Third Lake, IL's Data
About Third Lake, IL's
Third Lake is a small village located in Lake County, Illinois. Incorporated in 1959, the village is named after the third largest lake within its boundaries. It is situated in the northeastern part of Illinois, approximately 50 miles from Chicago. Third Lake is known for its tranquil residential communities and its commitment to preserving natural landscapes, making it an appealing suburb for those looking to escape the hustle and bustle of the city.
City: Third Lake
State: Illinois
Country: United States
Population: 1,182
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 Third Lake, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Third Lake, IL
Third Lake - Popular for fishing, boating, and scenic views.
Mariner's Cove Park - A community park with facilities for sports and family outings.
Rollins Savanna Forest Preserve - A large natural preserve offering trails for hiking and biking, and wildlife viewing.
Druce Lake - Another scenic lake in the village, ideal for quiet water activities.
Grayslake Area Public Library - Provides educational and cultural resources for the community.
The Economy of Third Lake, IL
The economy of Third Lake is primarily driven by local businesses, retail, and services catering to the needs of its residents. The village's proximity to larger cities like Chicago provides additional employment opportunities in various sectors, including manufacturing, education, and healthcare. The local government focuses on maintaining a business-friendly environment while preserving the village's natural charm and residential character.
Third Lake, IL Inflation
Understanding the BLS and Inflation in Third Lake, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Third Lake, 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 Third Lake, 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 Third Lake, 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 Third Lake, 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 Third lake, IL
No results found. Please try another search.
Brought to you by
