The median home value in Gages Lake, IL is $191,900. This is lower than the county median home value of $242,800. The national median home value is $219,700. The average price of homes sold in Gages Lake, IL is $191,900. Approximately 75.75% of Gages Lake homes are owned, compared to 16.16% rented, while 8.09% 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 10,042. Gages Lake is more family-centric than the surrounding county with 38.64% of the households containing married families with children. The county average for households married with children is 38.63%.
The median household income in Gages Lake, Illinois is $95,135. The median household income for the surrounding county is $82,613 compared to the national median of $57,652. The median age of people living in Gages Lake is 42.4 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 36.2 inches per year, with 39.5 inches of snow per year.