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Round Lake Park village, Illinois Demographics & Population 2026

As of 2026, Round Lake Park village, Illinois has a total population of 7,833, the 270th largest city in Illinois, with a median household income of $57,486, which is 30% lower than the state average. The poverty rate is 11.5%.

Key Takeaways

Round Lake Park village Quick Facts

Population 7,833
Median Household Income $57,486
Median Home Value $157,900
Poverty Rate 11.5%
Unemployment Rate 8.3%
Median Age 46.4 years
Homeownership Rate 86.5%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 16.3%
High School Graduation Rate 79.8%
Diversity Index 58/100
Population 7,833 270th of 1,445
Median Income $57,486 below average
Poverty Rate 11.5% 8% lower national
Median Home Value $157,900 above average

How Round Lake Park village Compares

Economy & Housing

Employment

8.3% Unemployment Rate State: 5.8% | National: 5.2%
51.2% Labor Force Participation

Housing Overview

Owner 86.5%
Renter 13.5%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Round Lake Park village Rankings in Illinois

#270 Population of 1,445
#938 Median Income of 1,445
#798 Education of 1,445
#472 Home Value of 1,445

Cities Similar to Round Lake Park village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Princeton city7,829$57,682$131,30025.3%15.8%
Broadview village7,898$60,139$240,60014.8%10.7%
Salem city7,341$57,083$99,80014.8%20.1%
Park City city7,631$62,875N/A13.7%12.1%
Paris city8,154$51,798$71,20016.7%11.5%

Population Overview

Round Lake Park village is a small city located in Illinois. The total population is 7,833. It ranks as the 270th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Round Lake Park village is 46.4 years. This is 19% higher than the state median of 38.9 years. 18.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Round Lake Park village is $57,486. This is 30% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 11.5%. This is 2% lower than the state poverty rate of 11.7%. The unemployment rate is 8.3%. This is 44% higher than the state rate of 5.8%. The median home value is $157,900. Housing costs are 37% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.7x, Round Lake Park village is one of the most affordable housing markets in the area. 86.5% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Round Lake Park village is White (non-Hispanic), making up 46.0% of the population. Hispanic or Latino residents account for 44.8%. The Black or African American population (1.8%) is well below the state average of 13.6%. The Hispanic or Latino population is significantly higher than the state average (44.8% vs 18.5%). The Asian population (0.8%) is well below the state average of 5.8%.

Education

16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.8%.

Data Sources & Methodology

All demographic data for Round Lake Park village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Round Lake Park village, Illinois?

Round Lake Park village, Illinois has a population of 7,833 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Round Lake Park village, IL?

The median household income in Round Lake Park village is $57,486, which is 27% lower the national median of $78,538.

What is the poverty rate in Round Lake Park village, IL?

The poverty rate in Round Lake Park village is 11.5%. This means approximately 897 residents live below the federal poverty line.

What is the racial makeup of Round Lake Park village, Illinois?

Round Lake Park village's population is 46.0% White, 1.8% Black, 44.8% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Round Lake Park village, IL?

The median home value in Round Lake Park village is $157,900. The home-value-to-income ratio is 2.7x.

How educated is Round Lake Park village, Illinois?

16.3% of adults (25+) in Round Lake Park village hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.