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Lake Villa, Illinois   Add Favorite    1 Reviews | Review This Place




Pros

-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation

Cons

-Harsh climate
-Cost of living
-Violent crime


What Bert Has To Say About Chicago-Naperville-Elgin Metro Area


A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.


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Highlights



Quick Facts About Lake Villa


    ECONOMY
    The unemployment rate in Lake Villa is 4.90 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Lake Villa jobs have Increased by 1.36 percent.
    COST OF LIVING
    Compared to the rest of the country, Lake Villa's cost of living is 16.50% Higher than the U.S. average.
    POPULATION
    As of 2014, Lake Villa's population is 8,821 people. Since 2000, it has had a population growth of 208.75 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Lake Villa is $239,300. Home appreciation the last 10 years has been -21.95%.
    SCHOOLS
    Lake Villa public schools spend $11,281 per student. The average school expenditure in the U.S. is $12,383. There are about 17.9 students per teacher in Lake Villa.

Lake Villa Ranked & Rated



Lake Villa Housing Market


It's a good time to buy in Lake Villa. Home Appreciation is up 2.0% in the last 12 months. Browse Lake Villa Real Estate.
The median home price in Lake Villa is $239,300. Browse Homes in this Range.
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Reviews for Lake Villa, Illinois


Unknown
Lake Villa

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  6/8/2006
Lake Villa and Lake County

Iake villa is growing as is Lake County. It is one of the highest median income areas in the country. Houses are going up everywhere and the majority is in the $200,000... (Read More)

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