Lake County, IL — Market Snapshot
Real estate market data for Lake County, Illinois. Census demographics, rental trends, and economic indicators for investors and developers.
Population
711,885
ACS 2023Median Household Income
$122,839
ACS 2023Renter-Occupied
26%
ACS 2023Median Rent
$1,490/mo
ACS 2023Source: U.S. Census Bureau, American Community Survey 2023
Population & Income Profile
Age Distribution
Household Income Distribution
🔒 Unlock full income breakdown
See complete distribution + ZIP-level income mapping
Explore Dashboard →Source: U.S. Census Bureau, American Community Survey 2023
Housing Affordability
Affordability Label
Affordable (3-4x)
ACS 2023Price-to-Income Ratio
4.1x
Redfin SFR ÷ FRED Per Capita IncomeAt 4.1x price-to-income, Lake County sits in the moderate affordability range.
Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).
Housing Market Overview
Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.
Home Price Index
Lake County HPI
185.9
FRED Q4 2025Since 2020
+54.5% ↑
vs. 2020 baseline“Lake County home values have appreciated 54.5% since 2020, outpacing the Illinois statewide average of 54.1%.”
Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.
Investment Analysis
Powered by siftAO
Market Tier
Grade and score are always visible. Factor breakdown requires a free account.
See the full factor breakdown before deciding on this market.
Full Neal Bawa factor breakdown, income screening, unemployment analysis, and ZIP-level signals.
Economic Indicators
▲ +33.6% since 2020
State Overview
Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.
Nearby Markets
Ready to go deeper on Lake County?
Get ZIP-level demographics, census tract maps, vacancy rates, rent trends, and full investor screening — all in one dashboard.