Everything You Should Know Before Moving to Island Lake, IL
Considering Island Lake, IL for your next move? This friendly village of 8,111 offers affordable living with a median home price around $242,000 and rents near $1,340. Residents enjoy a peaceful atmosphere with low violent crime (62 per 100K), excellent local schools, and beautiful lakefront scenery. Commute times average 31 minutes, and the community boasts strong owner-occupancy and family-friendly amenities—making Island Lake a great blend of value, safety, and small-town charm.
Demographics - Island Lake, IL
Demographics - Island Lake, IL
Island Lake is a welcoming community of 8,111 residents with a median age of 38.7, offering a balanced gender ratio and predominantly White population, while also embracing diversity with 13.5% non-English speakers. The area’s moderate population density provides a comfortable small-town feel ideal for families and newcomers alike.
Population:
8,111
Density:
2,800 per sq mi
Median Age:
38.7
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
13.5%

Ethnic Composition
White:
84.5%
Black:
2.0%
Asian:
2.5%
Others:
11.0%
Cost Of Living
What is the average cost of living in Island Lake, IL?
Island Lake offers an affordable cost of living, with a median home value of $242,000 and average rents around $1,340. Residents benefit from living costs slightly below the national average, especially in housing, while utilities and essentials remain competitively priced.
Median House Value:
$242,000
Gross Rent:
$1,340
Monthly Electricity Charges:
$110
Auto Insurance:
$1,180
House Owner Cost With Mortgage:
$1,670
House Owner Cost Without Mortgage:
$540
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
98.5
Grocery:
97.0
Housing:
91.5
Utilities:
103.3
Transportation:
96.2
Health Care:
99.0
Miscellaneous:
97.5
Crime
Is Island Lake, IL a safe place to live?
Island Lake boasts a notably low violent crime rate of just 62 per 100,000 residents, making it a safe choice for families and individuals. Property crime remains modest, offering peace of mind and a secure, community-oriented atmosphere.
Violent Crimes Per 100k:
62
Property Crimes Per 100k:
515
Crime Index:
577
Chance Of Violent Crime:
1 in 1,613
Chance Of Property Crime:
1 in 194
Weather
What is the weather like in Island Lake, IL year-round?
Residents experience all four seasons, with warm summers reaching up to 83°F and cold winters dropping to 15°F. The area receives about 36 inches of rainfall annually and enjoys sunshine 54% of the year, making it ideal for outdoor activities.

Winter
Min:
15°F
Max:
33°F

Spring
Min:
37°F
Max:
63°F

Summer
Min:
62°F
Max:
83°F

Fall
Min:
41°F
Max:
66°F
Average Rainfall Inches:
36 inches
Sunny Days Percentage:
54%
Neighbors
Island Lake features strong household incomes, with a median family income near $97,900 and a low poverty rate of 5.2%. The community values education, high school graduation rates above 93%, and enjoys a manageable average commute of just over 31 minutes.
Median Income:
$44,500
Household Income:
$89,700
Family Income:
$97,900
Per Capita Income:
$36,150
Income Male:
$53,000
Income Female:
$41,500
Poverty Rate:
5.2%
Non English Speakers:
13.5%
Rent:
$1,340
Unemployment Rate:
4.1%
Public Transport Usage:
2.3%
Commute Time:
31.2 minutes

Education
High School or Higher:
93.1%
Bachelors or More:
28.8%
Education
How are the schools in Island Lake, IL?
Island Lake offers quality educational options, including well-rated public schools with low student-teacher ratios and access to both private schools and nearby colleges. The community is committed to academic success, making it an excellent choice for families with children.

Public Schools
Name:
Cotton Creek School
Street:
545 Newport Ct
Phone:
847-526-4700
Students:
560
Student Teacher Ratio:
14.1
Name:
Matthews Middle School
Street:
3500 Darrell Rd
Phone:
847-526-6210
Students:
570
Student Teacher Ratio:
13.5

Private Schools
Name:
St. John School
Street:
2304 W. Church St
Phone:
847-526-2624
Students:
120

Colleges
Name:
McHenry County College
City:
Crystal Lake
State:
IL
Distance:
11 miles
Students:
7,900
Name:
College of Lake County
City:
Grayslake
State:
IL
Distance:
17 miles
Students:
13,000
Healthcare
Island Lake residents have convenient access to major hospitals and general medical facilities nearby, with a healthy ratio of 2.3 physicians per 1,000 people. Over 92% of residents have health insurance coverage, ensuring reliable healthcare options close to home.

Major Hospitals
Name:
Advocate Good Shepherd Hospital
Address:
450 IL-22, Barrington, IL 60010
Phone:
(847) 381-9600
Type:
General & Surgical
Emergency Services:
Yes
Name:
Northwestern Medicine McHenry Hospital
Address:
4201 Medical Center Dr, McHenry, IL 60050
Phone:
(815) 344-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
92.1%
Health Care Index:
73.1
Housing Market
What is the housing market like in Island Lake, IL?
The local housing market is stable and affordable, with a median home price of $242,000 and the majority of homes owner-occupied. Home values have appreciated by 5.2% in the past year, reflecting steady demand and a healthy investment climate.
Median Home Price:
$242,000
Average Rent For 2 Bedroom:
$1,340
Owner Occupied Rate:
83.6%
Rental Vacancy Rate:
4.9%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
0.8%
Foreclosure Rate:
0.6%
DMV Information
Residents handle licensing and vehicle registration through the Illinois Secretary of State Driver Services Facility, located in Willowbrook and accessible via phone or online. The process is streamlined and convenient for new arrivals and long-term residents alike.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
8417 Wicker Ave, Willowbrook, IL 60527
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.