How many renters in Channel Lake, IL pay more than 30% of their income on rent?

75.3% (±29.2 points) of renting households in Channel Lake, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

75.3% spend 35% or more.

The median renting household spends 45.8% of its income on rent.

Figures last updated on .

Paying 30% or more
75.3% (±29.2 points)
Paying 35% or more
75.3% (±19.3 points)
Median share of income
45.8% (±5.7 points)

Rent as a share of income in Channel Lake

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentChannel LakeLake CountyIllinoisUnited States
Less than 15%6.0% (±6.1 points)14.4%14.4%12.6%
15% to 19.9%8.0% (±12.0 points)12.6%13.4%12.2%
20% to 24.9%10.7% (±15.1 points)13.2%13.1%12.6%
25% to 29.9%0.0% (±21.9 points)10.5%11.2%11.5%
30% to 34.9%0.0% (±21.9 points)9.2%8.9%9.2%
35% or more75.3% (±19.3 points)40.1%39.0%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Channel Lake against Lake County, its state and the nation

Estimate (90% margin of error)
Channel LakeLake CountyIllinoisUnited States
Paying 30% or more75.3% (±29.2 points)49.3% (±2.3 points)47.9% (±0.4 points)51.1%
Paying 35% or more75.3% (±19.3 points)40.1% (±1.8 points)39.0% (±0.4 points)41.9%
Median share of income45.8% (±5.7 points)29.7% (±1.0 points)29.1% (±0.2 points)30.6%
Median renter household income$48,100 (±$18,629)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median gross rent$1,584 (±$215)$1,477 (±$29)$1,274 (±$5)$1,413

In Channel Lake, the share of renters paying 30% or more of income is not measurably different from Lake County (49.3%).

It is not measurably different from Illinois (47.9%).

It is not measurably different from the national figure (51.1%).

In Lake County, Channel Lake ranks 6 of 71 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 177 of 2,503.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Channel Lake

Nearest places with a published estimate, compared with Channel Lake
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Channel Lake—75.3% (±29.2 points)—
Antioch Township2.1 mi48.0% (±10.2 points)Not measurably different
Salem Lakes3.8 mi45.2% (±15.9 points)Not measurably different
Burton Township (McHenry County)4.0 mi13.9% (±44.8 points)Lower
Antioch4.1 mi43.4% (±12.9 points)Not measurably different
Fox Lake4.2 mi63.6% (±14.2 points)Not measurably different
Fox Lake Hills4.9 mi18.5% (±47.5 points)Lower
Spring Grove5.2 mi0.0% (±86.7 points)Not measurably different
Town of Randall5.4 mi0.0% (±50.5 points)Lower

Nearby places with a measurably lower figure: Burton Township (McHenry County), IL (13.9%), Fox Lake Hills, IL (18.5%), Town of Randall, WI (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Lake County, place by place

RankPlaceRenters paying 30% or more of income
1 (tie)Bannockburn100.0% (±141.4 points)
1 (tie)Forest Lake100.0% (±80.9 points)
3Riverwoods86.6% (±48.6 points)
4Knollwood82.1% (±38.9 points)
5North Barrington76.2% (±53.4 points)
6Channel Lake75.3% (±29.2 points)
7Lake Barrington70.7% (±20.2 points)
8Fox Lake63.6% (±14.2 points)
9Tower Lakes61.5% (±102.4 points)
10Lake Bluff61.2% (±31.8 points)
11Deerfield60.9% (±15.4 points)
12Highland Park60.2% (±9.6 points)

Showing 12 of 71 places in Lake County, ranked from highest to lowest.

Channel Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Channel Lake

Are renters in Channel Lake rent-burdened?

75.3% of renting households in Channel Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Channel Lake spend on rent?

The median renting household in Channel Lake, IL spends 45.8% (±5.7 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Channel Lake CDP, Illinois (place:12489, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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