Yankee Lake was a man-made lake, first known as Lingamore Lake, then renamed to match the name of the creek which was dammed to create it. Ernest Houston Stewart and John Jurko purchased land around the creek and opened a dance hall in 1928. It became a regular stop for acts during the Big Band era including Glenn Miller, Tommy Dorsey, Artie Shaw, Benny Goodman, Cab Calloway, Count Basie, and Duke Ellington. Famous gangsters of the era like John Dillenger may have even visited the ballroom. Although the popular swimming lake was drained in 1979, Yankee Lake has been reinvented to host motocross races, a successful seafood buffet, classic rock concerts and a banquet hall. Most recently it has become a venue for bike nights and truck nights.
As of the census of 2010, there were 79 people, 31 households, and 25 families living in the village. The population density was. There were 39 housing units at an average density of. The racial makeup of the village was 98.7% White and 1.3% from other races. Hispanic or Latino of any race were 1.3% of the population. There were 31 households of which 25.8% had children under the age of 18 living with them, 74.2% were married couplesliving together, 6.5% had a male householder with no wife present, and 19.4% were non-families. 19.4% of all households were made up of individuals and 3.2% had someone living alone who was 65 years of age or older. The average household size was 2.55 and the average family size was 2.84. The median age in the village was 50.3 years. 15.2% of residents were under the age of 18; 5.1% were between the ages of 18 and 24; 24.1% were from 25 to 44; 38% were from 45 to 64; and 17.7% were 65 years of age or older. The gender makeup of the village was 46.8% male and 53.2% female.
2000 census
As of the census of 2000, there were 99 people, 40 households, and 31 families living in the village. The population density was 180.4 people per square mile. There were 41 housing units at an average density of 74.7 per square mile. The racial makeup of the village was 100.00% White. There were 40 households out of which 30.0% had children under the age of 18 living with them, 70.0% were married couples living together, 2.5% had a female householder with no husband present, and 22.5% were non-families. 22.5% of all households were made up of individuals and 5.0% had someone living alone who was 65 years of age or older. The average household size was 2.48 and the average family size was 2.90. In the village, the population was spread out with 21.2% under the age of 18, 3.0% from 18 to 24, 29.3% from 25 to 44, 32.3% from 45 to 64, and 14.1% who were 65 years of age or older. The median age was 44 years. For every 100 females there were 120.0 males. For every 100 females age 18 and over, there were 129.4 males. The median income for a household in the village was $45,000, and the median income for a family was $50,000. Males had a median income of $43,125 versus $27,083 for females. The per capita income for the village was $21,340. There were 7.1% of families and 6.7% of the population living below the poverty line, including 11.1% of under eighteens and none of those over 64.