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 1,155 residents offers a blend of suburban charm and convenience, with median home prices around $345,000 and average rents near $1,800. Commute times average 33 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (53% 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 1,155 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 87% White, 2% Black, and 6% Asian residents, and over 10% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,155
Density
1,300 per sq mi
Median Age
44.7
Gender Ratio
102 males per 100 females
Non-English Speakers Percentage
9.5%

Ethnic Composition

White
86.8%
Black
1.8%
Asian
5.7%
Others
5.7%

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 107.1. Median home values are around $345,000 and average rents for a two-bedroom apartment are approximately $1,800. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$345,000
Gross Rent
$1,800
Monthly Electricity Charges
$105
Auto Insurance
$1,180
House Owner Cost With Mortgage
$2,050
House Owner Cost Without Mortgage
$660
State Taxes
Low: 4.95%| High: 4.95%
Cost Of Living Index
107.1
Grocery
101.0
Housing
109.5
Utilities
98.5
Transportation
104.0
Health Care
96.8
Miscellaneous
99.0

Crime

Is Third Lake, IL a safe place to live?

Third Lake is considered a safe community, with a low violent crime rate of 73 incidents per 100,000 residents and a property crime chance of 1 in 150. 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
73
Property Crimes Per 100k
665
Crime Index
738
Chance Of Violent Crime
1 in 1,370
Chance Of Property Crime
1 in 150

Weather

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

Third Lake experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 17°F. The area receives about 37 inches of rainfall annually and enjoys sunshine on 53% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
17°F
Max
32°F

Summer

Min
62°F
Max
83°F

Spring

Min
38°F
Max
62°F

Fall

Min
41°F
Max
64°F
Average Rainfall Inches
36.5 inches
Sunny Days Percentage
53%

Neighbors

The neighborhood boasts a healthy median household income of $123,000 and a low poverty rate of 2.5%. Over 97% of residents have at least a high school diploma, and nearly 56% hold a bachelor's degree or higher. Commute times average 33 minutes, and almost 4% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$54,000
Household Income
$123,000
Family Income
$140,000
Per Capita Income
$51,500
Income Male
$65,000
Income Female
$49,500
Poverty Rate
2.5%
Non English Speakers
9.5%
Rent
$1,800
Unemployment Rate
3.7%
Public Transport Usage
4.2%
Commute Time
33.2 minutes

Education

High School or Higher
97.1%
Bachelors or More
56.0%

Education

How are the schools in Third Lake, IL?

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

Public Schools

Name
Woodland Elementary East School
Street
17261 W Gages Lake Rd
Phone
847-984-8700
Students
850
Student Teacher Ratio
16.5
Name
Grayslake Central High School
Street
400 N Lake St
Phone
847-986-3300
Students
1,450
Student Teacher Ratio
15.4

Private Schools

Name
St. Gilbert Catholic School
Street
231 E Belvidere Rd
Phone
847-223-8600
Students
350

Colleges

Name
College of Lake County
City
Grayslake
State
IL
Distance
4 miles
Students
13,000

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 2.5 per 1,000 people and 95.4% 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
2.5
Health Insurance Coverage
95.4%
Health Care Index
79.2

Housing Market

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

The local housing market is strong, with a median home price of $345,000 and an owner-occupied rate of nearly 98%. The market has seen a 4.7% appreciation over the past year, and rental vacancy rates remain moderate at 3.2%. Third Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$345,000
Average Rent For 2 Bedroom
$1,800
Owner Occupied Rate
97.5%
Rental Vacancy Rate
3.2%
Home Appreciation Rate (1yr)
4.7%
New Construction Rate
0.8%
Foreclosure Rate
0.3%

DMV Information

Residents of Third Lake handle vehicle services through the Illinois Secretary of State – Driver Services, conveniently located in Waukegan. 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
617 S. Green Bay Road, Waukegan, IL 60085
Phone
312-793-1010

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 1,155, median home value $345,000, average rent for 2 bedroom $1,800, commute time 33.2 minutes, and sunny days percentage 53%.

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