Economy & Jobs — Lake of the Woods, Illinois

Income & Employment

Median Household Income (Census)$61,625
Estimated 2026~$78,700
Per Capita Income$30,729
Poverty Rate4.7%
Unemployment Rate6.2%
In Labor Force1,026

Top Industries

IndustryShare
Education Healthcare36.9%
Professional12.3%
Transportation7.4%

Local Businesses (County)

TypeCount
Fast Food195
Full Service Restaurants186
Insurance Agencies91
Commercial Banks67
Law Offices64
Real Estate Offices62
Bars58
Dental Offices56
Gas Stations55
Beauty Salons51
Coffee Shops46
Physician Offices45
Child Day Care43
Hotels Motels39
Grocery Stores38
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.