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EconPulse

Local economy signal dashboard

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PLACEStable

Lake In The Hills, IL

Stable overall. Housing is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score64out of 100
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71
55
54
76
NA

Population

28,800

Data freshness

Unknown

GDP / Output

+4.6% YoY

71

$16.0B

Output changed +4.6% in 2024.

Vintage date unknown

State growth4.3%
U.S. growth5.3%

Jobs

Unemployment rate

55

4.4%

Unemployment is 4.4% for July 2026.

Vintage date unknown

State avg4.9%
U.S. avg4.1%

Population

+0.6% 5-year

54

28,800

Population moved +0.6% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

76

17.3%

Median rent consumes 17.3% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$134.6B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

17.3%

of median income

1BR estimate$1,385
2BR estimate$1,824
Median income$117,151
Median home value$321,900

ACS context

Quick Facts

Population

28,800

Median age

36.8

Bachelor's degree+

35.8%

Poverty rate

4.1%

Labor force participation

74.2%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.1%

GDP CAGR

+6.3%

Federal flow

N/A

Population (5 years)
202028,617
202129,024
202228,958
202328,853
202428,800
GDP (5 years)
2020$11.8B
2021$13.3B
2022$14.4B
2023$15.3B
2024$16.0B

2-year linear forecast

Predictive Outlook

Population forecast

202428,800
202528,909 *
202628,928 *

R² = 3.9% · * projected

GDP forecast

2024$16.0B
2025$17.3B *
2026$18.3B *

R² = 97.9% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$117,151/yr
Median rent$1,689/mo
Rent share of income17.3%
Est. mortgage (30yr, 6.5%)$19,532/yr
Mortgage share of income16.7%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.4%
State avg4.9%
U.S. avg4.1%
Labor force participation74.2%
Poverty rate4.1%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$321,900
Median monthly rent$1,689
Price-to-rent ratio15.9x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score62/100
Economic growth71/100
Labor market55/100
Population momentum54/100
Overall stability64/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Lake in the Hills village, Illinois

City/Town

Part of

Chicago-Naperville-Elgin, IL-IN

Nearby locations

Algonquin, ILTrout Valley, ILCrystal Lake, ILCarpentersville, ILCary, IL