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Island Lake Village, Illinois Housing Analysis

   (County: Mchenry County)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Island Lake Village, Illinois, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type
(Island Lake Village, Illinois)

Family households:

Married-couple family : 1,782

Other family:

Male householder, no wife present : 112

Female householder, no husband present : 223

Nonfamily households:

Householder living alone : 620

Householder not living alone : 156


(updated 2009)



Unmarried-Partner Households By Sex Of Partner
(Island Lake Village, Illinois)

Unmarried-partner households:

Male householder and male partner : 16

Male householder and female partner : 75

Female householder and female partner : 7

Female householder and male partner : 95

All other households : 2,700


(updated 2009)



Household Type By Tenure
(Island Lake Village, Illinois)

Family households:

Married-couple family:

Owner-occupied housing units : 1,621

Renter-occupied housing units : 161

Other family:

Male householder, no wife present:

Owner-occupied housing units : 112

Renter-occupied housing units : 0

Female householder, no husband present:

Owner-occupied housing units : 164

Renter-occupied housing units : 59

Nonfamily households:

Owner-occupied housing units : 625

Renter-occupied housing units : 151


(updated 2009)



Household Income (Annual)
(Island Lake Village, Illinois)

Less than $10,000 : 35

$10,000 to $14,999 : 80

$15,000 to $19,999 : 32

$20,000 to $24,999 : 145

$25,000 to $29,999 : 59

$30,000 to $34,999 : 127

$35,000 to $39,999 : 120

$40,000 to $44,999 : 134

$45,000 to $49,999 : 155

$50,000 to $59,999 : 266

$60,000 to $74,999 : 331

$75,000 to $99,999 : 717

$100,000 to $124,999 : 416

$125,000 to $149,999 : 164

$150,000 to $199,999 : 56

$200,000 or more : 56


(updated 2009)



Housing Units
(Island Lake Village, Illinois)

Total : 3,005


(updated 2009)



Occupancy Status
(Island Lake Village, Illinois)

Occupied : 2,893

Vacant : 112


(updated 2009)



Median Number Of Rooms
(Island Lake Village, Illinois)

Median number of rooms : 6


(updated 2009)



Year Structure Built
(Island Lake Village, Illinois)

Built 2005 or later : 38

Built 2000 to 2004 : 143

Built 1990 to 1999 : 1,310

Built 1980 to 1989 : 679

Built 1970 to 1979 : 313

Built 1960 to 1969 : 77

Built 1950 to 1959 : 231

Built 1940 to 1949 : 117

Built 1939 or earlier : 97


(updated 2009)



House Heating Fuel
(Island Lake Village, Illinois)

Utility gas : 2,726

Bottled, tank, or LP gas : 28

Electricity : 139

Fuel oil, kerosene, etc. : 0

Coal or coke : 0

Wood : 0

Solar energy : 0

Other fuel : 0

No fuel used : 0


(updated 2009)



House Value
(Island Lake Village, Illinois)

Less than $10,000 : 0

$10,000 to $14,999 : 0

$15,000 to $19,999 : 0

$20,000 to $24,999 : 0

$25,000 to $29,999 : 0

$30,000 to $34,999 : 0

$35,000 to $39,999 : 0

$40,000 to $49,999 : 0

$50,000 to $59,999 : 0

$60,000 to $69,999 : 0

$70,000 to $79,999 : 0

$80,000 to $89,999 : 0

$90,000 to $99,999 : 0

$100,000 to $124,999 : 34

$125,000 to $149,999 : 163

$150,000 to $174,999 : 479

$175,000 to $199,999 : 356

$200,000 to $249,999 : 923

$250,000 to $299,999 : 263

$300,000 to $399,999 : 202

$400,000 to $499,999 : 56

$500,000 to $749,999 : 46

$750,000 to $999,999 : 0

$1,000,000 or more : 0


(updated 2009)



Mortgage Status
(Island Lake Village, Illinois)

Housing units with a mortgage, contract to purchase, or similar debt:

With either a second mortgage or home equity loan, but not both:

Second mortgage only : 138

Home equity loan only : 533

Both second mortgage and home equity loan : 20

No second mortgage and no home equity loan : 1,492

Housing units without a mortgage : 339


(updated 2009)



Median Value By Year Structure Built
(Island Lake Village, Illinois)

Built 2005 or later :

Built 2000 to 2004 : $239,500

Built 1990 to 1999 : $218,400

Built 1980 to 1989 : $192,300

Built 1970 to 1979 : $222,100

Built 1960 to 1969 : $362,500

Built 1950 to 1959 : $187,200

Built 1940 to 1949 : $214,000

Built 1939 or earlier : $169,000


(updated 2009)







Percentage of Family Households in Island Lake Village, Illinois: 71.4%

Percentage of Family Households in Illinois: 65.8%


(updated 2010)







Building Permits in Island Lake Village, Illinois

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 0 0 $0
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

0 0 $0
2000        
  Single Family 6 6 $1,400,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 8 40 $4,000,000
  Total

14 46 $5,400,000
2001        
  Single Family 36 36 $5,816,200
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

36 36 $5,816,200
2002        
  Single Family 17 17 $2,642,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

17 17 $2,642,000
2003        
  Single Family 9 9 $1,200,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

9 9 $1,200,000
2004        
  Single Family 7 7 $2,245,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

7 7 $2,245,000
2005        
  Single Family 34 34 $11,550,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

34 34 $11,550,000
2006        
  Single Family 19 19 $6,740,000
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

19 19 $6,740,000


(updated 2007)



Median Household Income In 2000 (Island Lake Village, IL): $63,455
Median Household Income In 2000 (Illinois): $46,590


(updated 2010)



Median House/Condo Value in 2000 (Island Lake Village): $145,400
Median House/Condo Value in 2000 (Illinois): $127,800


(updated 2010)



Median Gross Rent in 2000 (Island Lake Village): $934
Median Gross Rent in 2000 (Illinois): $605


(updated 2010)



Most Commonly Used Heating Fuel in Island Lake Village, Illinois

Utility Gas: 95.8%
Bottled, Tank, Or Lp Gas: 0.0%
Electricity: 3.6%
Fuel Oil, Kerosene, Etc.: 0.0%
Coal Or Coke: 0.0%
Wood: 0.6%
Solar Energy: 0.0%
Other Fuel: 0.0%
No Fuel Used: 0.0%


(updated 2010)





(updated 2010)





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