What percentage of people rent in Lake in the Hills, IL?

15.6% (±2.9 points) of the occupied homes in Lake in the Hills, IL are rented (2020–2024 American Community Survey).

That is 1,512 renting households against 8,180 that own their home.

In Lake in the Hills, the share of households that rent went from 18.0% in 2015–2019 to 15.6% in 2020–2024 (−2.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
15.6% (±2.9 points)
Renting households
1,512 (±279)
Median renter income
$59,796 (±$11,747)

Who rents and who owns in Lake in the Hills

Tenure, estimate (90% margin of error)
Lake in the HillsMcHenry CountyIllinoisUnited States
Renter-occupied share15.6% (±2.9 points)17.3% (±1.0 points)32.9% (±0.2 points)34.8%
Renting households1,512 (±279)20,335 (±1,135)1,657,539 (±10,322)45,017,354
Owning households8,180 (±419)97,259 (±1,207)3,378,910 (±14,728)84,210,142
Average renter household size2.6 (±0.3)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size3.0 (±0.1)2.7 (±0.0)2.6 (±0.0)2.6
Median renter household income$59,796 (±$11,747)$56,791 (±$4,428)$50,420 (±$471)$52,966
Median owner household income$126,364 (±$11,461)$118,391 (±$2,446)$103,505 (±$377)$100,009

In Lake in the Hills, the renter share is not measurably different from McHenry County (17.3%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In McHenry County, Lake in the Hills ranks 21 of 46 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1628 of 2,751.

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

How renting in Lake in the Hills has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.0% (±2.7 points)15.6% (±2.9 points)−2.4 percentage pointsNot a measurable change
Median gross rent$1,409 (±$77)$1,689 (±$127)+19.9%No measurable change after inflation
Median household income$92,872 (±$3,145)$117,151 (±$4,438)+26.1%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 in the Hills

Nearest places with a published estimate, compared with Lake in the Hills
PlaceDistanceHouseholds that rentCompared with this place
Lake in the Hills—15.6% (±2.9 points)—
Algonquin1.4 mi11.8% (±2.3 points)Lower
Algonquin Township2.4 mi17.9% (±2.0 points)Not measurably different
Trout Valley3.5 mi1.7% (±2.3 points)Lower
Crystal Lake3.8 mi22.4% (±2.8 points)Higher
Cary4.1 mi15.2% (±4.0 points)Not measurably different
Carpentersville4.1 mi28.5% (±3.3 points)Higher
Lakewood4.8 mi3.3% (±3.1 points)Lower
Dundee Township4.8 mi27.8% (±2.2 points)Higher

Nearby places with a measurably lower figure: Algonquin, IL (11.8%), Trout Valley, IL (1.7%), Lakewood, IL (3.3%).

Nearby places with a measurably higher figure: Crystal Lake, IL (22.4%), Carpentersville, IL (28.5%), Dundee Township, IL (27.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across McHenry County, place by place

RankPlaceHouseholds that rent
15Hebron Township22.1% (±7.4 points)
16Dunham Township18.8% (±15.5 points)
17Algonquin Township17.9% (±2.0 points)
18Nunda Township17.7% (±2.3 points)
19Island Lake17.3% (±5.7 points)
20McHenry Township17.0% (±2.5 points)
21Lake in the Hills15.6% (±2.9 points)
22Cary15.2% (±4.0 points)
23Greenwood Township (McHenry County)13.6% (±3.6 points)
24Fox River Grove12.6% (±8.3 points)
25Union12.4% (±10.1 points)
26Coral Township12.2% (±10.7 points)
27Algonquin11.8% (±2.3 points)

Showing 13 of 46 places in McHenry 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 in the Hills

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Questions about Lake in the Hills

How many renters are there in Lake in the Hills?

Lake in the Hills has an estimated 1,512 (±279) renting households, 15.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake in the Hills?

In Lake in the Hills, the share of households that rent went from 18.0% in 2015–2019 to 15.6% in 2020–2024 (−2.4 percentage points), not a measurable change.

How big are renting households in Lake in the Hills?

A renting household in Lake in the Hills has 2.6 people on average, against 3.0 in an owned home.

How much do renters earn in Lake in the Hills?

The median renting household in Lake in the Hills, IL has an income of $59,796 (±$11,747) a year, against $126,364 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 in the Hills village, Illinois (place:41183, 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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