Housing data for Round Lake, IL
Round Lake, IL has an estimated 18,628 residents and 6,627 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Lake County.
22.8% of households rent.
The median gross rent is $1,710 a month.
Its population grew measurably since 2015–2019 (+1.5%).
Figures last updated on .
- Residents
- 18,628 (±37)
- Housing units
- 6,627 (±409)
- Households that rent
- 22.8%
- Median gross rent
- $1,710
- Residents since 2015–2019
- +1.5%
What stands out in Round Lake
Homes built before 1980: 14.4% (±4.5 points) in Round Lake, lower than in Lake County (46.2%).
Homes in buildings of 5 or more units: 10.2% (±3.9 points) in Round Lake, lower than in Lake County (15.6%).
Households without a vehicle: 1.6% (±1.0 points) in Round Lake, lower than in Lake County (4.6%).
Median home value: $278,600 (±$18,603) in Round Lake, lower than in Lake County ($345,700).
- Age of homes in Round Lake
- Types of homes in Round Lake
- Commute and cars in Round Lake
- Home values in Round Lake
Housing in Round Lake at a glance
- Median rent: $1,710 median gross rent a month
- Rent by bedrooms: $1,638 median gross rent, 2 bedrooms
- Rent burden: 55.5% of renters pay 30% or more of income
- Renters and owners: 22.8% of households rent
- Income and affordability: $111,977 median household income
- Home values: $278,600 median home value
- Homeowner costs: $2,229 median monthly cost with a mortgage
- Property taxes: $7,860 median real estate taxes a year
- Types of homes: 10.2% of homes are in buildings of 5 or more units
- Bedrooms: 61.1% of homes have 3 or more bedrooms
- Age of homes: 14.4% of homes were built before 1980
- Vacancy rate: 6.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 92.5% heat with utility gas
- Commute and cars: 31.3 minutes average trip to work
- Growth: +1.5% residents since 2015–2019
- How long people stay: 24.4% moved in since 2020
- Crowding and facilities: 1.5% of homes have more than 1 person per room
- Fair Market Rent: $2,150 Small Area FMR, 2 bedrooms (ZIP 60073)
Round Lake against Lake County, its state and the nation
| Round Lake | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 18,628 (±37) | 714,223 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 6,627 (±409) | 270,618 (±167) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 22.8% (±6.5 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,710 (±$311) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Median household income | $111,977 (±$8,917) | $110,416 (±$1,747) | $83,390 (±$362) | $80,734 |
| Median home value | $278,600 (±$18,603) | $345,700 (±$3,502) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $7,860 (±$680) | $8,923 (±$108) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 14.4% (±4.5 points) | 46.2% (±0.9 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 31.3 minutes (±2.0) | 28.5 minutes (±0.4) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 98.1% (±1.1 points) | 94.3% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 36.1 years (±2.3) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Round Lake covers 5.6 square miles of land, about 3,350 residents per square mile (Census Bureau Gazetteer).
How Round Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 18,349 (±38) | 18,628 (±37) | +1.5% | Measurable increase |
| Housing units | 5,966 (±273) | 6,627 (±409) | +11.1% | Measurable increase |
| Median gross rent | $1,274 (±$129) | $1,710 (±$311) | +34.2% | No measurable change after inflation |
| Median home value | $197,800 (±$9,466) | $278,600 (±$18,603) | +40.8% | Up after inflation |
| Median household income | $82,521 (±$6,396) | $111,977 (±$8,917) | +35.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,938 (±$76) | $2,229 (±$95) | +15.0% | Down after inflation |
| Median real estate taxes | $7,148 (±$373) | $7,860 (±$680) | +10.0% | Down after inflation |
| Households that rent | 21.8% (±4.3 points) | 22.8% (±6.5 points) | +1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 2.3% (±3.6 points) | 6.0% (±8.2 points) | +3.7 percentage points | Not a measurable change |
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.
Crime reported to police in Lake County
Round Lake has no police department of its own in the FBI’s figures, so this is the figure for Lake County as a whole.
In 2025, the police departments that report for Lake County recorded 125 violent and 746 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Round Lake
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60073 | 29% | 62,868 | $1,615 | $231,200 | $98,514 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Round Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Round Lake Park | 1.1 mi | $1,402 | $164,900 | 12.6% |
| Hainesville | 1.5 mi | $1,225 | $210,500 | 10.5% |
| Long Lake | 2.4 mi | $1,530 | $220,100 | 17.5% |
| Avon Township | 2.5 mi | $1,510 | $230,900 | 22.4% |
| Round Lake Heights | 2.9 mi | $1,453 | $216,800 | 23.7% |
| Round Lake Beach | 2.9 mi | $1,543 | $199,200 | 20.7% |
| Volo | 3.0 mi | $2,169 | $319,700 | 18.0% |
| Grayslake | 3.5 mi | $1,485 | $309,500 | 21.8% |
Places in Illinois most like Round Lake
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Yorkville | $1,662 | $335,300 | $108,513 | 20.2% |
| Bristol Township | $1,901 | $333,800 | $109,481 | 19.6% |
| Montgomery | $1,984 | $299,500 | $103,734 | 20.7% |
| Lake in the Hills | $1,689 | $321,900 | $117,151 | 15.6% |
| Romeoville | $1,886 | $257,100 | $106,325 | 19.3% |
| South Elgin | $1,640 | $339,100 | $127,203 | 20.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Round Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Round Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
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 Round Lake
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Round Lake beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Round Lake, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Round Lake, and send estimates and invoices from your phone.
Questions about Round Lake
What is the average rent in Round Lake, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Round Lake is $1,710 (±$311) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Round Lake?
The median gross rent for a one-bedroom home in Round Lake, IL is $1,394 (±$246) a month (2020–2024 American Community Survey).
Are renters in Round Lake rent-burdened?
55.5% of renting households in Round Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Round Lake?
Round Lake has an estimated 1,463 (±462) renting households, 22.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Round Lake?
The median household income in Round Lake is $111,977 (±$8,917) a year (2020–2024 American Community Survey).
What is the average home value in Round Lake, IL?
The Census Bureau publishes the median: $278,600 (±$18,603) for owner-occupied homes in Round Lake (2020–2024 American Community Survey).
Is Round Lake growing?
In Round Lake, the number of residents went from 18,349 in 2015–2019 to 18,628 in 2020–2024 (+1.5%), a measurable increase.
What ZIP codes are in Round Lake?
The ZIP code that covers Round Lake is 60073.
What is the median rent in ZIP code 60073?
The median gross rent in ZIP Code Tabulation Area 60073 is $1,615 (±$125) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Round Lake village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Round Lake village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Round Lake village, Illinois (place:66027, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .