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
| Lake Barrington | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 11.0% (±4.0 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 263 (±101) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 2,121 (±164) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.2 (±0.2) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 9.5% (±3.4 points) | 11.0% (±4.0 points) | +1.5 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Barrington | — | 11.0% (±4.0 points) | — |
| Cuba Township | 1.0 mi | 11.5% (±2.3 points) | Not measurably different |
| Tower Lakes | 1.4 mi | 3.1% (±3.9 points) | Lower |
| North Barrington | 2.1 mi | 1.9% (±1.6 points) | Lower |
| Fox River Grove | 2.5 mi | 12.6% (±8.3 points) | Not measurably different |
| Port Barrington | 2.7 mi | 3.0% (±2.7 points) | Lower |
| Cary | 4.1 mi | 15.2% (±4.0 points) | Not measurably different |
| Trout Valley | 4.3 mi | 1.7% (±2.3 points) | Lower |
| Lake Zurich | 4.3 mi | 22.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 47 | Beach Park | 13.2% (±3.8 points) |
| 48 | Winthrop Harbor | 12.7% (±4.1 points) |
| 49 (tie) | Grandwood Park | 12.6% (±4.7 points) |
| 49 (tie) | Round Lake Park | 12.6% (±4.9 points) |
| 51 | Cuba Township | 11.5% (±2.3 points) |
| 52 | Lake Forest | 11.2% (±2.6 points) |
| 53 | Lake Barrington | 11.0% (±4.0 points) |
| 54 | Hainesville | 10.5% (±5.7 points) |
| 55 | West Deerfield Township | 9.5% (±2.4 points) |
| 56 | Fox Lake Hills | 9.4% (±5.3 points) |
| 57 (tie) | Lake Bluff | 7.9% (±4.0 points) |
| 57 (tie) | Newport Township | 7.9% (±3.9 points) |
| 59 | Indian Creek | 7.7% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Barrington village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Barrington village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Barrington village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Barrington village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Barrington 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 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.
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
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- Median rent in Lake Barrington
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- Homeowner costs in Lake Barrington
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- Age of homes in Lake Barrington
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- Population growth in Lake Barrington
- How long people stay in Lake Barrington
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois