The median home value in Gages Lake, IL is $249,300. This is lower than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Gages Lake, IL is $249,300. Approximately 75.29% of Gages Lake homes are owned, compared to 17.92% rented, while 6.79% are vacant. Gages Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gages Lake real estate agent to arrange a tour today!
Gages Lake, Illinois has a population of 10,445. Gages Lake is less family-centric than the surrounding county with 31.38% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Gages Lake, Illinois is $98,009. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Gages Lake is 39.2 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 36.1 inches per year, with 43.2 inches of snow per year.