Lake of the Woods is a census-designated place in Champaign County, Illinois, United States. The population was 2,403 at the 2020 census. Lake of the Woods is located in Mahomet Township and mostly surrounded by the northeast part of the village of Mahomet.

Geography

According to the 2021 census gazetteer files, Lake of the Woods has a total area of , of which (or 95.24%) is land and (or 4.76%) is water.

Demographics

2020 census As of the 2020 census, Lake of the Woods had a population of 2,403. The median age was 39.8 years. 24.8% of residents were under the age of 18 and 17.2% of residents were 65 years of age or older. For every 100 females there were 95.5 males, and for every 100 females age 18 and over there were 96.7 males age 18 and over.

92.6% of residents lived in urban areas, while 7.4% lived in rural areas.

There were 993 households in Lake of the Woods, of which 31.0% had children under the age of 18 living in them. Of all households, 49.7% were married-couple households, 17.3% were households with a male householder and no spouse or partner present, and 25.5% were households with a female householder and no spouse or partner present. About 24.8% of all households were made up of individuals and 10.9% had someone living alone who was 65 years of age or older.

There were 1,072 housing units, of which 7.4% were vacant. The homeowner vacancy rate was 1.2% and the rental vacancy rate was 23.3%. The housing unit density was and the population density was .

+ Racial composition as of the 2020 census Race Number Percent White 2,146 89.3% Black or African American 13 0.5% American Indian and Alaska Native 7 0.3% Asian 13 0.5% Native Hawaiian and Other Pacific Islander 0 0.0% Some other race 43 1.8% Two or more races 181 7.5% Hispanic or Latino (of any race) 90 3.7%

Income and poverty The median income for a household in the CDP was $59,257, and the median income for a family was $90,556. Males had a median income of $44,133 versus $40,000 for females. The per capita income for the CDP was $26,662. About 9.1% of families and 7.3% of the population were below the poverty line, including 8.8% of those under age 18 and 5.2% of those age 65 or over. Education It is in the Mahomet-Seymour Community Unit School District 3. - Text list

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