Illinois / County

Moving to Third Lake, IL

Thinking of making a move to Third Lake, IL? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Third Lake, IL

Considering a move to Third Lake, IL? This welcoming community of 1,200 residents offers a blend of suburban charm and convenience, with median home prices around $390,000 and average rents near $1,850. Commute times average 31 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Third Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Third Lake, IL

Third Lake has a population of 1,200 residents, offering a diverse community with a median age of nearly 45 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 88% White, 3% Black, and 5% Asian residents, and over 12% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,200
Density
1,000 per sq mi
Median Age
44.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
11.5%

Ethnic Composition

White
88.0%
Black
2.5%
Asian
4.8%
Others
4.7%

Cost Of Living

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

The cost of living in Third Lake is higher than the national average, with a cost of living index of 112.4. Median home values are around $390,000 and average rents for a two-bedroom apartment are approximately $1,850. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$390,000
Gross Rent
$1,850
Monthly Electricity Charges
$145
Auto Insurance
$1,650
House Owner Cost With Mortgage
$2,450
House Owner Cost Without Mortgage
$740
State Taxes
Low: 4.95%| High: 4.95%
Cost Of Living Index
112.4
Grocery
105.8
Housing
123.6
Utilities
101.9
Transportation
103.7
Health Care
101.5
Miscellaneous
98.9

Crime

Is Third Lake, IL a safe place to live?

Third Lake is considered a safe community, with a low violent crime rate of 75 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
75
Property Crimes Per 100k
820
Crime Index
895
Chance Of Violent Crime
1 in 1,333
Chance Of Property Crime
1 in 122

Weather

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

Third Lake experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 18°F. The area receives about 38 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
34°F

Summer

Min
66°F
Max
84°F

Spring

Min
43°F
Max
64°F

Fall

Min
46°F
Max
67°F
Average Rainfall Inches
37.5 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $128,000 and a low poverty rate of 3.8%. Over 97% of residents have at least a high school diploma, and nearly 48% hold a bachelor's degree or higher. Commute times average 31 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$58,000
Household Income
$128,000
Family Income
$140,000
Per Capita Income
$52,500
Income Male
$66,000
Income Female
$51,000
Poverty Rate
3.8%
Non English Speakers
15.2%
Rent
$1,850
Unemployment Rate
4.2%
Public Transport Usage
2.6%
Commute Time
31.4 minutes

Education

High School or Higher
96.5%
Bachelors or More
47.8%

Education

How are the schools in Third Lake, IL?

Third Lake offers quality education options, with public schools like Grayslake North High School and Woodland Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including College of Lake County and Carthage College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Grayslake North High School
Street
1925 N Illinois 83
Phone
847-986-3100
Students
1,700
Student Teacher Ratio
15.4
Name
Woodland Middle School
Street
7000 Washington St
Phone
847-356-3680
Students
650
Student Teacher Ratio
14.9

Private Schools

Name
St. Gilbert School
Street
301 E Libby St
Phone
847-223-4740
Students
280

Colleges

Name
College of Lake County
City
Grayslake
State
IL
Distance
6 miles
Students
16,000
Name
Carthage College
City
Kenosha
State
WI
Distance
24 miles
Students
2,700

Healthcare

Third Lake residents have access to quality healthcare, with major hospitals like Advocate Condell Medical Center and Vista Medical Center East nearby. The community benefits from a high physician-to-resident ratio of 2.6 per 1,000 people and 93.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Advocate Condell Medical Center
Address
801 S Milwaukee Ave, Libertyville, IL 60048
Phone
(847) 362-2900
Type
General & Surgical
Emergency Services
Yes
Name
Vista Medical Center East
Address
1324 N Sheridan Rd, Waukegan, IL 60085
Phone
(847) 360-3000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.6
Health Insurance Coverage
93.0%
Health Care Index
76.8

Housing Market

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

The local housing market is strong, with a median home price of $390,000 and an owner-occupied rate of nearly 90%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 4.6%. Third Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$390,000
Average Rent For 2 Bedroom
$1,850
Owner Occupied Rate
89.5%
Rental Vacancy Rate
4.6%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
0.7%
Foreclosure Rate
0.3%

DMV Information

Residents of Third Lake handle vehicle services through the Illinois Secretary of State Driver Services, conveniently located in Springfield. 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
Address
213 State Capitol, Springfield, IL 62756
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 Third Lake, IL

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

Before moving to Third Lake, review the core fields on this page: population 1,200, median home value $390,000, average rent for 2 bedroom $1,850, commute time 31.4 minutes, and sunny days percentage 54%.

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