City profile · Illinois · Census ACS 2023

Third Lake, IL

Population, income, housing, safety, climate and schools for Third Lake - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

1,203
Residents
$150,893
Median income
$329,500
Median home
$1,781
Median rent (state)

Third Lake - the verdict

Out of every US city with 1,000+ residents, Third Lake places in the 94th percentile for household income. Source: Census ACS.

94th
percentile, household income
69th
percentile, home value
72nd
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Third Lake, IL

1,203 people live in Third Lake, Illinois - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $150,893 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 0.0%. Typical homes in Third Lake are valued around $329,500, and the median resident age is 50.1 years. Educational attainment runs 70.9% of adults with a bachelor's degree or higher. Separately, 59.7% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 0 residential units authorized here in 2024 (No Permits), down 100% from five years earlier.

Illinois tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Illinois at 100.0 on a 100-equals-national-average scale (Near Average). A typical two-bedroom carries a HUD Fair Market Rent of $1,781 per month statewide. Statewide, average monthly utility bills in Illinois run around $240, per EIA 2023 residential energy data. Natural-hazard exposure scores 96.0 out of 100 on FEMA's National Risk Index (Very High).

Population

1,203 residents

Census ACS 2023 - Illinois

Median Household Income

$150,893 /yr

Poverty 0.0%

Cost of Living Index (state)

100.0 (US=100)

Near Average - BEA RPP 2024, Illinois average

How does Third Lake compare to other US cities?

Third Lake measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 94% higher than other cities
Home value 69% pricier than other cities
Median rent 72% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Third Lake against every qualifying US city; each in-state rank narrows that to Illinois only. Full formula and direction notes: methodology.

Illinois-relative analysis

Poverty Rate places Third Lake near the bottom of Illinois's cities

Among the 1,335 Illinois cities PlainCities tracks with reported poverty rate data, Third Lake ranks #1,245 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Third Lake only against its own state's cities, not the full US field.

Median Household Income
#47 of 1,311
96th percentile in Illinois
Median Gross Rent
#17 of 1,336
77th percentile in Illinois
Median Home Value
#113 of 1,315
91st percentile in Illinois
Poverty Rate
#1,245 of 1,335
0th percentile in Illinois
Bachelor's Degree or Higher
#34 of 1,336
97th percentile in Illinois

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Illinois only, not a livability score. See the methodology for the source and calculation.

94thIncome percentile

94th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Third Lake's home value compares nationally

Median home value vs. every US city (population 1,000+)

$329,500 31st percentile more affordable than 31% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). This entry sits in this band. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Third Lake $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Third Lake, IL Third Lake, IL's reported median household income shown against the U.S. national quintile-share pattern (not Third Lake, IL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Third Lake, IL median $150,893/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Third Lake, IL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Third Lake, IL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 70.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 59.7%

Census ACS S2301, share of working-age residents in the labor force

Population
1,203
Median Income
$150,893
Median Home Value
$329,500
Median Age
50.1
Poverty Rate
0.0%
Labor force participation
59.7%
Bachelor's Degree+
70.9%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
1,100 residents1,105 residents1,110 residents1,115 residents1,120 residents 202020212022202320242025 1,115 residents 1,103 residents ▼ -1.1%
Third Lake's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 1
2021 0
2022 0
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
75.6%
Carpool
6.5%
Public Transit
1.7%
Walk
2.4%
Work from Home
13.4%

Based on 589 workers 16 and over.

Monthly Utility Costs

State-average estimates for Illinois - EIA 2023 residential energy data

Electricity
$100
avg/month
Natural Gas
$90
avg/month
Water & Sewer
$50
avg/month
Total Utilities
$240
estimated/month

Estimates reflect Illinois state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Illinois state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Third Lake sits in

Cost of Living Index
100.0
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,781/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
96.0 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Illinois

Milledgeville
1,199 people
Big Rock
1,208 people
Camp Point
1,197 people
Toledo
1,209 people
Martinsville
1,212 people
North Utica
1,215 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Third Lake's 1,203 residents (Census ACS 5-Year 2023).

Fruitdale, CA
1,203 people
Mount Hermon, CA
1,203 people
Poplar Plains, CT
1,203 people
Martin Lake, MN
1,203 people
Bergen, NY
1,203 people
Pine Plains, NY
1,203 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Third Lake's $150,893 (Census ACS 5-Year 2023, table B19013).

Montebello, NY
$150,882 median income
Glenview Hills, KY
$150,938 median income
Redwood City, CA
$150,840 median income
Solana Beach, CA
$150,820 median income
Upper Arlington, OH
$150,993 median income
Ilchester, MD
$150,783 median income

Race & Ethnicity Composition

Race and ethnicity - Third Lake, IL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Third Lake, IL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 88.3% ETHNICITY, Hispanic or Latino (any race) 14.0% White 88.3% Black or African American 0.0% Asian 1.3% American Indian 5.8% Native Hawaiian 0.0% Some other race 1.0% Two or more races 3.7% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Third Lake compares to nearby Illinois cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Third Lake (this city) 1,203 $150,893
Milledgeville 1,199 $59,688
Big Rock 1,208 $126,667
Camp Point 1,197 $58,438
Census ACS 5-year FIPS IL Census BPS 2024 OMB Bulletin 23-01

What do people ask about Third Lake, IL?

What is the population of Third Lake, IL? +

Third Lake, IL counts 1,203 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Third Lake, IL? +

Third Lake households earn a median of $150,893 annually, based on Census ACS 2023 data.

What is the cost of living in Third Lake? +

BEA does not publish a city-level cost-of-living figure for Third Lake; the closest available measure is the Illinois state average, a cost of living index of 100.0 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Illinois vary by metro area.

What is the median home value in Third Lake, IL? +

A typical home in Third Lake is worth $329,500, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.