What percentage of people rent in Lake Barrington, IL?

11.0% (±4.0 points) of the occupied homes in Lake Barrington, IL are rented (2020–2024 American Community Survey).

That is 263 renting households against 2,121 that own their home.

In Lake Barrington, the share of households that rent went from 9.5% in 2015–2019 to 11.0% in 2020–2024 (+1.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
11.0% (±4.0 points)
Renting households
263 (±101)
Median renter income
$63,348 (±$20,626)

Who rents and who owns in Lake Barrington

Tenure, estimate (90% margin of error)
Lake BarringtonLake CountyIllinoisUnited States
Renter-occupied share11.0% (±4.0 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households263 (±101)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households2,121 (±164)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size1.2 (±0.2)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size2.4 (±0.2)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$63,348 (±$20,626)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$163,958 (±$27,868)$134,561 (±$2,098)$103,505 (±$377)$100,009

In Lake Barrington, 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, Lake Barrington ranks 53 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 2019 of 2,751.

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

How renting in Lake Barrington has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent9.5% (±3.4 points)11.0% (±4.0 points)+1.5 percentage pointsNot a measurable change
Median household income$110,972 (±$16,486)$141,958 (±$20,420)+27.9%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 Lake Barrington

Nearest places with a published estimate, compared with Lake Barrington
PlaceDistanceHouseholds that rentCompared with this place
Lake Barrington—11.0% (±4.0 points)—
Cuba Township1.0 mi11.5% (±2.3 points)Not measurably different
Tower Lakes1.4 mi3.1% (±3.9 points)Lower
North Barrington2.1 mi1.9% (±1.6 points)Lower
Fox River Grove2.5 mi12.6% (±8.3 points)Not measurably different
Port Barrington2.7 mi3.0% (±2.7 points)Lower
Cary4.1 mi15.2% (±4.0 points)Not measurably different
Trout Valley4.3 mi1.7% (±2.3 points)Lower
Lake Zurich4.3 mi22.2% (±4.4 points)Higher

Nearby places with a measurably lower figure: Tower Lakes, IL (3.1%), North Barrington, IL (1.9%), Port Barrington, IL (3.0%).

Nearby places with a measurably higher figure: Lake Zurich, IL (22.2%).

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
47Beach Park13.2% (±3.8 points)
48Winthrop Harbor12.7% (±4.1 points)
49 (tie)Grandwood Park12.6% (±4.7 points)
49 (tie)Round Lake Park12.6% (±4.9 points)
51Cuba Township11.5% (±2.3 points)
52Lake Forest11.2% (±2.6 points)
53Lake Barrington11.0% (±4.0 points)
54Hainesville10.5% (±5.7 points)
55West Deerfield Township9.5% (±2.4 points)
56Fox Lake Hills9.4% (±5.3 points)
57 (tie)Lake Bluff7.9% (±4.0 points)
57 (tie)Newport Township7.9% (±3.9 points)
59Indian Creek7.7% (±6.0 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 Lake Barrington

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Questions about Lake Barrington

How many renters are there in Lake Barrington?

Lake Barrington has an estimated 263 (±101) renting households, 11.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Barrington?

In Lake Barrington, the share of households that rent went from 9.5% in 2015–2019 to 11.0% in 2020–2024 (+1.5 percentage points), not a measurable change.

How big are renting households in Lake Barrington?

A renting household in Lake Barrington has 1.2 people on average, against 2.4 in an owned home.

How much do renters earn in Lake Barrington?

The median renting household in Lake Barrington, IL has an income of $63,348 (±$20,626) a year, against $163,958 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 Lake Barrington village, Illinois (place:40884, 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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