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)
| Grant Township (Lake County) | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 24.6% (±4.5 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 2,695 (±533) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 8,249 (±547) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.5% (±3.3 points) | 24.6% (±4.5 points) | +0.1 percentage points | Not 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)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Grant Township (Lake County) | — | 24.6% (±4.5 points) | — |
| Long Lake | 1.7 mi | 17.5% (±8.4 points) | Not measurably different |
| Volo | 2.8 mi | 18.0% (±10.1 points) | Not measurably different |
| Round Lake Heights | 3.0 mi | 23.7% (±8.8 points) | Not measurably different |
| Lakemoor | 3.0 mi | 34.9% (±8.7 points) | Higher |
| Pistakee Highlands | 3.4 mi | 10.4% (±5.3 points) | Lower |
| Fox Lake Hills | 3.5 mi | 9.4% (±5.3 points) | Lower |
| Round Lake | 3.5 mi | 22.8% (±6.5 points) | Not measurably different |
| Fox Lake | 4.2 mi | 32.1% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 14 | Libertyville Township | 26.9% (±2.1 points) |
| 15 | Warren Township (Lake County) | 26.7% (±1.7 points) |
| 16 | Deer Park | 26.5% (±6.6 points) |
| 17 | Vernon Township | 26.3% (±2.1 points) |
| 18 | Antioch | 26.1% (±4.3 points) |
| 19 | Lake Villa | 25.7% (±6.0 points) |
| 20 | Grant Township (Lake County) | 24.6% (±4.5 points) |
| 21 | Wauconda | 24.0% (±4.6 points) |
| 22 | Gurnee | 23.9% (±2.5 points) |
| 23 | Round Lake Heights | 23.7% (±8.8 points) |
| 24 | Round Lake | 22.8% (±6.5 points) |
| 25 | Avon Township | 22.4% (±2.3 points) |
| 26 (tie) | Knollwood | 22.2% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grant township, Lake County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Grant township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Grant township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grant township, Lake County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Grant township, Lake County, 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 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.
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
- Housing in Grant Township (Lake County) at a glance
- Median rent in Grant Township (Lake County)
- Rent by bedrooms in Grant Township (Lake County)
- Rent burden in Grant Township (Lake County)
- Income and affordability in Grant Township (Lake County)
- Home values in Grant Township (Lake County)
- Homeowner costs in Grant Township (Lake County)
- Property taxes in Grant Township (Lake County)
- Types of homes in Grant Township (Lake County)
- Bedrooms in Grant Township (Lake County)
- Age of homes in Grant Township (Lake County)
- Vacancy rate in Grant Township (Lake County)
- Heating fuel in Grant Township (Lake County)
- Commute and cars in Grant Township (Lake County)
- Population growth in Grant Township (Lake County)
- How long people stay in Grant Township (Lake County)
- Crowding and facilities in Grant Township (Lake County)
- Fair Market Rent in Grant Township (Lake County)
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois