What percentage of people rent in Gages Lake, IL?
17.0% (±3.8 points) of the occupied homes in Gages Lake, IL are rented (2020–2024 American Community Survey).
That is 695 renting households against 3,386 that own their home.
In Gages Lake, the share of households that rent went from 18.3% in 2015–2019 to 17.0% in 2020–2024 (−1.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 17.0% (±3.8 points)
- Renting households
- 695 (±172)
- Median renter income
- $57,083 (±$12,551)
Who rents and who owns in Gages Lake
| Gages Lake | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.0% (±3.8 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 695 (±172) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 3,386 (±270) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.7 (±0.4) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $57,083 (±$12,551) | $60,278 (±$2,115) | $50,420 (±$471) | $52,966 |
| Median owner household income | $119,295 (±$13,687) | $134,561 (±$2,098) | $103,505 (±$377) | $100,009 |
In Gages Lake, the renter share is lower than in 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, Gages Lake ranks 41 of 71 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1508 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Gages Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 18.3% (±3.1 points) | 17.0% (±3.8 points) | −1.3 percentage points | Not a measurable change |
| Median gross rent | $1,449 (±$119) | $1,693 (±$151) | +16.8% | No measurable change after inflation |
| Median household income | $96,123 (±$6,519) | $103,318 (±$7,164) | +7.5% | Down 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 Gages Lake
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Gages Lake | — | 17.0% (±3.8 points) | — |
| Third Lake | 1.8 mi | 0.9% (±1.3 points) | Lower |
| Warren Township (Lake County) | 2.4 mi | 26.7% (±1.7 points) | Higher |
| Gurnee | 2.7 mi | 23.9% (±2.5 points) | Higher |
| Grayslake | 2.7 mi | 21.8% (±3.3 points) | Not measurably different |
| Grandwood Park | 2.8 mi | 12.6% (±4.7 points) | Not measurably different |
| Avon Township | 3.8 mi | 22.4% (±2.3 points) | Higher |
| Park City | 4.6 mi | 37.1% (±7.2 points) | Higher |
| Libertyville | 4.7 mi | 19.7% (±2.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Third Lake, IL (0.9%).
Nearby places with a measurably higher figure: Warren Township (Lake County), IL (26.7%), Gurnee, IL (23.9%), Avon Township, IL (22.4%).
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 |
|---|---|---|
| 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) |
| 42 (tie) | Venetian Village | 16.2% (±9.0 points) |
| 44 | Lake Villa Township | 15.0% (±2.0 points) |
| 45 | Lindenhurst | 14.5% (±4.5 points) |
| 46 | Ela Township | 13.5% (±2.2 points) |
| 47 | Beach Park | 13.2% (±3.8 points) |
Showing 13 of 71 places in Lake County, ranked from highest to lowest.
Gages 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 Gages Lake
How many renters are there in Gages Lake?
Gages Lake has an estimated 695 (±172) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Gages Lake?
In Gages Lake, the share of households that rent went from 18.3% in 2015–2019 to 17.0% in 2020–2024 (−1.3 percentage points), not a measurable change.
How big are renting households in Gages Lake?
A renting household in Gages Lake has 2.7 people on average, against 2.6 in an owned home.
How much do renters earn in Gages Lake?
The median renting household in Gages Lake, IL has an income of $57,083 (±$12,551) a year, against $119,295 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Gages Lake CDP, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Gages Lake CDP, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Gages Lake CDP, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Gages Lake CDP, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Gages Lake CDP, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Gages Lake CDP, Illinois (place:28248, 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.
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.
Figures last updated on .
Related
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- Population growth in Gages Lake
- How long people stay in Gages Lake
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- Illinois landlord and tenant rules
- Housing across Lake County
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- Housing data for every place in Illinois