What percentage of people rent in Round Lake Park, IL?

12.6% (±4.9 points) of the occupied homes in Round Lake Park, IL are rented (2020–2024 American Community Survey).

That is 405 renting households against 2,808 that own their home.

In Round Lake Park, the share of households that rent went from 15.6% in 2015–2019 to 12.6% in 2020–2024 (−3.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
12.6% (±4.9 points)
Renting households
405 (±150)
Median renter income
$63,589 (±$19,408)

Who rents and who owns in Round Lake Park

Tenure, estimate (90% margin of error)
Round Lake ParkLake CountyIllinoisUnited States
Renter-occupied share12.6% (±4.9 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households405 (±150)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households2,808 (±369)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size3.4 (±0.7)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size2.3 (±0.2)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$63,589 (±$19,408)$60,278 (±$2,115)$50,420 (±$471)$52,966
Median owner household income$54,167 (±$9,868)$134,561 (±$2,098)$103,505 (±$377)$100,009

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

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Lake County, Round Lake Park ranks 50 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1899 of 2,751.

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

How renting in Round Lake Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent15.6% (±4.3 points)12.6% (±4.9 points)−3.0 percentage pointsNot a measurable change
Median gross rent$1,198 (±$112)$1,402 (±$161)+17.0%No measurable change after inflation
Median household income$47,179 (±$4,337)$55,813 (±$10,148)+18.3%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 Round Lake Park

Nearest places with a published estimate, compared with Round Lake Park
PlaceDistanceHouseholds that rentCompared with this place
Round Lake Park—12.6% (±4.9 points)—
Hainesville0.5 mi10.5% (±5.7 points)Not measurably different
Round Lake1.1 mi22.8% (±6.5 points)Higher
Avon Township1.7 mi22.4% (±2.3 points)Higher
Grayslake2.4 mi21.8% (±3.3 points)Higher
Round Lake Beach2.9 mi20.7% (±3.6 points)Higher
Long Lake3.2 mi17.5% (±8.4 points)Not measurably different
Round Lake Heights3.3 mi23.7% (±8.8 points)Higher
Volo4.0 mi18.0% (±10.1 points)Not measurably different

Nearby places with a measurably higher figure: Round Lake, IL (22.8%), Avon Township, IL (22.4%), Grayslake, IL (21.8%).

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
44Lake Villa Township15.0% (±2.0 points)
45Lindenhurst14.5% (±4.5 points)
46Ela Township13.5% (±2.2 points)
47Beach Park13.2% (±3.8 points)
48Winthrop Harbor12.7% (±4.1 points)
49 (tie)Grandwood Park12.6% (±4.7 points)
49 (tie)Round Lake Park12.6% (±4.9 points)
51Cuba Township11.5% (±2.3 points)
52Lake Forest11.2% (±2.6 points)
53Lake Barrington11.0% (±4.0 points)
54Hainesville10.5% (±5.7 points)
55West Deerfield Township9.5% (±2.4 points)
56Fox Lake Hills9.4% (±5.3 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 Round Lake Park

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Questions about Round Lake Park

How many renters are there in Round Lake Park?

Round Lake Park has an estimated 405 (±150) renting households, 12.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Round Lake Park?

In Round Lake Park, the share of households that rent went from 15.6% in 2015–2019 to 12.6% in 2020–2024 (−3.0 percentage points), not a measurable change.

How big are renting households in Round Lake Park?

A renting household in Round Lake Park has 3.4 people on average, against 2.3 in an owned home.

How much do renters earn in Round Lake Park?

The median renting household in Round Lake Park, IL has an income of $63,589 (±$19,408) a year, against $54,167 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 Round Lake Park village, Illinois (place:66066, 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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