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Round Lake, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
18,628
Population
$111,977
Median Income
$278,600
Home Value
36.1
Median Age

Demographics

Round Lake has a population of 18,628 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
49.7%
Hispanic
35.8%
Asian
12.3%
Black
4.1%
Demographic Value
Total Population18,628
Median Age36.1
White49.7%
Black or African American4.1%
Asian12.3%
Hispanic or Latino35.8%
Round Lake, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.White: 48.8%Hispanic/Latino: 35.1%Asian: 12.1%Black: 4.0%18,628PopulationWhiteWhite48.8%Hispanic/LatinoHispanic/Latino35.1%AsianAsian12.1%BlackBlack4.0%

Income & Economy

The median household income in Round Lake is $111,977, which is 38.9% above the national median of $80,610. The per capita income is $42,490. The poverty rate is 9.0%.

$111,977
Median Household Income
$42,490
Per Capita Income
9.0%
Poverty Rate

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Education

In Round Lake, 87.8% of residents age 25+ have a high school diploma or higher, and 41.5% hold a bachelor's degree or higher (10.0% with a graduate or professional degree).

HS Diploma+
87.8%
Bachelor's+
41.5%
Graduate+
10.0%
Education Level % of Adults (25+)
High School Diploma or Higher87.8%
Bachelor's Degree or Higher41.5%
Graduate or Professional Degree10.0%

Housing

The median home value in Round Lake is $278,600, below the national median of $303,400. The median monthly rent is $1,710. The homeownership rate is 77.2%.

$278,600
Median Home Value
$1,710/mo
Median Rent
77.2%
Homeownership Rate
Housing Metric Value
Median Home Value$278,600
Median Monthly Rent$1,710
Homeownership Rate77.2%
Vacancy Rate3.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Round Lake, Illinois?
The population of Round Lake, Illinois is 18,628 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Round Lake, Illinois?
The median household income in Round Lake, Illinois is $111,977. This is 38.9% above the national median of $80,610.
What is the median home value in Round Lake, Illinois?
The median home value in Round Lake, Illinois is $278,600. The median monthly rent is $1,710.
What percentage of people in Round Lake have a college degree?
In Round Lake, Illinois, 41.5% of adults age 25 and older hold a bachelor's degree or higher, and 87.8% have a high school diploma or higher.
Is Round Lake, Illinois an affordable place to live?
The home price-to-income ratio in Round Lake, Illinois is 2.5x (median home value $278,600 vs. median income $111,977), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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