Island Lake is a somewhat small village located in the state of Illinois. With a population of 8,066 people and two associated neighborhoods, Island Lake is the 259th largest community in Illinois.

Also of interest is that Island Lake has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 14.97% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Island Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Island Lake really has some of the features that families look for when choosing a good community to raise children. Is Island Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

In Island Lake, however, the average commute to work is quite long. On average, people spend 32.32 minutes each day getting to work, which is significantly higher than the national average.

The education level of Island Lake citizens is substantially higher than the typical US community, as 30.41% of adults in Island Lake have at least a bachelor's degree.

The per capita income in Island Lake in 2022 was $41,302, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $165,208 for a family of four.

Island Lake is a very ethnically-diverse village. The people who call Island Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Island Lake residents report their race to be White, followed by Asian. Island Lake also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.12% of the village’s residents. Important ancestries of people in Island Lake include German, Irish, Italian, Polish, and English.

The most common language spoken in Island Lake is English. Other important languages spoken here include Spanish and Italian.