What is the median household income in Waukegan Township, IL?
The median household income in Waukegan Township, IL is $66,896 (±$2,733) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,135 a month would take about $45,400 a year at the common guideline of spending no more than 30% of income on rent.
In Waukegan Township, the median household income went from $45,477 in 2015–2019 to $66,896 in 2020–2024 (+47.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $66,896 (±$2,733)
- Median renter income
- $47,275 (±$2,767)
- Income to afford median rent
- about $45,400
Income in Waukegan Township against Lake County, its state and the nation
| Waukegan Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $66,896 (±$2,733) | $110,416 (±$1,747) | $83,390 (±$362) | $80,734 |
| Median renter household income | $47,275 (±$2,767) | $60,278 (±$2,115) | $50,420 (±$471) | $52,966 |
| Median owner household income | $86,012 (±$5,248) | $134,561 (±$2,098) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,135 (±$33) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
In Waukegan Township, median household income is lower than in Lake County ($110,416).
It is also lower than in Illinois ($83,390).
It is lower than the national figure ($80,734).
In Lake County, Waukegan Township ranks 66 of 71 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1611 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 Waukegan Township
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 $1,135 a month ($13,620 a year) needs an income of about $45,400 a year.
The median renting household in Waukegan Township earns $47,275 a year.
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 | $45,477 (±$1,732) | $66,896 (±$2,733) | +47.1% | Up after inflation |
| Median gross rent | $919 (±$17) | $1,135 (±$33) | +23.5% | No measurable change after inflation |
| Median home value | $120,200 (±$3,371) | $176,300 (±$5,471) | +46.7% | 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 Waukegan Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Waukegan Township | — | $66,896 (±$2,733) | — |
| Waukegan | 1.2 mi | $71,919 (±$3,861) | Higher |
| Park City | 2.7 mi | $60,171 (±$14,949) | Not measurably different |
| North Chicago | 4.0 mi | $60,172 (±$11,737) | Not measurably different |
| Benton Township (Lake County) | 4.1 mi | $82,995 (±$6,115) | Higher |
| Gurnee | 4.5 mi | $119,628 (±$7,873) | Higher |
| Beach Park | 4.9 mi | $85,664 (±$9,566) | Higher |
| Warren Township (Lake County) | 5.0 mi | $104,155 (±$4,195) | Higher |
| Zion | 5.9 mi | $63,104 (±$10,123) | Not measurably different |
Nearby places with a measurably higher figure: Waukegan, IL ($71,919), Benton Township (Lake County), IL ($82,995), Gurnee, IL ($119,628).
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 |
|---|---|---|
| 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) |
| 65 | Channel Lake | $68,250 (±$25,914) |
| 66 | Waukegan Township | $66,896 (±$2,733) |
| 67 (tie) | Zion | $63,104 (±$10,123) |
| 67 (tie) | Zion Township | $63,104 (±$10,123) |
| 69 | North Chicago | $60,172 (±$11,737) |
| 70 | Park City | $60,171 (±$14,949) |
| 71 | Round Lake Park | $55,813 (±$10,148) |
Showing 12 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 Waukegan Township
What is the median household income in Waukegan Township?
The median household income in Waukegan Township is $66,896 (±$2,733) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Waukegan Township?
About $45,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,135 a month.
Have incomes in Waukegan Township kept up with inflation?
In Waukegan Township, the median household income went from $45,477 in 2015–2019 to $66,896 in 2020–2024 (+47.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Waukegan Township?
The median renting household in Waukegan Township, IL earns $47,275 (±$2,767) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Waukegan township, Lake County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waukegan township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waukegan township, Lake County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waukegan township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waukegan township, Lake County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Waukegan township, Lake County, 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 Waukegan township, Lake County, Illinois (county subdivision:79306, in state:17 county:097).
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 .
Related
- Housing in Waukegan Township at a glance
- Median rent in Waukegan Township
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- Rent burden in Waukegan Township
- Renters and owners in Waukegan Township
- Home values in Waukegan Township
- Homeowner costs in Waukegan Township
- Property taxes in Waukegan Township
- Types of homes in Waukegan Township
- Bedrooms in Waukegan Township
- Age of homes in Waukegan Township
- Vacancy rate in Waukegan Township
- Heating fuel in Waukegan Township
- Commute and cars in Waukegan Township
- Population growth in Waukegan Township
- How long people stay in Waukegan Township
- Crowding and facilities in Waukegan Township
- Fair Market Rent in Waukegan Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by median household income
- Housing data for every place in Illinois