What percentage of people rent in Round Lake, IL?
22.8% (±6.5 points) of the occupied homes in Round Lake, IL are rented (2020–2024 American Community Survey).
That is 1,463 renting households against 4,967 that own their home.
In Round Lake, the share of households that rent went from 21.8% in 2015–2019 to 22.8% in 2020–2024 (+1.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 22.8% (±6.5 points)
- Renting households
- 1,463 (±462)
- Median renter income
- $54,663 (±$33,159)
Who rents and who owns in Round Lake
| Round Lake | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.8% (±6.5 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 1,463 (±462) | 65,052 (±1,537) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 4,967 (±447) | 193,403 (±1,802) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.1 (±0.4) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.2) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $54,663 (±$33,159) | $60,278 (±$2,115) | $50,420 (±$471) | $52,966 |
| Median owner household income | $127,149 (±$11,982) | $134,561 (±$2,098) | $103,505 (±$377) | $100,009 |
In Round Lake, the renter share is not measurably different from 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 ranks 24 of 71 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 999 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Round Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.8% (±4.3 points) | 22.8% (±6.5 points) | +1.0 percentage points | Not a measurable change |
| Median gross rent | $1,274 (±$129) | $1,710 (±$311) | +34.2% | No measurable change after inflation |
| Median household income | $82,521 (±$6,396) | $111,977 (±$8,917) | +35.7% | 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Round Lake | — | 22.8% (±6.5 points) | — |
| Round Lake Park | 1.1 mi | 12.6% (±4.9 points) | Lower |
| Hainesville | 1.5 mi | 10.5% (±5.7 points) | Lower |
| Long Lake | 2.4 mi | 17.5% (±8.4 points) | Not measurably different |
| Avon Township | 2.5 mi | 22.4% (±2.3 points) | Not measurably different |
| Round Lake Heights | 2.9 mi | 23.7% (±8.8 points) | Not measurably different |
| Round Lake Beach | 2.9 mi | 20.7% (±3.6 points) | Not measurably different |
| Volo | 3.0 mi | 18.0% (±10.1 points) | Not measurably different |
| Grayslake | 3.5 mi | 21.8% (±3.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Round Lake Park, IL (12.6%), Hainesville, IL (10.5%).
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 |
|---|---|---|
| 18 | Antioch | 26.1% (±4.3 points) |
| 19 | Lake Villa | 25.7% (±6.0 points) |
| 20 | Grant Township (Lake County) | 24.6% (±4.5 points) |
| 21 | Wauconda | 24.0% (±4.6 points) |
| 22 | Gurnee | 23.9% (±2.5 points) |
| 23 | Round Lake Heights | 23.7% (±8.8 points) |
| 24 | Round Lake | 22.8% (±6.5 points) |
| 25 | Avon Township | 22.4% (±2.3 points) |
| 26 (tie) | Knollwood | 22.2% (±14.3 points) |
| 26 (tie) | Lake Zurich | 22.2% (±4.4 points) |
| 28 (tie) | Grayslake | 21.8% (±3.3 points) |
| 28 (tie) | Lincolnshire | 21.8% (±5.2 points) |
| 30 (tie) | Round Lake Beach | 20.7% (±3.6 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
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Questions about Round Lake
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).
Is renting growing in Round Lake?
In Round Lake, the share of households that rent went from 21.8% in 2015–2019 to 22.8% in 2020–2024 (+1.0 percentage points), not a measurable change.
How big are renting households in Round Lake?
A renting household in Round Lake has 2.1 people on average, against 3.1 in an owned home.
How much do renters earn in Round Lake?
The median renting household in Round Lake, IL has an income of $54,663 (±$33,159) a year, against $127,149 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Round Lake village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Round Lake village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Round Lake village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Round Lake 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 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 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 Round Lake at a glance
- Median rent in Round Lake
- Rent by bedrooms in Round Lake
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- Income and affordability in Round Lake
- Home values in Round Lake
- Homeowner costs in Round Lake
- Property taxes in Round Lake
- Types of homes in Round Lake
- Bedrooms in Round Lake
- Age of homes in Round Lake
- Heating fuel in Round Lake
- Commute and cars in Round Lake
- Population growth in Round Lake
- How long people stay in Round Lake
- Crowding and facilities in Round Lake
- Fair Market Rent in Round Lake
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois