What percentage of people rent in Grant Township (Lake County), IL?

24.6% (±4.5 points) of the occupied homes in Grant Township (Lake County), IL are rented (2020–2024 American Community Survey).

That is 2,695 renting households against 8,249 that own their home.

In Grant Township (Lake County), the share of households that rent went from 24.5% in 2015–2019 to 24.6% in 2020–2024 (+0.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
24.6% (±4.5 points)
Renting households
2,695 (±533)
Median renter income
$50,885 (±$7,020)

Who rents and who owns in Grant Township (Lake County)

Tenure, estimate (90% margin of error)
Grant Township (Lake County)Lake CountyIllinoisUnited States
Renter-occupied share24.6% (±4.5 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households2,695 (±533)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households8,249 (±547)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size2.3 (±0.3)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.1)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$50,885 (±$7,020)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$115,056 (±$11,900)$134,561 (±$2,098)$103,505 (±$377)$100,009

In Grant Township (Lake County), 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, Grant Township (Lake County) ranks 20 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 856 of 2,751.

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

How renting in Grant Township (Lake County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.5% (±3.3 points)24.6% (±4.5 points)+0.1 percentage pointsNot a measurable change
Median gross rent$1,233 (±$67)$1,331 (±$145)+7.9%Down after inflation
Median household income$73,187 (±$4,643)$96,383 (±$9,391)+31.7%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 Grant Township (Lake County)

Nearest places with a published estimate, compared with Grant Township (Lake County)
PlaceDistanceHouseholds that rentCompared with this place
Grant Township (Lake County)—24.6% (±4.5 points)—
Long Lake1.7 mi17.5% (±8.4 points)Not measurably different
Volo2.8 mi18.0% (±10.1 points)Not measurably different
Round Lake Heights3.0 mi23.7% (±8.8 points)Not measurably different
Lakemoor3.0 mi34.9% (±8.7 points)Higher
Pistakee Highlands3.4 mi10.4% (±5.3 points)Lower
Fox Lake Hills3.5 mi9.4% (±5.3 points)Lower
Round Lake3.5 mi22.8% (±6.5 points)Not measurably different
Fox Lake4.2 mi32.1% (±6.1 points)Not measurably different

Nearby places with a measurably lower figure: Pistakee Highlands, IL (10.4%), Fox Lake Hills, IL (9.4%).

Nearby places with a measurably higher figure: Lakemoor, IL (34.9%).

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

RankPlaceHouseholds that rent
14Libertyville Township26.9% (±2.1 points)
15Warren Township (Lake County)26.7% (±1.7 points)
16Deer Park26.5% (±6.6 points)
17Vernon Township26.3% (±2.1 points)
18Antioch26.1% (±4.3 points)
19Lake Villa25.7% (±6.0 points)
20Grant Township (Lake County)24.6% (±4.5 points)
21Wauconda24.0% (±4.6 points)
22Gurnee23.9% (±2.5 points)
23Round Lake Heights23.7% (±8.8 points)
24Round Lake22.8% (±6.5 points)
25Avon Township22.4% (±2.3 points)
26 (tie)Knollwood22.2% (±14.3 points)

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

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Grant Township (Lake County)

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Grant Township (Lake County), save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Grant Township (Lake County) beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Grant Township (Lake County), and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Grant Township (Lake County)

How many renters are there in Grant Township (Lake County)?

Grant Township (Lake County) has an estimated 2,695 (±533) renting households, 24.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Grant Township (Lake County)?

In Grant Township (Lake County), the share of households that rent went from 24.5% in 2015–2019 to 24.6% in 2020–2024 (+0.1 percentage points), not a measurable change.

How big are renting households in Grant Township (Lake County)?

A renting household in Grant Township (Lake County) has 2.3 people on average, against 2.7 in an owned home.

How much do renters earn in Grant Township (Lake County)?

The median renting household in Grant Township (Lake County), IL has an income of $50,885 (±$7,020) a year, against $115,056 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 Grant township, Lake County, Illinois (county subdivision:30952, in state:17 county:097).

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.

Figures last updated on .

Related