If you're looking for Round Lake Heights Illinois car insurance, there are several factors to consider. Below, you will find information about the average household income, the number of cars in the household, and the language spoken. Knowing this information can help you get the best coverage for your budget. Also, keep in mind that you can reduce the amount of money you spend on Round Lake Heights car insurance by shopping around for the best policy.
Average household income in Round Lake Heights, IL
Around 99.2% of the people in Round Lake Heights, Illinois live in single-family homes. However, nearly one in ten households rent an apartment. In 2022, the average cost of a single-family home will be $227,168. In that same year, the average cost of a one-bedroom apartment will be $1,307 per month.
The median home value in Round Lake Heights is $164,600, which is approximately 0.716 times smaller than the national average. The homeownership rate in Round Lake Heights is 83%, which is higher than the national average of 64.4%. Residents of Round Lake Heights, IL drive alone to work on average, with a commute time of 39 minutes. The number of households with cars in Round Lake Heights is about the same as the national average, with two cars per household.
Round Lake Heights, IL residents earn an average of $64,266 annually, which is about $28,555 per year. Compared to the US median of $53,482, the average income in Round Lake Heights, IL is $15,288 higher than the national average.
Round Lake Heights, IL is a diverse city with an ethnically diverse population. Seventy percent of the population is White, while 10.5% is Asian and 5.3% is black. Hispanics account for 43.9% of the city's population. Sadly, 13.2% of the population lives below the poverty line. The child poverty rate is 21.9%, and 14.0% of households and families in Round Lake Heights are below the poverty line. Fortunately, the labor force is largely active, with 78.9% of the residents participating in some form of employment.
Around two thousand residents live in Round Lake Heights, Illinois. The city is a bit more family-centric than the surrounding county, with over 35% of households having children. The average household income is $77,146, which is higher than the average income in the county surrounding Round Lake Heights, IL.
The percentage of high-income households is 7.1% in Round Lake Heights, IL. This is slightly lower than the percentages in 60051, 60084, 60031, and 60046. The percentage of high-income households in Round Lake Heights is slightly lower than in Lake County and Hainesville, but is higher than in Round Lake Park and Round Lake Beach.
Average household size
The cost of Round Lake Heights car insurance depends on a variety of factors. For example, how much you earn per year will determine how much you will have to pay each month. The Census Bureau uses a money income threshold to determine how much a household should earn. The income thresholds vary depending on household size and composition, and if a family's income falls below the threshold, it is considered to live in poverty.
The average commute time for residents of Round Lake Heights, IL is 39.4 minutes, which is more than the national average of 30 minutes. Another factor to consider is how many vehicles are in a household. On average, residents of Round Lake Heights, IL own two cars.
The median household income in Round Lake Heights, IL is $74,286. This is lower than the national average of 93.4%, but it's higher than any other ethnicity. Also, the median age of residents in Round Lake Heights, IL is 31 years old.
The average household income in Round Lake Heights, Illinois is $74,286, which is higher than the median income of $64,994 in the U.S. The highest-paying industry in Round Lake Heights, IL is Finance & Insurance (60417), followed by Public Administration and Real Estate & Rental & Leasing.
Average household language
In Round Lake Heights, Illinois, the average age of residents is 31.4. This is lower than the national average of 93.4%, but higher than the foreign-born population's average age of 43. The majority of residents of Round Lake Heights are US citizens. Of those who are not citizens, the top foreign-born country is Mexico, which had 628,401 residents in 2020. Other foreign-born countries included India and Poland.
The median household income in Round Lake Heights, IL is $74,286. This is slightly higher than the national average of $64,994. The median household income in Round Lake Heights, IL is also higher than the Illinois average of $74,880. This chart shows how the median household income for Round Lake Heights, IL compares to the average income in the surrounding area.
The median property value in Round Lake Heights, IL is $164,600, which is 0.716 times smaller than the national average. The homeownership rate in Round Lake Heights, IL is 83%, which is higher than the national average of 64.4%. The average commute time for residents of Round Lake Heights, IL is 39.4 minutes, and the average car ownership rate is two cars per household.
Average number of cars per household in Round Lake Heights, IL
If you live in Round Lake Heights, you probably know that commuting by car takes an average of 38 minutes, and the percentage of workers who drive to work is higher than the national average. In fact, 40% of workers in Round Lake Heights drive to work, which means that public transit isn't widely used in the area.
In Round Lake Heights, IL, there are about 2,645 people living in households. The median age is 30.9, and the average household income is $78,950. Round Lake Heights, IL has a high percentage of home owners, with a home ownership rate of 82.9%. The average family size is 3.87. The unemployment rate is 8.2%.
This chart shows the percentage of households in Round Lake Heights, IL who use all modes of transportation, as well as the proportion of households that use different types of transportation. On the y-axis, the chart uses a logarithmic scale, which shows variations across smaller modes of commuting. Round Lake Heights, IL households own an average of two cars, with the largest percentage of households owning two vehicles.
The median property value in Round Lake Heights, IL was $164,600 in 2020. This is 0.716 times the national average. The average number of cars per household in Round Lake Heights, IL is 2 cars, which is similar to the national average. It also takes approximately 39 minutes to commute to work, on average.
If you're thinking about moving to Round Lake Heights, Illinois, make sure to consider the transportation options in the area. The city offers a variety of car rental options, from ride-sharing to taxi service. You can also compare the cost of taxi fares, rideshares, and airport transportation.