Builders Patch | HousingCount Lake County affordable housing data.
Lake County
Summary
30.9% share of renter households
41.5% share of low-income households
47.0% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households |
% share |
| Renter households |
8,133 |
| Homeowner households |
18,174 |
| Total households |
26,307 |
Low-income renter households
| Households |
% share |
| Extremely low-income (≤30% AMI) |
1,371 |
| Very low-income (31-50% AMI) |
623 |
| Low-income (51-80% AMI) |
1,383 |
| All low-income households (<80% AMI) |
3,377 |
Rent-burdened households
| Share of income spent on rent |
Households |
% share |
| Moderately rent-burdened |
1,922 |
23.6% |
| 30.0–34.9% |
513 |
6.3% |
| 35.0–39.9% |
732 |
9.0% |
| 40.0-49.9% |
677 |
8.3% |
| Severely rent-burdened |
1,901 |
23.4% |
| ≥50.0% |
1,901 |
23.4% |
| All rent-burdened households |
3,823 |
47.0% |
Affordable housing shortage
Rent vs median household income
Median household income
| Amount ($) |
Year |
| 23,243 |
2010 |
| 39,555 |
2021 |
| Increase (2010–2021) |
70.2% |
Median rent
| Amount ($) |
Year |
| 645 |
2010 |
| 898 |
2021 |
| Increase (2010–2021) |
39.2% |
Affordable housing stock
| Units |
Supply (current stock) |
Demand (total units needed) |
Shortage |
supply/demand ratio |
|
3,757 |
1,978 |
-379 |
189.9% |