What percentage of people rent in Grandwood Park, IL?

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

12.6% (±4.7 points) of the occupied homes in Grandwood Park, IL are rented (2020–2024 American Community Survey).

That is 247 renting households against 1,719 that own their home.

In Grandwood Park, the share of households that rent went from 16.7% in 2015–2019 to 12.6% in 2020–2024 (−4.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 12.6% (±4.7 points)
Renting households: 247 (±92)
Median renter income: $57,057 (±$8,461)

Who rents and who owns in Grandwood Park

Tenure, estimate (90% margin of error)
	Grandwood Park	Lake County	Illinois	United States
Renter-occupied share	12.6% (±4.7 points)	25.2% (±0.6 points)	32.9% (±0.2 points)	34.8%
Renting households	247 (±92)	65,052 (±1,537)	1,657,539 (±10,322)	45,017,354
Owning households	1,719 (±295)	193,403 (±1,802)	3,378,910 (±14,728)	84,210,142
Average renter household size	1.9 (±0.4)	2.3 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.8 (±0.3)	2.8 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$57,057 (±$8,461)	$60,278 (±$2,115)	$50,420 (±$471)	$52,966
Median owner household income	$144,922 (±$42,813)	$134,561 (±$2,098)	$103,505 (±$377)	$100,009

In Grandwood Park, 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, Grandwood Park ranks 49 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1898 of 2,751.

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

How renting in Grandwood Park 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	16.7% (±5.0 points)	12.6% (±4.7 points)	−4.1 percentage points	Not a measurable change
Median gross rent	$1,504 (±$247)	$1,836 (±$275)	+22.1%	No measurable change after inflation
Median household income	$117,989 (±$14,917)	$126,736 (±$26,204)	+7.4%	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 Grandwood Park

Nearest places with a published estimate, compared with Grandwood Park
Place	Distance	Households that rent	Compared with this place
Grandwood Park	—	12.6% (±4.7 points)	—
Third Lake	1.8 mi	0.9% (±1.3 points)	Lower
Warren Township (Lake County)	2.6 mi	26.7% (±1.7 points)	Higher
Lindenhurst	2.6 mi	14.5% (±4.5 points)	Not measurably different
Gages Lake	2.8 mi	17.0% (±3.8 points)	Not measurably different
Old Mill Creek	2.9 mi	56.3% (±17.0 points)	Higher
Venetian Village	3.0 mi	16.2% (±9.0 points)	Not measurably different
Gurnee	3.1 mi	23.9% (±2.5 points)	Higher
Lake Villa Township	4.0 mi	15.0% (±2.0 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%), Old Mill Creek, IL (56.3%), Gurnee, IL (23.9%).

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
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)
48	Winthrop Harbor	12.7% (±4.1 points)
49 (tie)	Grandwood Park	12.6% (±4.7 points)
49 (tie)	Round Lake Park	12.6% (±4.9 points)
51	Cuba Township	11.5% (±2.3 points)
52	Lake Forest	11.2% (±2.6 points)
53	Lake Barrington	11.0% (±4.0 points)
54	Hainesville	10.5% (±5.7 points)
55	West Deerfield Township	9.5% (±2.4 points)

Showing 13 of 71 places in Lake County, ranked from highest to lowest.

Grandwood Park 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 Grandwood Park

How many renters are there in Grandwood Park?

Grandwood Park has an estimated 247 (±92) renting households, 12.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Grandwood Park?

In Grandwood Park, the share of households that rent went from 16.7% in 2015–2019 to 12.6% in 2020–2024 (−4.1 percentage points), not a measurable change.

How big are renting households in Grandwood Park?

A renting household in Grandwood Park has 1.9 people on average, against 2.8 in an owned home.

How much do renters earn in Grandwood Park?

The median renting household in Grandwood Park, IL has an income of $57,057 (±$8,461) a year, against $144,922 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 Grandwood Park CDP, Illinois (place:30900, 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.