What is the median household income in Round Lake Beach, IL?
The median household income in Round Lake Beach, IL is $86,059 (±$12,585) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,543 a month would take about $61,700 a year at the common guideline of spending no more than 30% of income on rent.
In Round Lake Beach, the median household income went from $70,474 in 2015–2019 to $86,059 in 2020–2024 (+22.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $86,059 (±$12,585)
- Median renter income
- $49,127 (±$18,022)
- Income to afford median rent
- about $61,700
Income in Round Lake Beach against Lake County, its state and the nation
| Round Lake Beach | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $86,059 (±$12,585) | $110,416 (±$1,747) | $83,390 (±$362) | $80,734 |
| Median renter household income | $49,127 (±$18,022) | $60,278 (±$2,115) | $50,420 (±$471) | $52,966 |
| Median owner household income | $100,778 (±$8,680) | $134,561 (±$2,098) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,543 (±$131) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
In Round Lake Beach, median household income is lower than in Lake County ($110,416).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Lake County, Round Lake Beach ranks 58 of 71 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 876 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Round Lake Beach
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,543 a month ($18,516 a year) needs an income of about $61,700 a year.
The median renting household in Round Lake Beach earns $49,127 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $70,474 (±$2,237) | $86,059 (±$12,585) | +22.1% | No measurable change after inflation |
| Median gross rent | $1,334 (±$56) | $1,543 (±$131) | +15.7% | No measurable change after inflation |
| Median home value | $142,900 (±$5,286) | $199,200 (±$8,928) | +39.4% | Up 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.
Median household income in places near Round Lake Beach
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Round Lake Beach | — | $86,059 (±$12,585) | — |
| Round Lake Heights | 1.3 mi | $78,986 (±$10,067) | Not measurably different |
| Avon Township | 2.1 mi | $97,925 (±$4,647) | Not measurably different |
| Lake Villa Township | 2.3 mi | $119,947 (±$3,899) | Higher |
| Venetian Village | 2.4 mi | $79,273 (±$19,412) | Not measurably different |
| Lake Villa | 2.4 mi | $118,750 (±$14,941) | Higher |
| Long Lake | 2.5 mi | $104,621 (±$12,727) | Higher |
| Round Lake Park | 2.9 mi | $55,813 (±$10,148) | Lower |
| Round Lake | 2.9 mi | $111,977 (±$8,917) | Higher |
Nearby places with a measurably lower figure: Round Lake Park, IL ($55,813).
Nearby places with a measurably higher figure: Lake Villa Township, IL ($119,947), Lake Villa, IL ($118,750), Long Lake, IL ($104,621).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lake County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 52 | Gages Lake | $103,318 (±$7,164) |
| 53 | Antioch Township | $101,932 (±$4,673) |
| 54 | Avon Township | $97,925 (±$4,647) |
| 55 | Grant Township (Lake County) | $96,383 (±$9,391) |
| 56 | Forest Lake | $96,250 (±$13,206) |
| 57 | Winthrop Harbor | $95,690 (±$10,617) |
| 58 | Round Lake Beach | $86,059 (±$12,585) |
| 59 | Beach Park | $85,664 (±$9,566) |
| 60 | Benton Township (Lake County) | $82,995 (±$6,115) |
| 61 | Venetian Village | $79,273 (±$19,412) |
| 62 | Round Lake Heights | $78,986 (±$10,067) |
| 63 | Waukegan | $71,919 (±$3,861) |
| 64 | Fox Lake | $70,819 (±$9,787) |
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 Round Lake Beach
What is the median household income in Round Lake Beach?
The median household income in Round Lake Beach is $86,059 (±$12,585) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Round Lake Beach?
About $61,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,543 a month.
Have incomes in Round Lake Beach kept up with inflation?
In Round Lake Beach, the median household income went from $70,474 in 2015–2019 to $86,059 in 2020–2024 (+22.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Round Lake Beach?
The median renting household in Round Lake Beach, IL earns $49,127 (±$18,022) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Round Lake Beach village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Round Lake Beach village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Round Lake Beach village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Round Lake Beach village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Round Lake Beach village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Round Lake Beach village, 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 Round Lake Beach village, Illinois (place:66040, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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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