Third Lake is a city located in Illinois. With a 2020 population of 1,097, it is the 659th largest city in Illinois and the 14373rd largest city in the United States. Third Lake is currently declining at a rate of -0.63% annually and its population has decreased by -1.26% since the most recent census, which recorded a population of 1,111 in 2020. Spanning over 1 miles, Third Lake has a population density of 1,871 people per square mile.
The average household income in Third Lake is $145,000 with a poverty rate of 4.31%. The median rental costs in recent years comes to $1,469 per month, and the median house value is $273,600. The median age in Third Lake is 51.3 years, 51.2 years for males, and 51.4 years for females.
According to the most recent ACS, the racial composition of Third Lakewas:
The highest rate of high school graduation is among asian people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 100.00%.
92.64% of Third Lake residents speak only English, while 7.36% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 4.17% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Third Lake is White, with 4.26% below the poverty level.
The race least likely to be in poverty in Third Lake is Hispanic, with 5.41% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.87%. Among those working part-time, it was 1.23%, and for those that did not work, the poverty rate was 14.29%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Third Lake
94.48% of Third Lake residents were born in the United States, with 58.19% having been born in Illinois. 3.02% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.