state median of $83,390. It is also 2% lower than the national median of $80,734. The poverty rate stands at 4.2%. This is 64% 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 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $231,100. Housing costs are 12% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.9x, Venetian Village is one of the most affordable housing markets in the area. 83.8% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 67.1%.
Race & Ethnicity
The largest racial or ethnic group in Venetian Village is White (non-Hispanic), making up 71.0% of the population. Hispanic or Latino residents account for 24.7%. The Black or African American population (3.3%) is well below the state average of 13.3%.
Education
17.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% 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 87.3%.
Data Sources & Methodology
All demographic data for Venetian Village, 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 Venetian Village, Illinois?
Venetian Village, Illinois has a population of 2,334 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Venetian Village, IL?
The median household income in Venetian Village is $79,273, which is 2% lower than the national median of $80,734.
What is the poverty rate in Venetian Village, IL?
The poverty rate in Venetian Village is 4.2%. This means approximately 99 residents live below the federal poverty line.
What is the racial makeup of Venetian Village, Illinois?
Venetian Village's population is 71.0% White, 3.3% Black, 24.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Venetian Village, IL?
The median home value in Venetian Village is $231,100. The home-value-to-income ratio is 2.9x.
How educated is Venetian Village, Illinois?
17.4% of adults (25+) in Venetian Village hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.