Lake Woods

County:: Champaign County
County Seat:: No
Area (mi²):: 1.682
State:: Illinois

Lake Woods is a CDP located in Champaign County, Illinois. Lake Woods has a 2025 population of 2,209. Lake Woods is currently declining at a rate of -2.08% annually and its population has decreased by -12.17% since the most recent census, which recorded a population of 2,515 in 2020.

The average household income in Lake Woods is $77,744 with a poverty rate of 6.93%. The median age in Lake Woods is 41.1 years: 39.7 years for males, and 43 years for females.

Demographics

The racial composition of Lake Woods includes 96.56% White, and smaller percentages for other race, Two or more races, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Other race

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,908	96.56%
Other race	47	2.38%
Two or more races	21	1.06%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Lake Woods Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake Woods' average per capita income is $45,337. Household income levels show a median of $69,054. The poverty rate stands at 6.93%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$90,990	-
Families	$81,058	$91,967
Households	$69,054	$77,744
Non Families	$22,981	$35,669

$45,337

Average Income

$69,054

Median Household Income

6.93%

Poverty Rate