Is Lake Villa, IL a Good Place to Live?
Lake Villa is a small town of 8,701 in Illinois, with a median household income of $126,711 and a 6.7% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.
Strengths: Lake Villa stands out for lower-than-average crime, solid school ratings (A), a well-educated population.
Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Lake Villa is right for you depends on your priorities — the full breakdown is below.
All Lake Villa 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: 102.6Lake Villa's overall cost of living index is 102.6, where 100 represents the US national average. Living in Lake Villa costs roughly 3% more than the average American city.
| Metric | Lake Villa, IL | National Avg |
|---|---|---|
| Median Home Value | $309,400 | $244,900 |
| Median Monthly Rent | $1,275 | $1,163 |
| Homeownership Rate | 72.0% | 65.9% |
| Median Household Income | $126,711 | $74,755 |
Crime & Safety
Very SafeLake Villa's violent crime rate is 116.4 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Lake Villa is served primarily by Lake Villa CCSD 41. The student-to-teacher ratio is 13.3:1 (better than the national average of ~16:1).
| Metric | Lake Villa, IL | National Avg |
|---|---|---|
| School District | Lake Villa CCSD 41 | — |
| Elementary Schools | 3 | — |
| Middle Schools | 1 | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | 13.3:1 | 16:1 |
| Bachelor's Degree or Higher | 46.4% | 35.4% |
| High School Diploma or Higher | 95.4% | 91.1% |
Weather & Climate
Lake Villa sees average highs of 29.9°F in January and 82.3°F in July, with 38.2 inches of annual precipitation and 43.4 inches of snow per year.
| Metric | Lake Villa, IL |
|---|---|
| Average High — January | 29.9°F |
| Average High — July | 82.3°F |
| Annual Precipitation | 38.2" |
| Annual Snowfall | 43.4" |
Demographics
| Metric | Lake Villa, IL | National Avg |
|---|---|---|
| Population | 8,701 | — |
| Median Age | 40.9 | 38.9 |
| Unemployment Rate | 6.7% | 3.7% |
| Avg Commute Time | 33.6 min | 26 min |
| White (non-Hispanic) | 72.9% | 59.3% |
| Black or African American | 6.1% | 13.6% |
| Hispanic or Latino | 8.6% | 18.9% |
| Asian | 8.0% | 6.3% |
| Under 18 | 25.5% | 22.2% |
| 65 and over | 11.6% | 16.8% |
Nearby Cities
ZIP Codes in Lake Villa
Lake Villa, IL is covered by 1 ZIP code: