Cost of Living in Lake in the Hills, IL
Population: 28,853 • 2026 Data
$113,491
Median Household Income
+47% vs national
$1,634
Median Monthly Rent
+21% vs national
$296,400
Median Home Value
-13% vs national
6.2%
Unemployment Rate
Housing in Lake in the Hills
The median home value in Lake in the Hills, IL is $296,400. Monthly rent for a typical unit averages $1,634, while total monthly housing costs (including utilities and insurance) average $1,841.
Rent-to-income ratio: 17.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lake in the Hills, IL is $113,491. The unemployment rate stands at 6.2%, with a labor force of 16,551 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.