Island Lake is a somewhat small village located in the state of Illinois. With a population of 7,954 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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.90% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 great place for families with children to consider. First of all, many other families with children live here, making Island Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Island Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Island Lake’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

In Island Lake, however, the average commute to work is quite long. On average, people spend 34.77 minutes each day getting to work, which is significantly higher than the national average.

In terms of college education, Island Lake is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 27.19% of adults 25 and older in the village have at least a bachelor's degree.

The per capita income in Island Lake in 2022 was $38,225, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $152,900 for a family of four. However, Island Lake contains both very wealthy and poor people as well.

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 19.11% 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.