Channel Lake, IL
2,052Residents
$68,250Median household income
$1,584/moMedian gross rent
$223,000Median home value
39.4Median age
25%Adults with a bachelor’s degree or higher
81%Homes lived in by their owners
3.3×Home value to household income
Median rent takes about 28% of the median household income in Channel Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $63,000 a year. In Illinois that leaves roughly $4,140 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.