Lake Woods is a city located in Champaign County and Piatt County Illinois. Lake Woods has a 2024 population of 2,456. Lake Woods is currently growing at a rate of 2.21% annually but its population has decreased by -2.35% since the most recent census, which recorded a population of 2,515 in 2020.
The average household income in Lake Woods is $78,138 with a poverty rate of 10.47%. The median age in Lake Woods is 37.8 years: 30.7 years for males, and 41.5 years for females.
According to the most recent ACS, the racial composition of Lake Woods was:
White
Other race
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Two or more races
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 951 | 2.47 | 77.3 | 22.7 |
| Married | 432 | 3.36 | 95.6 | 4.4 |
| Non Family | 359 | 1.22 | 45.1 | 54.9 |
| Female | 114 | 2.93 | 100 | 0 |
| Male | 46 | 2.76 | 100 | 0 |
3.18
Average Family Size
2.47
Average Household Size
77.3%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among other race people with a rate of 100%.
The highest rate of bachelors degrees is among other race people with a rate of 100%.
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
98.85% of Lake Woods residents speak only English, while 1.15% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.15% of the population.
rate
10.47%
Overall Poverty Rate
12.72%
Male Poverty Rate
7.5%
Female Poverty Rate
The race most likely to be in poverty in Lake Woods is White, with 10.66% below the poverty level.
The race least likely to be in poverty in Lake Woods is White, with 10.66% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 2.23%. Among those working part-time, it was 10.29%, and for those that did not work, the poverty rate was 17.98%.
Married
Widowed
Divorced
Separated
NeverMarried
46.9%
Overall Marriage Rate
47.1%
Male Marriage Rate
46.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
17.93%
Veteran Disability Rate
LaborForceParticipation
69.7%
Labor Force Participation
64.6%
Employment Rate
7.4%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
82.64%
Born in Lake Woods
98.89%
Native Born
1.11%
Foreign Born
1.11%
Non Citizen
0%
Naturalized
98.89% of Lake Woods residents were born in the United States, with 82.64% having been born in Illinois. 1.11% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2024 | 2,456 | 53 | 2.21% |
| 2023 | 2,403 | 53 | 2.26% |
| 2022 | 2,350 | 53 | 2.31% |
| 2021 | 2,297 | -218 | -8.67% |
| 2020 | 2,515 | 111 | 4.62% |
| 2019 | 2,404 | -38 | -1.56% |
| 2018 | 2,442 | -178 | -6.79% |
| 2017 | 2,620 | -67 | -2.49% |
| 2016 | 2,687 | -254 | -8.64% |
| 2015 | 2,941 | 86 | 3.01% |
| 2014 | 2,855 | -141 | -4.71% |
| 2013 | 2,996 | -30 | -0.99% |
| 2012 | 3,026 | -280 | -8.47% |
| 2011 | 3,306 | 394 | 13.53% |
| 2010 | 2,912 | 0 | 0% |