What percentage of people rent in Lake Villa Township, IL?

15.0% (±2.0 points) of the occupied homes in Lake Villa Township, IL are rented (2020–2024 American Community Survey).

That is 2,048 renting households against 11,644 that own their home.

In Lake Villa Township, the share of households that rent went from 17.3% in 2015–2019 to 15.0% in 2020–2024 (−2.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
15.0% (±2.0 points)
Renting households
2,048 (±303)
Median renter income
$84,457 (±$11,809)

Who rents and who owns in Lake Villa Township

Tenure, estimate (90% margin of error)
Lake Villa TownshipLake CountyIllinoisUnited States
Renter-occupied share15.0% (±2.0 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households2,048 (±303)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households11,644 (±470)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size2.5 (±0.3)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size3.0 (±0.1)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$84,457 (±$11,809)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$125,783 (±$7,249)$134,561 (±$2,098)$103,505 (±$377)$100,009

In Lake Villa Township, 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 Villa Township ranks 44 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1691 of 2,751.

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

How renting in Lake Villa Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent17.3% (±1.9 points)15.0% (±2.0 points)−2.3 percentage pointsNot a measurable change
Median gross rent$1,302 (±$87)$1,666 (±$93)+28.0%No measurable change after inflation
Median household income$98,241 (±$3,403)$119,947 (±$3,899)+22.1%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 Villa Township

Nearest places with a published estimate, compared with Lake Villa Township
PlaceDistanceHouseholds that rentCompared with this place
Lake Villa Township—15.0% (±2.0 points)—
Venetian Village1.0 mi16.2% (±9.0 points)Not measurably different
Lake Villa1.1 mi25.7% (±6.0 points)Higher
Lindenhurst1.9 mi14.5% (±4.5 points)Not measurably different
Round Lake Beach2.3 mi20.7% (±3.6 points)Higher
Round Lake Heights2.9 mi23.7% (±8.8 points)Not measurably different
Fox Lake Hills3.2 mi9.4% (±5.3 points)Not measurably different
Avon Township3.8 mi22.4% (±2.3 points)Higher
Grandwood Park4.0 mi12.6% (±4.7 points)Not measurably different

Nearby places with a measurably higher figure: Lake Villa, IL (25.7%), Round Lake Beach, IL (20.7%), Avon Township, IL (22.4%).

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
38 (tie)Deerfield17.5% (±3.3 points)
38 (tie)Long Lake17.5% (±8.4 points)
40Benton Township (Lake County)17.3% (±4.4 points)
41Gages Lake17.0% (±3.8 points)
42 (tie)Highland Park16.2% (±2.4 points)
42 (tie)Venetian Village16.2% (±9.0 points)
44Lake Villa Township15.0% (±2.0 points)
45Lindenhurst14.5% (±4.5 points)
46Ela Township13.5% (±2.2 points)
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)

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 Villa Township

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Questions about Lake Villa Township

How many renters are there in Lake Villa Township?

Lake Villa Township has an estimated 2,048 (±303) renting households, 15.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Villa Township?

In Lake Villa Township, the share of households that rent went from 17.3% in 2015–2019 to 15.0% in 2020–2024 (−2.3 percentage points), not a measurable change.

How big are renting households in Lake Villa Township?

A renting household in Lake Villa Township has 2.5 people on average, against 3.0 in an owned home.

How much do renters earn in Lake Villa Township?

The median renting household in Lake Villa Township, IL has an income of $84,457 (±$11,809) a year, against $125,783 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 Villa township, Lake County, Illinois (county subdivision:41599, in state:17 county:097).

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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