Median Income
$57,930
household / year
Median Home Value
$199,500
owner-occupied
Median Rent
$1,462
gross / month
Cost of Living
103
national avg = 100

Is Channel Lake, IL a Good Place to Live?

Channel Lake is a small town of 1,784 in Illinois, with a median household income of $57,930 and a 1.3% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Channel Lake stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes. Whether Channel Lake is right for you depends on your priorities — the full breakdown is below.

All Channel Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Channel Lake's overall cost of living index is 102.6, where 100 represents the US national average. Living in Channel Lake costs roughly 3% more than the average American city.

Metric Channel Lake, IL National Avg
Median Home Value $199,500 $244,900
Median Monthly Rent $1,462 $1,163
Homeownership Rate 77.3% 65.9%
Median Household Income $57,930 $74,755

Crime & Safety

Very Safe

Channel Lake's violent crime rate is 116.6 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.

Violent Crime
116.6 /100k
Property Crime
769.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Channel Lake, IL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 19.3% 35.4%
High School Diploma or Higher 93.9% 91.1%

Weather & Climate

Channel Lake sees average highs of 29.8°F in January and 82.2°F in July, with 40.2 inches of annual precipitation and 43.4 inches of snow per year.

MetricChannel Lake, IL
Average High — January29.8°F
Average High — July82.2°F
Annual Precipitation40.2"
Annual Snowfall43.4"

Demographics

MetricChannel Lake, ILNational Avg
Population1,784—
Median Age33.938.9
Unemployment Rate1.3%3.7%
Avg Commute Time34.6 min26 min
White (non-Hispanic)92.8%59.3%
Black or African American1.0%13.6%
Hispanic or Latino2.8%18.9%
Asian0.0%6.3%
Under 1825.6%22.2%
65 and over16.2%16.8%

Nearby Cities

Channel Lake vs Other Cities

Frequently Asked Questions

Channel Lake's cost of living index is 103, where 100 is the national average. That puts Channel Lake roughly 3% above the national average in cost. The median home price is $199,500 and median rent is $1,462/month.
Channel Lake's violent crime rate is 116.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 769.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Channel Lake, IL has a population of 1,784, a median household income of $57,930, and an unemployment rate of 1.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Channel Lake averages 29.8°F in January and 82.2°F in July. Annual rainfall is 40.2 inches with about 43.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Channel Lake, Illinois is 1,784 with a median age of 33.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Channel Lake: cost of living index 103 (100 = US average), median home $199,500, median household income $57,930, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Channel Lake side by side with your current city to see the trade-offs.