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Lakemoor, IL

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.



Overview

Lakemoor is a somewhat small village located in the state of Illinois. With a population of 6,451 people and just one neighborhood, Lakemoor is the 295th largest community in Illinois.

Occupations and Workforce

Lakemoor is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Lakemoor is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Lakemoor who work in management occupations (14.85%), office and administrative support (12.11%), and healthcare (8.44%).

Of important note, Lakemoor is also a village of artists. Lakemoor has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lakemoor’s character.

Also of interest is that Lakemoor 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: 12.69% 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.

Setting & Lifestyle

One downside of living in Lakemoor is that it can take a long time to commute to work. In Lakemoor, the average commute to work is 33.51 minutes, which is quite a bit higher than the national average.

Demographics

The education level of Lakemoor citizens is very high relative to the national average among all cities (21.84%): 36.48% of adults in Lakemoor have a bachelor's degree or even advanced degree.

The per capita income in Lakemoor in 2022 was $42,979, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $171,916 for a family of four.

Lakemoor is a very ethnically-diverse village. The people who call Lakemoor home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakemoor residents report their race to be White, followed by Asian. Lakemoor also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.57% of the village’s residents. Important ancestries of people in Lakemoor include German, Polish, Irish, English, and Italian.

The most common language spoken in Lakemoor is English. Other important languages spoken here include Spanish and Slavic languages.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Lakemoor, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 88.9% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.9% of U.S. neighborhoods.

People

For many reasons, is rated by NeighborhoodScout as one of the top 4.9% of ideal neighborhoods for first-time home buyers in the state of Illinois. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other IL neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the neighborhood has more Polish and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.3% of this neighborhood's residents have Polish ancestry and 33.4% have German ancestry.

is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Lakemoor are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.7% of the neighborhoods in America. In addition, 6.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.4% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 57.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 18.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 10.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 75.6% of households. Other important languages spoken here include Spanish and German/Yiddish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Lakemoor, IL, residents most commonly identify their ethnicity or ancestry as German (33.4%). There are also a number of people of English ancestry (14.5%), and residents who report Mexican roots (14.3%), and some of the residents are also of Irish ancestry (12.2%), along with some Asian ancestry residents (11.2%), among others. In addition, 14.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (37.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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Economics & Demographics include:
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Race & Ethnic Diversity
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Crime includes:
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Schools include:
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