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
| Share of income spent on rent | Channel Lake | Lake County | Illinois | United 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 more | 75.3% (±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
| Channel Lake | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 75.3% (±29.2 points) | 49.3% (±2.3 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 75.3% (±19.3 points) | 40.1% (±1.8 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 45.8% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Channel Lake | — | 75.3% (±29.2 points) | — |
| Antioch Township | 2.1 mi | 48.0% (±10.2 points) | Not measurably different |
| Salem Lakes | 3.8 mi | 45.2% (±15.9 points) | Not measurably different |
| Burton Township (McHenry County) | 4.0 mi | 13.9% (±44.8 points) | Lower |
| Antioch | 4.1 mi | 43.4% (±12.9 points) | Not measurably different |
| Fox Lake | 4.2 mi | 63.6% (±14.2 points) | Not measurably different |
| Fox Lake Hills | 4.9 mi | 18.5% (±47.5 points) | Lower |
| Spring Grove | 5.2 mi | 0.0% (±86.7 points) | Not measurably different |
| Town of Randall | 5.4 mi | 0.0% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Bannockburn | 100.0% (±141.4 points) |
| 1 (tie) | Forest Lake | 100.0% (±80.9 points) |
| 3 | Riverwoods | 86.6% (±48.6 points) |
| 4 | Knollwood | 82.1% (±38.9 points) |
| 5 | North Barrington | 76.2% (±53.4 points) |
| 6 | Channel Lake | 75.3% (±29.2 points) |
| 7 | Lake Barrington | 70.7% (±20.2 points) |
| 8 | Fox Lake | 63.6% (±14.2 points) |
| 9 | Tower Lakes | 61.5% (±102.4 points) |
| 10 | Lake Bluff | 61.2% (±31.8 points) |
| 11 | Deerfield | 60.9% (±15.4 points) |
| 12 | Highland Park | 60.2% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Channel Lake CDP, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Channel Lake CDP, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Channel Lake CDP, Illinois
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.
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 .
Related
- Housing in Channel Lake at a glance
- Median rent in Channel Lake
- Renters and owners in Channel Lake
- Income and affordability in Channel Lake
- Home values in Channel Lake
- Homeowner costs in Channel Lake
- Property taxes in Channel Lake
- Types of homes in Channel Lake
- Bedrooms in Channel Lake
- Age of homes in Channel Lake
- Heating fuel in Channel Lake
- Commute and cars in Channel Lake
- Population growth in Channel Lake
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois