Is Lake Villa Township, IL growing?
Lake Villa Township, IL had an estimated 39,760 (±71) residents in 2020–2024, against 39,948 in 2015–2019.
That is a change of −0.5%, a measurable decrease.
Its housing went from 14,747 to 14,050 homes (−4.7%), a measurable decrease.
0.7% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 39,760 (±71)
- Amount of change
- −0.5%
- Homes change
- −4.7%
- Built 2020 or later
- 0.7%
Residents and homes in Lake Villa Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 39,948 (±46) | 39,760 (±71) | −0.5% | Measurable decrease |
| Housing units | 14,747 (±271) | 14,050 (±546) | −4.7% | Measurable decrease |
| Households that rent | 17.3% (±1.9 points) | 15.0% (±2.0 points) | −2.3 percentage points | Not a measurable change |
| Median gross rent | $1,302 (±$87) | $1,666 (±$93) | +28.0% | No measurable change after inflation |
| Median home value | $208,300 (±$4,315) | $288,700 (±$7,729) | +38.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Lake Villa Township against Lake County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lake Villa Township | −0.5% | Measurable decrease | −4.7% |
| Lake County | +1.8% | Measurable increase | +2.5% |
| Illinois | −0.6% | Measurable decrease | +1.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lake Villa Township
| Year built | Lake Villa Township | Lake County | Illinois | United States |
|---|---|---|---|---|
| 2020 or later | 0.7% (±0.4 points) | 0.6% | 0.7% | 2.0% |
| 2010 to 2019 | 2.5% (±0.9 points) | 4.9% | 5.0% | 9.4% |
| 2000 to 2009 | 19.8% (±2.1 points) | 14.9% | 11.2% | 13.6% |
3.2% of the homes in Lake Villa Township were built in 2010 or later.
The median age of residents is 37.5 years.
Growth in places near Lake Villa Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lake Villa Township | — | 39,760 | −0.5% | Measurable decrease |
| Venetian Village | 1.0 mi | 2,334 | −20.4% | Not a measurable change |
| Lake Villa | 1.1 mi | 8,683 | −0.3% | Not a measurable change |
| Lindenhurst | 1.9 mi | 14,417 | 0.0% | Not a measurable change |
| Round Lake Beach | 2.3 mi | 27,079 | −1.6% | Measurable decrease |
| Round Lake Heights | 2.9 mi | 2,592 | −18.5% | Not a measurable change |
| Fox Lake Hills | 3.2 mi | 2,399 | +8.8% | Not a measurable change |
| Avon Township | 3.8 mi | 63,428 | −1.3% | Measurable decrease |
| Grandwood Park | 4.0 mi | 5,262 | +1.8% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Villa Township
Is Lake Villa Township growing?
Lake Villa Township, IL had an estimated 39,760 residents in 2020–2024 and 39,948 in 2015–2019, a change of −0.5%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Lake Villa Township?
The estimated number of housing units went from 14,747 in 2015–2019 to 14,050 in 2020–2024 (−4.7%), a measurable decrease.
How much new construction is there in Lake Villa Township?
0.7% of homes in Lake Villa Township were built in 2020 or later and 2.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Villa township, Lake County, Illinois (county subdivision:41599, in state:17 county:097).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Villa Township at a glance
- Median rent in Lake Villa Township
- Rent by bedrooms in Lake Villa Township
- Rent burden in Lake Villa Township
- Renters and owners in Lake Villa Township
- Income and affordability in Lake Villa Township
- Home values in Lake Villa Township
- Homeowner costs in Lake Villa Township
- Property taxes in Lake Villa Township
- Types of homes in Lake Villa Township
- Bedrooms in Lake Villa Township
- Age of homes in Lake Villa Township
- Vacancy rate in Lake Villa Township
- Heating fuel in Lake Villa Township
- Commute and cars in Lake Villa Township
- How long people stay in Lake Villa Township
- Crowding and facilities in Lake Villa Township
- Fair Market Rent in Lake Villa Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois