How many renters in Island Lake, IL pay more than 30% of their income on rent?
49.4% (±18.9 points) of renting households in Island Lake, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
37.9% spend 35% or more.
The median renting household spends 29.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 49.4% (±18.9 points)
- Paying 35% or more
- 37.9% (±16.6 points)
- Median share of income
- 29.8% (±7.4 points)
Rent as a share of income in Island Lake
| Share of income spent on rent | Island Lake | McHenry County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 6.7% (±6.9 points) | 12.9% | 14.4% | 12.6% |
| 15% to 19.9% | 5.3% (±5.7 points) | 13.1% | 13.4% | 12.2% |
| 20% to 24.9% | 24.9% (±23.4 points) | 12.4% | 13.1% | 12.6% |
| 25% to 29.9% | 13.8% (±11.8 points) | 11.1% | 11.2% | 11.5% |
| 30% to 34.9% | 11.5% (±9.1 points) | 12.5% | 8.9% | 9.2% |
| 35% or more | 37.9% (±16.6 points) | 38.1% | 39.0% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Island Lake against McHenry County, its state and the nation
| Island Lake | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 49.4% (±18.9 points) | 50.6% (±3.7 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 37.9% (±16.6 points) | 38.1% (±3.1 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 29.8% (±7.4 points) | 30.2% (±1.3 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $69,375 (±$13,285) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,874 (±$208) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
In Island Lake, the share of renters paying 30% or more of income is not measurably different from McHenry County (50.6%).
It is not measurably different from Illinois (47.9%).
It is not measurably different from the national figure (51.1%).
In McHenry County, Island Lake ranks 25 of 45 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 803 of 2,503.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Island Lake
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Island Lake | — | 49.4% (±18.9 points) | — |
| Wauconda Township | 1.8 mi | 29.0% (±8.9 points) | Not measurably different |
| Holiday Hills | 1.9 mi | 69.3% (±51.8 points) | Not measurably different |
| Port Barrington | 2.4 mi | 62.5% (±91.3 points) | Not measurably different |
| Oakwood Hills | 2.9 mi | 50.0% (±25.6 points) | Not measurably different |
| Wauconda | 3.3 mi | 30.9% (±10.7 points) | Not measurably different |
| Prairie Grove | 3.6 mi | 45.8% (±37.4 points) | Not measurably different |
| Nunda Township | 3.8 mi | 48.8% (±9.7 points) | Not measurably different |
| Volo | 4.2 mi | 23.3% (±24.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across McHenry County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 19 | Crystal Lake | 51.6% (±9.3 points) |
| 20 | Lakemoor | 51.3% (±19.0 points) |
| 21 | McHenry | 50.8% (±9.5 points) |
| 22 | McHenry Township | 50.4% (±10.6 points) |
| 23 | Lake in the Hills | 50.3% (±12.2 points) |
| 24 | Oakwood Hills | 50.0% (±25.6 points) |
| 25 | Island Lake | 49.4% (±18.9 points) |
| 26 | Chemung Township | 49.3% (±17.5 points) |
| 27 | Nunda Township | 48.8% (±9.7 points) |
| 28 | Prairie Grove | 45.8% (±37.4 points) |
| 29 | Algonquin | 45.5% (±12.7 points) |
| 30 (tie) | Huntley | 44.8% (±19.3 points) |
| 30 (tie) | Lakewood | 44.8% (±80.9 points) |
Showing 13 of 45 places in McHenry County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Island Lake
Are renters in Island Lake rent-burdened?
49.4% of renting households in Island Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Island Lake spend on rent?
The median renting household in Island Lake, IL spends 29.8% (±7.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Island Lake village, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Island Lake village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Island Lake village, Illinois
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 Island Lake village, Illinois (place:37894, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Median rent in Island Lake
- Rent by bedrooms in Island Lake
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- Income and affordability in Island Lake
- Home values in Island Lake
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- Property taxes in Island Lake
- Types of homes in Island Lake
- Bedrooms in Island Lake
- Age of homes in Island Lake
- Heating fuel in Island Lake
- Commute and cars in Island Lake
- Population growth in Island Lake
- How long people stay in Island Lake
- Crowding and facilities in Island Lake
- Fair Market Rent in Island Lake
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois