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
| Park City | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.1% (±7.2 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 1,019 (±231) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 1,726 (±288) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.2 (±0.4) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.2 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 53.0% (±6.9 points) | 37.1% (±7.2 points) | −15.9 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Park City | — | 37.1% (±7.2 points) | — |
| Waukegan | 1.5 mi | 49.8% (±2.4 points) | Higher |
| Gurnee | 2.5 mi | 23.9% (±2.5 points) | Lower |
| Waukegan Township | 2.7 mi | 50.8% (±2.1 points) | Higher |
| North Chicago | 3.1 mi | 67.4% (±3.7 points) | Higher |
| Warren Township (Lake County) | 3.1 mi | 26.7% (±1.7 points) | Lower |
| Green Oaks | 3.8 mi | 28.3% (±12.6 points) | Not measurably different |
| Gages Lake | 4.6 mi | 17.0% (±3.8 points) | Lower |
| Knollwood | 4.8 mi | 22.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Old Mill Creek | 56.3% (±17.0 points) |
| 3 | Waukegan Township | 50.8% (±2.1 points) |
| 4 | Waukegan | 49.8% (±2.4 points) |
| 5 | Highwood | 44.0% (±11.1 points) |
| 6 (tie) | Zion | 42.2% (±4.7 points) |
| 6 (tie) | Zion Township | 42.2% (±4.7 points) |
| 8 | Park City | 37.1% (±7.2 points) |
| 9 | Shields Township | 34.5% (±2.8 points) |
| 10 | Vernon Hills | 32.5% (±3.2 points) |
| 11 | Fox Lake | 32.1% (±6.1 points) |
| 12 | Mundelein | 28.8% (±2.8 points) |
| 13 | Green Oaks | 28.3% (±12.6 points) |
| 14 | Libertyville Township | 26.9% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Park City city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Park City city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Park City city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Park City city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Park City city, 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 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.
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
- Housing in Park City at a glance
- Median rent in Park City
- Rent by bedrooms in Park City
- Rent burden in Park City
- Income and affordability in Park City
- Homeowner costs in Park City
- Property taxes in Park City
- Types of homes in Park City
- Bedrooms in Park City
- Age of homes in Park City
- Vacancy rate in Park City
- Heating fuel in Park City
- Commute and cars in Park City
- Population growth in Park City
- How long people stay in Park City
- Crowding and facilities in Park City
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois