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ZipNumbers

Illinois · Census place 66027

Round Lake village, IL

Quick answer

Round Lake village has 18,588 residents, ranking #133 of 1462 places in Illinois. Median household income is $108,965, the median home is worth $257,400 and median gross rent runs $1,494 a month.

Population
18,588Round Lake village residents
Median household income
$108,965Past 12 months, inflation adjusted
Median home value
$257,400Owner-occupied units
Median gross rent
$1,494Rent plus utilities, monthly
Median age
36.7 yrsAll residents
Homeownership rate
79.4%Owner-occupied households

What the numbers mean in Round Lake village

Housing cost measured against local earnings.

A household earning the Round Lake village median would spend about 16.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9% of residents and 79.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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