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Wadsworth, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Wadsworth, Illinois had a total population of 3,686, the 398th largest village in Illinois, with a median household income of $142,738, which is 71% higher than the state average. The poverty rate is 8.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Wadsworth Quick Facts

Population 3,686
Median Household Income $142,738
Median Home Value $378,900
Poverty Rate 8.5%
Unemployment Rate 13.3%
Median Age 38.5 years
Homeownership Rate 92.6%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 47.4%
High School Graduation Rate 90.6%
Diversity Index 45/100
Population 3,686 398th of 1,445
Median Income $142,738 top 10%
Poverty Rate 8.5% 32% lower than national
Median Home Value $378,900 top 10%

How Wadsworth Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,5353,686+4.3%
Median household income$121,583$142,738+17.4%
Median home value$377,900$378,900+0.3%

How Wadsworth Compares

Economy & Housing

Household Income Distribution

Under $25K 10.2%
$25K-$50K 11.3%
$50K-$100K 19.1%
$100K+ 59.5%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
2.5%
$15K-$20K
2.5%
$20K-$25K
1.2%
$25K-$30K
0.5%
$30K-$35K
1.3%
$35K-$40K
0.0%
$40K-$45K
9.4%
$45K-$50K
0.0%
$50K-$60K
5.0%
$60K-$75K
3.1%
$75K-$100K
10.9%
$100K-$125K
5.4%
$125K-$150K
5.6%
$150K-$200K
24.0%
$200K+
24.5%

Employment

13.3% Unemployment Rate State: 5.8%|National: 5.2%
59.3% Labor Force Participation

Housing Overview

Owner 92.6%
Renter 7.4%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $994/mo 8.4% of median household income annually

People & Demographics

Diversity Index

45out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Wadsworth Rankings in Illinois

#398 Population of 1,445
#66 Median Income of 1,374
#133 Education of 1,444
#89 Home Value of 1,372

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome 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 Wadsworth

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Smithton3,680$135,455$256,30040.6%3.4%
Germantown Hills3,436$147,341$264,90056.9%5.4%
Hainesville3,524$129,911$210,50035.1%16.1%
Deer Park3,711$174,458$661,30072.4%1.3%
St. Joseph3,778$120,789$270,90035.3%4.1%

Population Overview

Wadsworth is a small community located in Illinois, within Lake County. The total population is 3,686. It ranks as the 398th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Wadsworth is 38.5 years. This is 1% lower than the state median of 39.0 years. 13.6% 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 Wadsworth is $142,738. This is 71% higher than the state median of $83,390. It is also 77% higher than the national median of $80,734. The poverty rate stands at 8.5%. This is 28% lower than the state poverty rate of 11.8%. The unemployment rate is 13.3%. This is 128% higher than the state rate of 5.8%. The median home value is $378,900. Housing costs are 44% higher than the state median of $263,300. With a home-value-to-income ratio of just 2.7x, Wadsworth is one of the most affordable housing markets in the area. 92.6% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Wadsworth is White (non-Hispanic), making up 71.8% of the population. Hispanic or Latino residents account for 18.0%. The Black or African American population (3.2%) is well below the state average of 13.3%. The Asian population (0.8%) is well below the state average of 5.9%.

Education

47.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Wadsworth in the top 10% of all cities in the state for educational attainment. This is 25% higher 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 90.6%. Notably, 20.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Wadsworth, 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 Wadsworth, Illinois?

Wadsworth, Illinois has a population of 3,686 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wadsworth, IL?

The median household income in Wadsworth is $142,738, which is 77% higher than the national median of $80,734.

What is the poverty rate in Wadsworth, IL?

The poverty rate in Wadsworth is 8.5%. This means approximately 312 residents live below the federal poverty line.

What is the racial makeup of Wadsworth, Illinois?

Wadsworth's population is 71.8% White, 3.2% Black, 18.0% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Wadsworth, IL?

The median home value in Wadsworth is $378,900. The home-value-to-income ratio is 2.7x.

How educated is Wadsworth, Illinois?

47.4% of adults (25+) in Wadsworth hold a bachelor's degree or higher, and 20.5% hold a graduate or professional degree.