2025 Compare Cities Economy:
Richmond, IL vs Lake Villa, IL

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Highlights
- Household income in Lake Villa, is 107% more than it is in Richmond and is 40% above the National Average.
- Richmond unemployment rate is 5.9%.
- Lake Villa unemployment rate is 6.4%.
 Richmond, ILLake Villa, ILUnited States
 Unemployment Rate  Unlock6.4%6.0%
 Recent Job Growth  Unlock2.4%1.6%
 Future Job Growth27.6%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$34,314  Unlock$37,638
 Household Income  Unlock$115,598$69,021
 Family Median Income$76,645  Unlock$85,028
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 Est. Households By Income
 Richmond, ILLake Villa, ILUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock1.7%8.1%
 Income between 30K and 40K12.5%  Unlock8.0%
 Income between 40K and 50K  Unlock2.7%7.6%
 Income between 50K and 60K9.4%  Unlock7.2%
 Income between 60K and 75K  Unlock11.7%9.6%
 Income between 75K and 100K11.6%  Unlock12.8%
 Income between 100K and 150K  Unlock22.3%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock18.3%9.5%
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 Population By Occupation
 Richmond, ILLake Villa, ILUnited States
 Management, business, finance9.2%  Unlock16.4%
 Engineering, computers, science  Unlock4.7%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology3.8%  Unlock6.2%
 Healthcare support  Unlock2.3%3.3%
 Firefighters, law enforcement3.3%  Unlock2.1%
 Food preparation, serving  Unlock2.3%5.4%
 Building maintenance1.1%  Unlock3.6%
 Personal care  Unlock3.9%2.6%
 Sales, office, administrative support20.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair8.8%  Unlock8.1%
 Production, transportation, material moving  Unlock8.6%13.1%
Reviews for Richmond    1 Reviews

Richmond is a small town community with not much to offer in the line of shopping or entertainment. The area is lovely with lots of trees and agriculture. It is  More

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Reviews for Lake Villa    2 Reviews

Over 7 years ago

Hidden gem....soooo nice, if you're very close to our lakes, or waterfront, THE BEST. ?? Small hamlets made up of awesome boaters, fishermen, outdoorsy-water-loving  More

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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  More

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