Lake Summerset, IL
2,364Residents
$108,355Median household income
$1,318/moMedian gross rent
$237,300Median home value
45.1Median age
31%Adults with a bachelor’s degree or higher
92%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 15% of the median household income in Lake Summerset.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $53,000 a year. In Illinois that leaves roughly $3,512 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.