Lake Villa, IL
8,683Residents
$118,750Median household income
$1,533/moMedian gross rent
$351,700Median home value
40.4Median age
56%Adults with a bachelor’s degree or higher
74%Homes lived in by their owners
3.0×Home value to household income
Median rent takes about 15% of the median household income in Lake Villa.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $61,000 a year. In Illinois that leaves roughly $4,015 a month after tax. See the full paycheck breakdown for $60,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.