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Lake, Illinois   Add Favorite        0 Reviews | Review This Place

Find your Best Mortgage in Lake: Fixed Rate, Adjustable Rate, 30 years, 15 years.


-Cost of living
-Arts & culture
-Educated population


-Hot, humid summers
-Employment concerns
-Growth and sprawl

What Bert Has To Say About St. Louis Metro Area

Known since the early days as the “Gateway City” because of its access to transportation routes in all directions, St. Louis continues to be an important center of commerce and culture for the Mississippi River Basin. The area includes a broad assortment of mostly residential neighborhoods to the west and the more industrial East St. Louis and several agricultural counties on the Illinois side of the river. For years the downtown area had few highlights outside of the landmark Gateway Arch and the restored Union Station. The population of the city itself had declined gradually for decades, and most of the infrastructure had declined as people moved into the suburbs or away altogether. But more recently, the downtown has started to come back, with new residential facilities and reclaimed warehouse lofts downtown anchored by new sports venues. Similar restorations are going on in other important inner neighborhoods.


Quick Facts About Lake

    The unemployment rate in Lake is 4.20 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Lake jobs have Increased by 1.68 percent.
    Compared to the rest of the country, Lake's cost of living is 17.40% Lower than the U.S. average.
    As of 2014, Lake's population is 949 people. Since 2000, it has had a population growth of 0.64 percent.
    Average Commute time is 24 minutes. The National Average is 26 minutes.
    The median home cost in Lake is $92,667. Home appreciation the last 10 years has been 5.61%.
    Lake public schools spend $9,776 per student. The average school expenditure in the U.S. is $12,383. There are about 15 students per teacher in Lake.

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Lake Housing Market

It's a good time to buy in Lake. Home Appreciation is up 1.7% in the last 12 months. Browse Lake Real Estate.
The median home price in Lake is $92,667. Browse Homes in this Range.
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