Everything You Should Know Before Moving to Lakeview, IL
Considering a move to Lakeview, IL? With a vibrant population of 97,000 and a strong rental market (average 2-bedroom rent at $2,150), Lakeview offers lively urban living, great public transit, and excellent education options (over 72% hold bachelor’s degrees). Median home prices average $435,000, and the cost of living is higher than national averages, but residents enjoy convenient commutes, major hospitals nearby, and plenty of sunny days. While property crime is above average, Lakeview’s walkability, amenities, and city vibe make it a top choice for young professionals and families alike.
Demographics - Lakeview, IL
Demographics - Lakeview, IL
Lakeview is a densely populated urban neighborhood with about 97,000 residents and a median age of 33.2, reflecting a youthful and vibrant community. The area is predominantly White, but also home to a diverse mix, with 12.5% non-English speakers adding cultural variety. The nearly equal gender ratio and mix of backgrounds create an inclusive atmosphere attractive to newcomers.
Population:
97,000
Density:
24,500 per sq mi
Median Age:
33.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
12.5%
Ethnic Composition
White:
78.5%
Black:
5.3%
Asian:
7.2%
Others:
9.0%
Cost Of Living
What is the average cost of living in Lakeview, IL?
Lakeview's cost of living is notably higher than the national average, with a median home value of $435,000 and average rent for a two-bedroom apartment at $2,150. Utilities and healthcare costs are relatively moderate, but housing and transportation costs contribute to the elevated cost of living index of 131. The area appeals to those seeking urban amenities, though budgeting is important for affordability.
Median House Value:
$435,000
Gross Rent:
$2,150
Monthly Electricity Charges:
$95
Auto Insurance:
$1,480
House Owner Cost With Mortgage:
$2,340
House Owner Cost Without Mortgage:
$850
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
131.0
Grocery:
114.9
Housing:
144.1
Utilities:
97.8
Transportation:
116.2
Health Care:
106.3
Miscellaneous:
110.5
Crime
Is Lakeview, IL a safe place to live?
Lakeview experiences a higher-than-average property crime rate, with residents facing a 1 in 31 chance of being affected, while violent crime remains less common at a rate of 380 incidents per 100,000 people. Safety varies by neighborhood, so new residents may wish to consider local crime trends when choosing a home. Many are drawn to Lakeview for its active community despite these considerations.
Violent Crimes Per 100k:
380
Property Crimes Per 100k:
3,250
Crime Index:
3,630
Chance Of Violent Crime:
1 in 263
Chance Of Property Crime:
1 in 31
Weather
What is the weather like in Lakeview, IL year-round?
Lakeview enjoys four distinct seasons, with warm summers reaching highs in the low 80s and cold winters dipping into the teens. The area receives about 37 inches of rainfall annually and sees sunshine on more than half the days each year. This climate offers a balance of seasonal activities, from summer festivals to winter sports.
Winter
Min:
18°F
Max:
33°F
Spring
Min:
38°F
Max:
63°F
Summer
Min:
65°F
Max:
83°F
Fall
Min:
45°F
Max:
67°F
Average Rainfall Inches:
36.9 inches
Sunny Days Percentage:
54%
Neighbors
Lakeview boasts a well-educated, professional population with a median household income of nearly $98,000 and a poverty rate below 10%. The community is highly educated, with over 72% holding at least a bachelor’s degree, and almost 29% of residents use public transit for their commute. The neighborhood's diversity and strong employment rates make it inviting for young professionals and families.
Median Income:
$54,000
Household Income:
$97,800
Family Income:
$119,200
Per Capita Income:
$67,100
Income Male:
$71,000
Income Female:
$61,000
Poverty Rate:
8.1%
Non English Speakers:
12.5%
Rent:
$2,150
Unemployment Rate:
4.2%
Public Transport Usage:
28.7%
Commute Time:
32.4 minutes
Education
High School or Higher:
96.8%
Bachelors or More:
72.5%
Education
How are the schools in Lakeview, IL?
Lakeview offers quality educational opportunities, with reputable public schools like Nettelhorst Elementary and Lake View High School, as well as private options and proximity to major colleges including DePaul University. Class sizes are moderate, and the community’s high educational attainment reflects the strong emphasis on learning. Access to higher education within a short distance further enhances the neighborhood’s appeal.
Public Schools
Name:
Nettelhorst Elementary School
Street:
3252 N Broadway St
Phone:
773-534-5810
Students:
800
Student Teacher Ratio:
18.4
Name:
Lake View High School
Street:
4015 N Ashland Ave
Phone:
773-534-5440
Students:
1,350
Student Teacher Ratio:
17.1
Private Schools
Name:
Our Lady of Mount Carmel Academy
Street:
720 W Belmont Ave
Phone:
773-525-8779
Students:
310
Colleges
Name:
DePaul University (Lincoln Park Campus)
City:
Chicago
State:
IL
Distance:
1.5 miles
Students:
22,000
Name:
City Colleges of Chicago - Truman College
City:
Chicago
State:
IL
Distance:
2.2 miles
Students:
9,000
Healthcare
Residents of Lakeview benefit from excellent access to healthcare, with two major hospitals—Advocate Illinois Masonic Medical Center and Presence Saint Joseph Hospital—located nearby. There are about 3.5 physicians per 1,000 residents, and over 92% of locals have health insurance coverage. The area’s healthcare infrastructure ensures comprehensive medical support for individuals and families.
Major Hospitals
Name:
Advocate Illinois Masonic Medical Center
Address:
836 W Wellington Ave, Chicago, IL 60657
Phone:
(773) 975-1600
Type:
General & Surgical
Emergency Services:
Yes
Name:
Presence Saint Joseph Hospital
Address:
2900 N Lake Shore Dr, Chicago, IL 60657
Phone:
(773) 665-3000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.5
Health Insurance Coverage:
92.6%
Health Care Index:
78.2
Housing Market
What is the housing market like in Lakeview, IL?
Lakeview’s housing market is competitive, with a median home price of $435,000 and 37.5% of homes owner-occupied, reflecting a strong rental market. The area sees steady appreciation, with home values rising by over 5% in the past year. Rental vacancy rates are moderate, making it attractive for both renters and buyers looking for urban living.
Median Home Price:
$435,000
Average Rent For 2 Bedroom:
$2,150
Owner Occupied Rate:
37.5%
Rental Vacancy Rate:
8.2%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
2.1%
Foreclosure Rate:
0.4%
DMV Information
Lakeview residents access DMV services through the Illinois Secretary of State Driver Services Facility located on N Elston Avenue in Chicago. This office provides licensing, vehicle registration, and other essential services, with details available on the official Illinois DMV website. The location is convenient for Lakeview’s urban population.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
5401 N Elston Ave, Chicago, IL 60630
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.