Grayslake, IL Profile: Facts & Data

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Grayslake, Illinois - Basic Facts

The Village of Grayslake had a population of 21,192 as of July 1, 2019. Grayslake ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Grayslake is located at latitude 42.3445 and longitude -88.0417 in Lake County. The formal boundaries for the Village of Grayslake encompass a land area of 9.87 sq. miles and a water area of 0.21 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 787 feet.

The Village of Grayslake (GNIS ID: 2398198) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Grayslake is located within Township of Avon, a minor civil division (MCD) of Lake County.

Alternate Unofficial Names for Grayslake: Grays Lake, Greyslake.

Jump to... (On This Page!)
  1. Grayslake 2019 Demographic Data
  2. Growth Rates for Grayslake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Grayslake, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Grayslake, IL Housing Affordability Index is 153
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Grayslake, IL Wealth Index is 154
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 21,192
Population in Households 21,163
Population in Families 18,280
Population in Group Qrtrs 29
Population Density 1,929
Diversity Index1 48
 

INCOME

Median Household Income $93,578
Average Household Income $117,910
Per Capita Income $44,051
Wealth Index3 154

HOUSING

Total Housing Units 8,442 (100%)
Owner Occupied HU 6,038 (71.5%)
Renter Occupied HU 1,878 (22.2%)
Vacant Housing Units 527 ( 6.2%)
Median Home Value $246,533
Housing Affordability Index2 153
 

HOUSEHOLDS

Total Households 7,915
Average Household Size 2.67
Family Households 5,723
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.05% -0.17%
Households 0.11% -0.1%
Families -0.02% -0.21%
Median Household Income   2.04%
Per Capita Income   2.56%

Grayslake, IL - Peer Comparisons by Rank and Percentile

The table below compares Grayslake to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 118 91st
Population Density # 279 80th
Diversity Index # 206 85th
Median Household Income # 122 91st
Per Capita Income # 123 91st

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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