HomeIllinoisLake CountyWadsworth
Wadsworth, Illinois: commercial real estate data.
Wadsworth is a Census village of 3,686 people across 9.84 square miles of land, in Lake County. Median household income is $142,738, 92.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $5.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wadsworth
What Wadsworth is
- Census place typevillage
- Land area9.84 sq mi
- Water area0.09 sq mi
- Population per square mile of land374
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wadsworth
How many people live in Wadsworth
- Population3,686
- Median age38.5
- Population under 18960 plus or minus 216
- Share under 1826.0 percent plus or minus 5.6
- Population 65 and over867 plus or minus 242
- Share 65 and over23.5 percent plus or minus 6.4
- Households1,278
- Family households1,083
- Share of households that are families84.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wadsworth
Income and work in Wadsworth
- Median household income$142,738 plus or minus $49,806
- Per capita income$54,302
- Civilian labor force1,598
- Employed1,385
- Unemployed213 plus or minus 188
- Unemployment rate13.3 percent plus or minus 11.6
- Adults 25 and over2,369
- Adults 25 and over with a high school diploma or higher90.6 percent
- Adults 25 and over with a bachelor degree or higher47.4 percent
- Adults 25 and over with a graduate degree20.5 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wadsworth
Housing in Wadsworth
- Housing units1,320
- Occupied units1,278
- Vacant units42 plus or minus 66
- Vacancy rate3.2 percent plus or minus 5.0
- Owner occupied1,184
- Renter occupied94 plus or minus 69
- Ownership rate92.6 percent
- Median owner-occupied home value$378,900
- Median gross rent, monthly$994 plus or minus $427
- Annual rent as a share of median income8.4 percent plus or minus 4.6
- Single family units1,303
- Share single family98.7 percent
- Units in buildings of two or more17 plus or minus 29
- Share in buildings of two or more1.3 percent plus or minus 2.2
- Mobile homes0
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wadsworth
How Wadsworth gets to work
- Workers 16 and over who commute1,242 plus or minus 265
- Commuting under 15 minutes206 plus or minus 109
- Share commuting under 15 minutes16.6 percent plus or minus 8.0
- Commuting 30 minutes or more525 plus or minus 190
- Share commuting 30 minutes or more42.3 percent plus or minus 12.4
- Drove alone82.0 percent
- Carpooled2.3 percent plus or minus 3.1
- Public transport1.5 percent plus or minus 2.2
- Walked0.0 percent
- Worked from home12.4 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wadsworth
SBA loans in Wadsworth (7(a))
- Approvals2
- Gross approval$5,035,000
- Average approval$2,517,500
- Median approval$2,517,500
- Largest approval$5,000,000
- Jobs supported57
- Jobs per approval28.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Wadsworth, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wadsworth
SBA loans in Wadsworth (504)
- Approvals1
- Gross approval$619,000
- Average approval$619,000
- Median approval$619,000
- Largest approval$619,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Wadsworth, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wadsworth
Flood risk in Wadsworth
- NFIP communityVillage of Wadsworth
- NFIP community number170395
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/05/23
The Village of Wadsworth participates in the National Flood Insurance Program as community 170395 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Wadsworth
Lake County context, not Wadsworth figures
- Establishments in Lake County20,076
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Housing units permitted, Lake County1,042
Every figure in this section is published for Lake County as a whole and is not a measurement of Wadsworth.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Wadsworth questions, answered from the record.
How many people live in Wadsworth, Illinois?
3,686, in 1,278 households. Wadsworth village covers 9.84 square miles of land, which is 374 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wadsworth in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wadsworth?
$142,738. The median owner-occupied home is valued at $378,900. Median gross rent is $994 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wadsworth businesses?
2 7(a) approvals totaling $5.0 m since FY2020, across 2 lenders, median approval $2,517,500, plus 1 504 approvals worth $619,000 since FY2010. These count approvals to borrowers whose address is in Wadsworth, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wadsworth borrowers get paid back?
No rate is published for Wadsworth. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Wadsworth in the National Flood Insurance Program?
Yes. Wadsworth appears in the FEMA Community Status Book as Wadsworth, village of, community 170395, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Wadsworth figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wadsworth.
Is zoning published for Wadsworth?
No. Nothing on this page presents parcel level zoning.