Lake County Demographic Reports….

These are very interesting statistics about the Lake County population.  In light of our concerns about the increasing real estate taxes pricing seniors and those living on fixed incomes out of their homes, we can see why our property taxes will continue to increase.

Source: Center for Community Solutions –   Lake

By 2030, Lake County adults 65+ will be account for 27.3% of the population, while the children under 20 years of age will be 21% of the population. Lake County’s median household income has declined 9.8% in the past decade.  The median income is $56,809 in Lake County, down from $62,956 in 2004.

In 2016, the number of residents on SNAP (food stamps) was 18,672.  This is up from the 18,520 in 2010.

There were 20,848 people, or 9.2% of the Lake County residents, living below poverty level from 2010-2014.  According to the 2018 Federal Poverty Guidelines, the poverty level for a family of 4 is $25,100.

(Comment:  So, in conclusion,  Lake County has an aging, declining population with declining median annual income, a persistent poverty level of  8% – 10% of the population, and a property tax structure that will continue to increase.   And we want to allow open borders and allow illegal aliens unfettered access to our public education and social welfare agencies?  The Catholic Church gets new members , the Chamber of Commerce gets cheap labor, Democrats get new voters, and seniors get priced out of their homes to pay for all this social justice.  Anyone see any problems?)

 

 



Categories: Lake, Real Estate Taxes

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