What percentage of people rent in Park City, IL?

37.1% (±7.2 points) of the occupied homes in Park City, IL are rented (2020–2024 American Community Survey).

That is 1,019 renting households against 1,726 that own their home.

In Park City, the share of households that rent went from 53.0% in 2015–2019 to 37.1% in 2020–2024 (−15.9 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
37.1% (±7.2 points)
Renting households
1,019 (±231)
Median renter income
$48,157 (±$6,197)

Who rents and who owns in Park City

Tenure, estimate (90% margin of error)
Park CityLake CountyIllinoisUnited States
Renter-occupied share37.1% (±7.2 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households1,019 (±231)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households1,726 (±288)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size2.2 (±0.4)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size3.2 (±0.4)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$48,157 (±$6,197)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$65,659 (±$13,254)$134,561 (±$2,098)$103,505 (±$377)$100,009

In Park City, the renter share is higher than in Lake County (25.2%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Lake County, Park City ranks 8 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 235 of 2,751.

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

How renting in Park City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent53.0% (±6.9 points)37.1% (±7.2 points)−15.9 percentage pointsMeasurable decrease
Median gross rent$923 (±$43)$1,110 (±$49)+20.3%No measurable change after inflation
Median household income$51,082 (±$10,942)$60,171 (±$14,949)+17.8%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 Park City

Nearest places with a published estimate, compared with Park City
PlaceDistanceHouseholds that rentCompared with this place
Park City—37.1% (±7.2 points)—
Waukegan1.5 mi49.8% (±2.4 points)Higher
Gurnee2.5 mi23.9% (±2.5 points)Lower
Waukegan Township2.7 mi50.8% (±2.1 points)Higher
North Chicago3.1 mi67.4% (±3.7 points)Higher
Warren Township (Lake County)3.1 mi26.7% (±1.7 points)Lower
Green Oaks3.8 mi28.3% (±12.6 points)Not measurably different
Gages Lake4.6 mi17.0% (±3.8 points)Lower
Knollwood4.8 mi22.2% (±14.3 points)Not measurably different

Nearby places with a measurably lower figure: Gurnee, IL (23.9%), Warren Township (Lake County), IL (26.7%), Gages Lake, IL (17.0%).

Nearby places with a measurably higher figure: Waukegan, IL (49.8%), Waukegan Township, IL (50.8%), North Chicago, IL (67.4%).

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
2Old Mill Creek56.3% (±17.0 points)
3Waukegan Township50.8% (±2.1 points)
4Waukegan49.8% (±2.4 points)
5Highwood44.0% (±11.1 points)
6 (tie)Zion42.2% (±4.7 points)
6 (tie)Zion Township42.2% (±4.7 points)
8Park City37.1% (±7.2 points)
9Shields Township34.5% (±2.8 points)
10Vernon Hills32.5% (±3.2 points)
11Fox Lake32.1% (±6.1 points)
12Mundelein28.8% (±2.8 points)
13Green Oaks28.3% (±12.6 points)
14Libertyville Township26.9% (±2.1 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 Park City

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Questions about Park City

How many renters are there in Park City?

Park City has an estimated 1,019 (±231) renting households, 37.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Park City?

In Park City, the share of households that rent went from 53.0% in 2015–2019 to 37.1% in 2020–2024 (−15.9 percentage points), a measurable decrease.

How big are renting households in Park City?

A renting household in Park City has 2.2 people on average, against 3.2 in an owned home.

How much do renters earn in Park City?

The median renting household in Park City, IL has an income of $48,157 (±$6,197) a year, against $65,659 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 Park City city, Illinois (place:57654, 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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