Third Lake is a village located in Lake County, Illinois. Third Lake has a 2026 population of 1,113. Third Lake is currently declining at a rate of 0% annually and its population has decreased by -0.27% since the most recent census, which recorded a population of 1,116 in 2020.
The median household income in Third Lake is $150,139 with a poverty rate of 2.02%. The median age in Third Lake is 52.2 years: 46.8 years for males, and 54.9 years for females. For every 100 females there are 119.1 males.
Data after 2023 is projected based on recent change
Overall: 52.2 years
Female: 54.9 years
Male: 46.8 years
There are 967 adults, (317 of whom are seniors) in Third Lake.
Female: 519 (45.6%)
Male: 618 (54.4%)
The racial composition of Third Lake includes 85.05% White, 3.25% Native American, and smaller percentages for Asian, other race, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 967 | 85.05% |
| Two or more races | 89 | 7.83% |
| Native American | 37 | 3.25% |
| Asian | 25 | 2.2% |
| Other race | 18 | 1.58% |
| Black or African American | 1 | 0.09% |
Third Lake 's average per capita income is $75,781. Household income levels show a median of $150,139. The poverty rate stands at 2.02%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $165,547 | - |
| Families | $165,182 | $185,458 |
| Households | $150,139 | $166,716 |
| Non Families | $73,750 | $96,764 |
Average Income
Median Household Income
Poverty Rate