Near National AverageVery SafeSpec Educ Dist Lake County/Sedol
Median Income
$104,273
household / year
Median Home Value
$276,200
owner-occupied
Median Rent
$1,743
gross / month
Cost of Living
103
national avg = 100
Is Gages Lake, IL a Good Place to Live?
Gages Lake is a small city of 10,897 in Illinois, with a median household income of $104,273
and a 8.0% unemployment rate.
Its cost of living index is 103 (US average = 100), which is
3% above the national average.
Strengths:
Gages Lake stands out for a well-educated population.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Gages Lake is right for you depends on your priorities — the full breakdown is below.
All Gages 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
Gages Lake's overall cost of living index is 102.6,
where 100 represents the US national average.
Living in Gages Lake costs roughly 3% more than the average American city.
Metric
Gages Lake, IL
National Avg
Median Home Value
$276,200
$244,900
Median Monthly Rent
$1,743
$1,163
Homeownership Rate
81.2%
65.9%
Median Household Income
$104,273
$74,755
Crime & Safety
Very Safe
Gages 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
Gages Lake is served primarily by Spec Educ Dist Lake County/Sedol.
Metric
Gages Lake, IL
National Avg
School District
Spec Educ Dist Lake County/Sedol
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
40.9%
35.4%
High School Diploma or Higher
94.2%
91.1%
Weather & Climate
Gages Lake sees average highs of 29.8°F in January
and 81.7°F in July,
with 36.4 inches of annual precipitation
and 43.4 inches of snow per year.
Gages Lake's cost of living index is 103, where 100 is the national average.
That puts Gages Lake roughly 3% above the national average in cost.
The median home price is $276,200 and median rent is $1,743/month.
Gages 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.
Public schools in Gages Lake are operated by Spec Educ Dist Lake County/Sedol.
The district has several elementary, several middle, and several high schools.
40.9% of adults 25+ hold a bachelor's degree or higher.
Gages Lake, IL has a population of 10,897, a median household income of $104,273, and an unemployment rate of 8.0%.
Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Gages Lake averages 29.8°F in January and 81.7°F in July. Annual rainfall is 36.4 inches
with about 43.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Gages Lake, Illinois is 10,897 with a median age of 39.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Gages Lake: cost of living index 103 (100 = US average), median home $276,200, median household income $104,273, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Gages Lake side by side with your current city to see the trade-offs.