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
| Grayslake | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.8% (±3.3 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 1,782 (±296) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 6,383 (±313) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 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 | $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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.8% (±2.9 points) | 21.8% (±3.3 points) | −10.0 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Grayslake | — | 21.8% (±3.3 points) | — |
| Avon Township | 1.7 mi | 22.4% (±2.3 points) | Not measurably different |
| Hainesville | 2.1 mi | 10.5% (±5.7 points) | Lower |
| Third Lake | 2.4 mi | 0.9% (±1.3 points) | Lower |
| Round Lake Park | 2.4 mi | 12.6% (±4.9 points) | Lower |
| Gages Lake | 2.7 mi | 17.0% (±3.8 points) | Not measurably different |
| Round Lake | 3.5 mi | 22.8% (±6.5 points) | Not measurably different |
| Round Lake Beach | 3.7 mi | 20.7% (±3.6 points) | Not measurably different |
| Grandwood Park | 4.2 mi | 12.6% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 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) |
| 26 (tie) | Lake Zurich | 22.2% (±4.4 points) |
| 28 (tie) | Grayslake | 21.8% (±3.3 points) |
| 28 (tie) | Lincolnshire | 21.8% (±5.2 points) |
| 30 (tie) | Round Lake Beach | 20.7% (±3.6 points) |
| 30 (tie) | Moraine Township | 20.7% (±2.6 points) |
| 32 | Antioch Township | 20.4% (±3.0 points) |
| 33 | Wauconda Township | 20.3% (±3.3 points) |
| 34 | Buffalo Grove | 20.2% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grayslake village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Grayslake village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Grayslake village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grayslake village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Grayslake village, 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 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.
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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