HomeIllinoisWill CountyNew Lenox village
New Lenox village, Illinois: commercial real estate data.
New Lenox village is a Census village of 28,006 people across 16.07 square miles of land, in Will County. Median household income is $140,865, 92.4 percent of occupied homes are owned, and the SBA record carries 39 7(a) approvals to borrowers here worth $15.5 m.
80 sourced place values · tier FULL · 9 sections
New Lenox
What New Lenox is
- Census place typevillage
- Land area16.07 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,743
- County holding the largest share of its areaWill 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.
New Lenox
How many people live in New Lenox
- Population28,006
- Median age36.8
- Population under 188,399
- Share under 1830.0 percent
- Population 65 and over3,244
- Share 65 and over11.6 percent
- Households9,134
- Family households7,496
- Share of households that are families82.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Lenox
Income and work in New Lenox
- Median household income$140,865
- Per capita income$51,234
- Civilian labor force14,816
- Employed14,380
- Unemployed436 plus or minus 153
- Unemployment rate2.9 percent plus or minus 1.0
- Adults 25 and over17,518
- Adults 25 and over with a high school diploma or higher98.4 percent
- Adults 25 and over with a bachelor degree or higher47.6 percent
- Adults 25 and over with a graduate degree17.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Lenox
Housing in New Lenox
- Housing units9,498
- Occupied units9,134
- Vacant units364 plus or minus 174
- Vacancy rate3.8 percent plus or minus 1.8
- Owner occupied8,444
- Renter occupied690 plus or minus 158
- Ownership rate92.4 percent
- Median owner-occupied home value$399,900
- Median gross rent, monthly$1,431
- Annual rent as a share of median income12.2 percent
- Single family units8,723
- Share single family91.8 percent
- Units in buildings of two or more761 plus or minus 184
- Share in buildings of two or more8.0 percent plus or minus 1.9
- Mobile homes14 plus or minus 21
- Median year structure built1998
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Lenox
How New Lenox gets to work
- Workers 16 and over who commute11,952
- Commuting under 15 minutes2,399
- Share commuting under 15 minutes20.1 percent
- Commuting 30 minutes or more6,674
- Share commuting 30 minutes or more55.8 percent
- Drove alone75.7 percent
- Carpooled5.2 percent plus or minus 1.9
- Public transport2.9 percent plus or minus 0.9
- Walked0.4 percent plus or minus 0.2
- Worked from home15.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Lenox
SBA 7(a) lending to New Lenox borrowers
- Approvals39
- Gross approval$15,493,100
- Average approval$397,259
- Median approval$225,000
- Ninetieth percentile approval$1,185,000
- Largest approval$2,000,000
- Jobs supported354
- Jobs per approval9.1
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises15.4 percent
- Distinct lenders20
- Distinct industries by NAICS35
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Lenox
SBA 504 lending to New Lenox borrowers
- Approvals17
- Gross approval$20,052,000
- Average approval$1,179,529
- Median approval$461,000
- Largest approval$5,500,000
- Jobs supported251
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Lenox
Flood programme status in New Lenox
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170706
- Currently effective map date02/15/19
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Will County, not New Lenox
Will County context, not New Lenox figures
These are Will County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Lenox measurements.
- Establishments in Will County17,085
- Employment at those establishments, Will County267,545
- Covered employment, Will County263,673
- Average annual pay, Will County$60,570
- Average weekly wage, Will County$1,165
- Housing units permitted, Will County2,002
- Of those, single family, Will County1,464
- County product, 2024, Will County$50,332,938,000
- County product change over the prior year, Will County3.9 percent
- Average income of an arriving household, Will County$80,186
Every figure in this section is published for Will County as a whole and is not a measurement of New Lenox. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Lenox questions, answered from the record.
How many people live in New Lenox, Illinois?
28,006, in 9,134 households. New Lenox village covers 16.07 square miles of land, which is 1,743 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Lenox in?
Will 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 New Lenox?
$140,865. The median owner-occupied home is valued at $399,900. Median gross rent is $1,431 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Lenox businesses?
39 7(a) approvals totalling $15.5 m, across 20 lenders, median approval $225,000, plus 17 504 approvals worth $20.1 m. These count approvals to borrowers whose address is in New Lenox, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Lenox borrowers get paid back?
No rate is published for New Lenox. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is New Lenox in the National Flood Insurance Program?
Yes. New Lenox appears in the FEMA Community Status Book as community 170706, 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 New Lenox figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Will 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 New Lenox.
Is zoning published for New Lenox?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.