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

Tenure, estimate (90% margin of error)
Round LakeLake CountyIllinoisUnited States
Renter-occupied share22.8% (±6.5 points)25.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households1,463 (±462)65,052 (±1,537)1,657,539 (±10,322)45,017,354
Owning households4,967 (±447)193,403 (±1,802)3,378,910 (±14,728)84,210,142
Average renter household size2.1 (±0.4)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size3.1 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent21.8% (±4.3 points)22.8% (±6.5 points)+1.0 percentage pointsNot 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

Nearest places with a published estimate, compared with Round Lake
PlaceDistanceHouseholds that rentCompared with this place
Round Lake—22.8% (±6.5 points)—
Round Lake Park1.1 mi12.6% (±4.9 points)Lower
Hainesville1.5 mi10.5% (±5.7 points)Lower
Long Lake2.4 mi17.5% (±8.4 points)Not measurably different
Avon Township2.5 mi22.4% (±2.3 points)Not measurably different
Round Lake Heights2.9 mi23.7% (±8.8 points)Not measurably different
Round Lake Beach2.9 mi20.7% (±3.6 points)Not measurably different
Volo3.0 mi18.0% (±10.1 points)Not measurably different
Grayslake3.5 mi21.8% (±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

RankPlaceHouseholds that rent
18Antioch26.1% (±4.3 points)
19Lake Villa25.7% (±6.0 points)
20Grant Township (Lake County)24.6% (±4.5 points)
21Wauconda24.0% (±4.6 points)
22Gurnee23.9% (±2.5 points)
23Round Lake Heights23.7% (±8.8 points)
24Round Lake22.8% (±6.5 points)
25Avon Township22.4% (±2.3 points)
26 (tie)Knollwood22.2% (±14.3 points)
26 (tie)Lake Zurich22.2% (±4.4 points)
28 (tie)Grayslake21.8% (±3.3 points)
28 (tie)Lincolnshire21.8% (±5.2 points)
30 (tie)Round Lake Beach20.7% (±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

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.

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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