What percentage of people rent in Channel Lake, IL?

Name: Renters and owners in Channel Lake, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

18.8% (±9.2 points) of the occupied homes in Channel Lake, IL are rented (2020–2024 American Community Survey).

That is 150 renting households against 646 that own their home.

In Channel Lake, the share of households that rent went from 20.9% in 2015–2019 to 18.8% in 2020–2024 (−2.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 18.8% (±9.2 points)
Renting households: 150 (±68)
Median renter income: $48,100 (±$18,629)

Who rents and who owns in Channel Lake

Tenure, estimate (90% margin of error)
	Channel Lake	Lake County	Illinois	United States
Renter-occupied share	18.8% (±9.2 points)	25.2% (±0.6 points)	32.9% (±0.2 points)	34.8%
Renting households	150 (±68)	65,052 (±1,537)	1,657,539 (±10,322)	45,017,354
Owning households	646 (±149)	193,403 (±1,802)	3,378,910 (±14,728)	84,210,142
Average renter household size	3.1 (±1.2)	2.3 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.5 (±0.3)	2.8 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$48,100 (±$18,629)	$60,278 (±$2,115)	$50,420 (±$471)	$52,966
Median owner household income	$78,000 (±$33,073)	$134,561 (±$2,098)	$103,505 (±$377)	$100,009

In Channel Lake, the renter share is not measurably different from Lake County (25.2%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Lake County, Channel Lake ranks 36 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1348 of 2,751.

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

How renting in Channel Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	20.9% (±6.6 points)	18.8% (±9.2 points)	−2.1 percentage points	Not a measurable change
Median gross rent	$1,106 (±$119)	$1,584 (±$215)	+43.2%	No measurable change after inflation
Median household income	$49,926 (±$6,512)	$68,250 (±$25,914)	+36.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Channel Lake

Nearest places with a published estimate, compared with Channel Lake
Place	Distance	Households that rent	Compared with this place
Channel Lake	—	18.8% (±9.2 points)	—
Antioch Township	2.1 mi	20.4% (±3.0 points)	Not measurably different
Salem Lakes	3.8 mi	16.8% (±4.4 points)	Not measurably different
Burton Township (McHenry County)	4.0 mi	8.3% (±5.5 points)	Not measurably different
Antioch	4.1 mi	26.1% (±4.3 points)	Not measurably different
Fox Lake	4.2 mi	32.1% (±6.1 points)	Higher
Fox Lake Hills	4.9 mi	9.4% (±5.3 points)	Not measurably different
Spring Grove	5.2 mi	3.8% (±2.5 points)	Lower
Town of Randall	5.4 mi	4.6% (±3.2 points)	Lower

Nearby places with a measurably lower figure: Spring Grove, IL (3.8%), Town of Randall, WI (4.6%).

Nearby places with a measurably higher figure: Fox Lake, IL (32.1%).

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

Households that rent across Lake County, place by place

Rank	Place	Households that rent
30 (tie)	Round Lake Beach	20.7% (±3.6 points)
30 (tie)	Moraine Township	20.7% (±2.6 points)
32	Antioch Township	20.4% (±3.0 points)
33	Wauconda Township	20.3% (±3.3 points)
34	Buffalo Grove	20.2% (±2.4 points)
35	Libertyville	19.7% (±2.7 points)
36	Channel Lake	18.8% (±9.2 points)
37	Volo	18.0% (±10.1 points)
38 (tie)	Deerfield	17.5% (±3.3 points)
38 (tie)	Long Lake	17.5% (±8.4 points)
40	Benton Township (Lake County)	17.3% (±4.4 points)
41	Gages Lake	17.0% (±3.8 points)
42 (tie)	Highland Park	16.2% (±2.4 points)

Showing 13 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Channel Lake

How many renters are there in Channel Lake?

Channel Lake has an estimated 150 (±68) renting households, 18.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Channel Lake?

In Channel Lake, the share of households that rent went from 20.9% in 2015–2019 to 18.8% in 2020–2024 (−2.1 percentage points), not a measurable change.

How big are renting households in Channel Lake?

A renting household in Channel Lake has 3.1 people on average, against 2.5 in an owned home.

How much do renters earn in Channel Lake?

The median renting household in Channel Lake, IL has an income of $48,100 (±$18,629) a year, against $78,000 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.