What percentage of people rent in Grayslake, IL?

21.8% (±3.3 points) of the occupied homes in Grayslake, IL are rented (2020–2024 American Community Survey).

That is 1,782 renting households against 6,383 that own their home.

In Grayslake, the share of households that rent went from 31.8% in 2015–2019 to 21.8% in 2020–2024 (−10.0 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
21.8% (±3.3 points)
Renting households
1,782 (±296)
Median renter income
$57,386 (±$8,580)

Who rents and who owns in Grayslake

Tenure, estimate (90% margin of error)
GrayslakeLake CountyIllinoisUnited States
Renter-occupied share21.8% (±3.3 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households1,782 (±296)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households6,383 (±313)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size2.0 (±0.2)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$57,386 (±$8,580)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$140,846 (±$10,907)$134,561 (±$2,098)$103,505 (±$377)$100,009

In Grayslake, 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, Grayslake ranks 28 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1080 of 2,751.

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

How renting in Grayslake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.8% (±2.9 points)21.8% (±3.3 points)−10.0 percentage pointsMeasurable decrease
Median gross rent$1,160 (±$74)$1,485 (±$177)+28.0%No measurable change after inflation
Median household income$97,265 (±$7,067)$113,972 (±$4,221)+17.2%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 Grayslake

Nearest places with a published estimate, compared with Grayslake
PlaceDistanceHouseholds that rentCompared with this place
Grayslake—21.8% (±3.3 points)—
Avon Township1.7 mi22.4% (±2.3 points)Not measurably different
Hainesville2.1 mi10.5% (±5.7 points)Lower
Third Lake2.4 mi0.9% (±1.3 points)Lower
Round Lake Park2.4 mi12.6% (±4.9 points)Lower
Gages Lake2.7 mi17.0% (±3.8 points)Not measurably different
Round Lake3.5 mi22.8% (±6.5 points)Not measurably different
Round Lake Beach3.7 mi20.7% (±3.6 points)Not measurably different
Grandwood Park4.2 mi12.6% (±4.7 points)Lower

Nearby places with a measurably lower figure: Hainesville, IL (10.5%), Third Lake, IL (0.9%), Round Lake Park, IL (12.6%).

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
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)
26 (tie)Lake Zurich22.2% (±4.4 points)
28 (tie)Grayslake21.8% (±3.3 points)
28 (tie)Lincolnshire21.8% (±5.2 points)
30 (tie)Round Lake Beach20.7% (±3.6 points)
30 (tie)Moraine Township20.7% (±2.6 points)
32Antioch Township20.4% (±3.0 points)
33Wauconda Township20.3% (±3.3 points)
34Buffalo Grove20.2% (±2.4 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 Grayslake

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Questions about Grayslake

How many renters are there in Grayslake?

Grayslake has an estimated 1,782 (±296) renting households, 21.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Grayslake?

In Grayslake, the share of households that rent went from 31.8% in 2015–2019 to 21.8% in 2020–2024 (−10.0 percentage points), a measurable decrease.

How big are renting households in Grayslake?

A renting household in Grayslake has 2.0 people on average, against 2.7 in an owned home.

How much do renters earn in Grayslake?

The median renting household in Grayslake, IL has an income of $57,386 (±$8,580) a year, against $140,846 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 Grayslake village, Illinois (place:31121, 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.

Figures last updated on .

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