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Market insights · Illinois

Lake County, IL: growth, migration and housing

Lake County has 719,339 residents, up 0.8% since 2020 (+0.1% in the last year). In 2022–2023, 14,956 households moved in and 18,002 moved out (-3,046 net), while a net $144.5M of income left. Median household income is $110,416, the median home $345,700 and median rent $1,477 a month.

Population (2025)719,339
5-year growth+0.8%
1-year growth+0.1%
Net households moving in-3,046
Per 1,000 residents-4.2
Net income moving in-$144.5M
Median household income$110,416
Median home value$345,700
Median rent$1,477/mo
Rent as share of income16%

In Illinois: 9th of 102 counties for 5-year population growth · 89th of 102 counties for net in-migration (per resident) · 3rd of 102 counties for median household income · 2nd of 102 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Lake County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Cook County, IL6,447$1227.1M
McHenry County, IL944$85.4M
DuPage County, IL523$48.7M
Kenosha County, WI496$32.1M
Kane County, IL233$17.9M
Milwaukee County, WI180$15.5M
San Diego County, CA157$12.0M
Los Angeles County, CA151$13.2M

Where leavers went

Top counties by households leaving Lake County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Cook County, IL4,959$620.8M
McHenry County, IL1,276$106.8M
Kenosha County, WI984$59.7M
DuPage County, IL397$42.2M
Milwaukee County, WI319$16.4M
Maricopa County, AZ313$47.5M
Kane County, IL270$26.6M
Racine County, WI215$23.5M

BizyFi in Lake County

5 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Illinois companies.

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.