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Round Lake Park, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Round Lake Park, Illinois had a total population of 7,919, the 269th largest village in Illinois, with a median household income of $55,813, which is 33% lower than the state average. The poverty rate is 8.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Round Lake Park Quick Facts

Population 7,919
Median Household Income $55,813
Median Home Value $164,900
Poverty Rate 8.7%
Unemployment Rate 8.6%
Median Age 50.0 years
Homeownership Rate 87.4%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 16.5%
High School Graduation Rate 78.4%
Diversity Index 56/100
Population 7,919 269th of 1,445
Median Income $55,813 bottom 30%
Poverty Rate 8.7% 30% lower than national
Median Home Value $164,900 above average

How Round Lake Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,8337,919+1.1%
Median household income$57,486$55,813-2.9%
Median home value$157,900$164,900+4.4%

How Round Lake Park Compares

Economy & Housing

Household Income Distribution

Under $25K 15.6%
$25K-$50K 30.5%
$50K-$100K 37.0%
$100K+ 16.9%
Detailed income brackets
Under $10K
2.3%
$10K-$15K
2.8%
$15K-$20K
3.7%
$20K-$25K
6.7%
$25K-$30K
8.1%
$30K-$35K
4.3%
$35K-$40K
4.5%
$40K-$45K
3.9%
$45K-$50K
9.8%
$50K-$60K
7.2%
$60K-$75K
14.7%
$75K-$100K
15.2%
$100K-$125K
8.0%
$125K-$150K
3.4%
$150K-$200K
2.9%
$200K+
2.5%

Employment

8.6% Unemployment Rate State: 5.8%|National: 5.2%
48.2% Labor Force Participation

Housing Overview

Owner 87.4%
Renter 12.6%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,402/mo 30.1% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

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

State average: 61 | National average: 61

Education

Round Lake Park Rankings in Illinois

#269 Population of 1,445
#1032 Median Income of 1,374
#796 Education of 1,444
#464 Home Value of 1,372

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Waukegan 89,076 $71,919 15.3% $190,900
Mundelein 31,915 $108,340 8.2% $309,700
North Chicago 30,643 $60,172 24.5% $159,600
Gurnee 30,510 $119,628 5.2% $344,300
Highland Park 30,398 $168,094 4.2% $607,300
Round Lake Beach 27,079 $86,059 14.8% $199,200
Vernon Hills 26,876 $121,943 6.1% $412,300
Zion 24,600 $63,104 16.0% $183,800
Grayslake 20,929 $113,972 6.3% $309,500
Libertyville 20,525 $165,667 4.2% $512,000

Cities Similar to Round Lake Park

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Park City7,827$60,171$57,40018.0%9.6%
Princeton7,975$61,946$134,70026.3%12.7%
Silvis7,955$62,375$161,60016.3%15.4%
Paris8,276$53,927$75,70016.8%12.5%
Broadview7,896$64,697$252,20017.8%9.4%

Population Overview

Round Lake Park is a small city located in Illinois, within Lake County. The total population is 7,919. It ranks as the 269th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Round Lake Park is 50.0 years. This is 28% higher than the state median of 39.0 years. 19.9% 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 is $55,813. This is 33% lower than the state median of $83,390. It is also 31% lower than the national median of $80,734. The poverty rate stands at 8.7%. This is 27% lower than the state poverty rate of 11.8%. The unemployment rate is 8.6%. This is 48% higher than the state rate of 5.8%. The median home value is $164,900. Housing costs are 37% lower than the state median of $263,300. The home-value-to-income ratio is 3.0x. 87.4% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Round Lake Park is Hispanic or Latino, making up 49.5% of the population. White (non-Hispanic) residents account for 43.9%. The Black or African American population (0.8%) is well below the state average of 13.3%. The Hispanic or Latino population is significantly higher than the state average (49.5% vs 18.8%). The Asian population (0.8%) is well below the state average of 5.9%.

Education

16.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.4%.

Data Sources & Methodology

All demographic data for Round Lake Park, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Round Lake Park, Illinois?

Round Lake Park, Illinois has a population of 7,919 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Round Lake Park is $55,813, which is 31% lower than the national median of $80,734.

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

The poverty rate in Round Lake Park is 8.7%. This means approximately 686 residents live below the federal poverty line.

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

Round Lake Park's population is 43.9% White, 0.8% Black, 49.5% Hispanic/Latino, and 0.8% Asian.

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

The median home value in Round Lake Park is $164,900. The home-value-to-income ratio is 3.0x.

How educated is Round Lake Park, Illinois?

16.5% of adults (25+) in Round Lake Park hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.