What percentage of people rent in Rolling Meadows, IL?
28.2% (±4.1 points) of the occupied homes in Rolling Meadows, IL are rented (2020–2024 American Community Survey).
That is 2,632 renting households against 6,704 that own their home.
In Rolling Meadows, the share of households that rent went from 31.2% in 2015–2019 to 28.2% in 2020–2024 (−3.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 28.2% (±4.1 points)
- Renting households
- 2,632 (±431)
- Median renter income
- $71,386 (±$20,378)
Who rents and who owns in Rolling Meadows
| Rolling Meadows | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 28.2% (±4.1 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 2,632 (±431) | 887,660 (±6,720) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 6,704 (±429) | 1,212,570 (±7,287) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.5 (±0.2) | 2.1 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $71,386 (±$20,378) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median owner household income | $110,944 (±$7,327) | $108,804 (±$833) | $103,505 (±$377) | $100,009 |
In Rolling Meadows, the renter share is lower than in Cook County (42.3%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Cook County, Rolling Meadows ranks 61 of 148 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 617 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Rolling Meadows has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.2% (±2.9 points) | 28.2% (±4.1 points) | −3.0 percentage points | Not a measurable change |
| Median gross rent | $1,378 (±$108) | $1,607 (±$127) | +16.6% | No measurable change after inflation |
| Median household income | $74,134 (±$5,066) | $98,514 (±$6,968) | +32.9% | 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 Rolling Meadows
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rolling Meadows | — | 28.2% (±4.1 points) | — |
| Arlington Heights | 2.7 mi | 26.0% (±2.0 points) | Not measurably different |
| Palatine | 3.0 mi | 32.6% (±2.2 points) | Not measurably different |
| Palatine Township | 3.2 mi | 31.5% (±1.6 points) | Not measurably different |
| Elk Grove Township | 4.0 mi | 37.5% (±2.1 points) | Higher |
| Schaumburg | 4.4 mi | 37.1% (±2.2 points) | Higher |
| Schaumburg Township | 4.6 mi | 30.7% (±1.8 points) | Not measurably different |
| Mount Prospect | 4.6 mi | 31.3% (±2.3 points) | Not measurably different |
| Inverness | 4.8 mi | 1.8% (±1.9 points) | Lower |
Nearby places with a measurably lower figure: Inverness, IL (1.8%).
Nearby places with a measurably higher figure: Elk Grove Township, IL (37.5%), Schaumburg, IL (37.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cook County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 55 | Palatine Township | 31.5% (±1.6 points) |
| 56 | Mount Prospect | 31.3% (±2.3 points) |
| 57 (tie) | Proviso Township | 30.7% (±1.5 points) |
| 57 (tie) | Schaumburg Township | 30.7% (±1.8 points) |
| 59 | Northlake | 29.4% (±5.1 points) |
| 60 | Hickory Hills | 28.9% (±4.3 points) |
| 61 | Rolling Meadows | 28.2% (±4.1 points) |
| 62 | Lansing | 28.1% (±4.0 points) |
| 63 | Countryside | 28.0% (±6.7 points) |
| 64 | Bloom Township | 27.9% (±2.2 points) |
| 65 | La Grange Park | 27.8% (±4.5 points) |
| 66 | Dolton | 27.4% (±4.6 points) |
| 67 | Merrionette Park | 27.0% (±10.3 points) |
Showing 13 of 148 places in Cook 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 Rolling Meadows
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Questions about Rolling Meadows
How many renters are there in Rolling Meadows?
Rolling Meadows has an estimated 2,632 (±431) renting households, 28.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Rolling Meadows?
In Rolling Meadows, the share of households that rent went from 31.2% in 2015–2019 to 28.2% in 2020–2024 (−3.0 percentage points), not a measurable change.
How big are renting households in Rolling Meadows?
A renting household in Rolling Meadows has 2.5 people on average, against 2.6 in an owned home.
How much do renters earn in Rolling Meadows?
The median renting household in Rolling Meadows, IL has an income of $71,386 (±$20,378) a year, against $110,944 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rolling Meadows city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rolling Meadows city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rolling Meadows city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rolling Meadows city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rolling Meadows 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 Rolling Meadows city, Illinois (place:65338, 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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- Population growth in Rolling Meadows
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- Fair Market Rent in Rolling Meadows
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois