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. For every 100 females there are 107.6 males.
Data after 2023 is projected based on recent change
The racial composition of Lake Woods includes 96.56% White, and smaller percentages for other race, Two or more races and multiracial populations.
White (96.56%)
Other race (2.38%)
Two or more races (1.06%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,908 | 96.56% |
| Other race | 47 | 2.38% |
| Two or more races | 21 | 1.06% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $90,990 | - |
| Families | $81,058 | $91,967 |
| Households | $69,054 | $77,744 |
| Non Families | $22,981 | $35,669 |
Average Income
Median Household Income
Poverty Rate