Illinois / County

Moving to Lake Lancelot, IL

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Everything You Should Know Before Moving to Lake Lancelot, IL

Considering a move to Lake Lancelot, IL? This welcoming community of 1,200 residents offers a blend of suburban charm and convenience, with median home prices around $205,000 and average rents near $1,025. Commute times average 28 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (55% annually), ideal for families and commuters alike. Explore Lake Lancelot's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lake Lancelot, IL

Lake Lancelot has a population of 1,200 residents, offering a diverse community with a median age of nearly 47 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 2% Black, and 1% Asian residents, and over 4% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,200
Density
400 per sq mi
Median Age
47.2
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
4.2%

Ethnic Composition

White
94.3%
Black
1.5%
Asian
0.7%
Others
3.5%

Cost Of Living

What is the average cost of living in Lake Lancelot, IL?

The cost of living in Lake Lancelot is higher than the national average, with a cost of living index of 92.6. Median home values are around $205,000 and average rents for a two-bedroom apartment are approximately $1,025. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$205,000
Gross Rent
$1,025
Monthly Electricity Charges
$110
Auto Insurance
$1,270
House Owner Cost With Mortgage
$1,320
House Owner Cost Without Mortgage
$525
State Taxes
Low: 4.95%| High: 4.95%
Cost Of Living Index
92.6
Grocery
95.1
Housing
84.7
Utilities
96.2
Transportation
88.3
Health Care
97.4
Miscellaneous
98.0

Crime

Is Lake Lancelot, IL a safe place to live?

Lake Lancelot is considered a safe community, with a low violent crime rate of 72 incidents per 100,000 residents and a property crime chance of 1 in 122. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Illinois.

Violent Crimes Per 100k
72
Property Crimes Per 100k
980
Crime Index
1,052
Chance Of Violent Crime
1 in 1,389
Chance Of Property Crime
1 in 122

Weather

What is the weather like in Lake Lancelot, IL year-round?

Lake Lancelot experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 17°F. The area receives about 38 inches of rainfall annually and enjoys sunshine on 55% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
17°F
Max
33°F

Summer

Min
59°F
Max
84°F

Spring

Min
37°F
Max
63°F

Fall

Min
39°F
Max
65°F
Average Rainfall Inches
37.5 inches
Sunny Days Percentage
55%

Neighbors

The neighborhood boasts a healthy median household income of $81,200 and a low poverty rate of 7.8%. Over 91% of residents have at least a high school diploma, and nearly 24% hold a bachelor's degree or higher. Commute times average 28 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,000
Household Income
$81,200
Family Income
$89,500
Per Capita Income
$36,500
Income Male
$44,000
Income Female
$37,000
Poverty Rate
7.8%
Non English Speakers
4.2%
Rent
$1,025
Unemployment Rate
4.0%
Public Transport Usage
0.8%
Commute Time
28.4 minutes

Education

High School or Higher
91.3%
Bachelors or More
23.6%

Education

How are the schools in Lake Lancelot, IL?

Lake Lancelot offers quality education options, with public schools like Tiskilwa Elementary School and Bureau Valley High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Illinois Valley Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Tiskilwa Elementary School
Street
304 S High St
Phone
815-646-4511
Students
200
Student Teacher Ratio
13.5
Name
Bureau Valley High School
Street
9154 County Road 2125 N
Phone
815-445-4004
Students
320
Student Teacher Ratio
14.2

Private Schools

Name
Princeton Christian Academy
Street
21890 US-34, Princeton, IL 61356
Phone
815-875-2933
Students
70

Colleges

Name
Illinois Valley Community College
City
Oglesby
State
IL
Distance
23 miles
Students
2,500

Healthcare

Lake Lancelot residents have access to quality healthcare, with major hospitals like OSF Saint Clare Medical Center and Perry Memorial Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.7 per 1,000 people and 91.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
OSF Saint Clare Medical Center
Address
530 Park Ave E, Princeton, IL 61356
Phone
(815) 875-2811
Type
General & Surgical
Emergency Services
Yes
Name
Perry Memorial Hospital
Address
530 Park Ave E, Princeton, IL 61356
Phone
(815) 875-2811
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.7
Health Insurance Coverage
91.5%
Health Care Index
68.4

Housing Market

What is the housing market like in Lake Lancelot, IL?

The local housing market is strong, with a median home price of $205,000 and an owner-occupied rate of nearly 82%. The market has seen a 5.2% appreciation over the past year, and rental vacancy rates remain moderate at 6.5%. Lake Lancelot offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$205,000
Average Rent For 2 Bedroom
$1,025
Owner Occupied Rate
81.6%
Rental Vacancy Rate
6.5%
Home Appreciation Rate (1yr)
5.2%
New Construction Rate
1.1%
Foreclosure Rate
0.7%

DMV Information

Residents of Lake Lancelot handle vehicle services through the Illinois Secretary of State Driver Services Facility, conveniently located in Peoria. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Illinois
Department
Illinois Secretary of State Driver Services Facility
Address
201 S. Joyce Road, Peoria, IL 61604
Phone
1-800-252-8980

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.

FAQs About Moving to Lake Lancelot, IL

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lake Lancelot, review the core fields on this page: population 1,200, median home value $205,000, average rent for 2 bedroom $1,025, commute time 28.4 minutes, and sunny days percentage 55%.

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