Lake Villa, IL's Data
About Lake Villa, IL's
Lake Villa village, located in Lake County, Illinois, is a charming community with a rich history dating back to its incorporation in 1901. Nestled in the northeastern part of the state, near the Wisconsin border, the village is characterized by its scenic lakes and residential appeal. Historically, Lake Villa served as a popular retreat for Chicagoans seeking respite by its lakes, contributing to its development as a tranquil residential area.
City: Lake Villa
State: Illinois
Country: United States
Population: 8,741
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Lake Villa, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Villa, IL
Lehmann Mansion - A historic mansion used for events and weddings, offering a glimpse into the village's early 20th-century architecture.
Lake Villa District Library - A key resource for the community with a wide range of educational programs and events.
Deep Lake - Popular for fishing, boating, and scenic views, providing outdoor recreational opportunities for both residents and visitors.
Caboose Park - A large community park featuring sports fields, playgrounds, and a fitness trail.
Grant Woods Forest Preserve - A nearby natural area offering hiking trails, bird watching, and tranquil woodland scenery.
The Economy of Lake Villa, IL
The economy of Lake Villa is primarily driven by local businesses, retail services, and educational institutions. The village benefits from its proximity to larger metropolitan areas, allowing residents to engage in various employment opportunities in nearby cities. Additionally, the presence of several parks and lakes supports a modest tourism sector focused on outdoor recreation and leisure activities.
Lake Villa, IL Inflation
Understanding the BLS and Inflation in Lake Villa, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Villa, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Lake Villa, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lake Villa, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Lake Villa, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Lake villa, IL
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