Wonder Lake village, Illinois Demographics & Population 2026

Population Overview

Wonder Lake village is a small community located in Illinois. The total population is 4,141. It ranks as the 373rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Wonder Lake village is 33.8 years. This is 13% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Wonder Lake village is $102,829. This is 26% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 31% higher. The poverty rate stands at 4.5%. This is 62% 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 6.0%. This is 4% higher than the state rate of 5.8%. The median home value is $242,300. Housing costs are 3% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.4x, Wonder Lake village is one of the most affordable housing markets in the area. 97.1% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Wonder Lake village is White (non-Hispanic), making up 68.6% of the population. Hispanic or Latino residents account for 25.8%. The Asian population (1.8%) is well below the state average of 5.8%.

Education

23.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% 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 94.9%.

Data Sources & Methodology

All demographic data for Wonder Lake village, 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.