HomeIllinoisLake CountyRound Lake village
Round Lake village, Illinois: commercial real estate data.
Round Lake village is a Census village of 18,628 people across 5.56 square miles of land, in Lake County. Median household income is $111,977, 77.2 percent of occupied homes are owned, and the SBA record carries 10 7(a) approvals to borrowers here worth $4.3 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Round Lake
What Round Lake is
- Census place typevillage
- Land area5.56 sq mi
- Water area0.16 sq mi
- Population per square mile of land3,351
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Round Lake
How many people live in Round Lake
- Population18,628
- Median age36.1
- Population under 185,252
- Share under 1828.2 percent
- Population 65 and over1,662 plus or minus 433
- Share 65 and over8.9 percent plus or minus 2.3
- Households6,430
- Family households4,505
- Share of households that are families70.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Round Lake
Income and work in Round Lake
- Median household income$111,977
- Per capita income$42,490
- Civilian labor force10,640
- Employed9,996
- Unemployed644 plus or minus 250
- Unemployment rate6.1 percent plus or minus 2.3
- Adults 25 and over11,996
- Adults 25 and over with a high school diploma or higher87.8 percent
- Adults 25 and over with a bachelor degree or higher41.5 percent
- Adults 25 and over with a graduate degree10.0 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Round Lake
Housing in Round Lake
- Housing units6,627
- Occupied units6,430
- Vacant units197 plus or minus 146
- Vacancy rate3.0 percent plus or minus 2.2
- Owner occupied4,967
- Renter occupied1,463 plus or minus 462
- Ownership rate77.2 percent
- Median owner-occupied home value$278,600
- Median gross rent, monthly$1,710
- Annual rent as a share of median income18.3 percent
- Single family units5,573
- Share single family84.1 percent
- Units in buildings of two or more832 plus or minus 281
- Share in buildings of two or more12.6 percent plus or minus 4.2
- Mobile homes213 plus or minus 73
- Median year structure built2003
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Round Lake
How Round Lake gets to work
- Workers 16 and over who commute8,111
- Commuting under 15 minutes1,009 plus or minus 343
- Share commuting under 15 minutes12.4 percent plus or minus 4.1
- Commuting 30 minutes or more4,335
- Share commuting 30 minutes or more53.4 percent
- Drove alone68.1 percent
- Carpooled11.2 percent plus or minus 3.8
- Public transport2.0 percent plus or minus 1.2
- Walked0.3 percent plus or minus 0.4
- Worked from home17.8 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Round Lake
SBA loans in Round Lake (7(a))
- Approvals10
- Gross approval$4,274,000
- Average approval$427,400
- Median approval$382,500
- Ninetieth percentile approval$1,452,000
- Largest approval$1,452,000
- Jobs supported51
- Jobs per approval5.1
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more30.0 percent
- Share to franchises20.0 percent
- Distinct lenders6
- Distinct industries by NAICS8
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Round Lake
SBA loans in Round Lake (504)
- Approvals4
- Gross approval$1,640,000
- Average approval$410,000
- Median approval$353,000
- Largest approval$820,000
- Jobs supported13
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Round Lake
Flood risk in Round Lake
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170388
- Currently effective map date02/17/16
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Lake County, not Round Lake
Lake County context, not Round Lake figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Round Lake measurements.
- Establishments in Lake County20,076
- Employment at those establishments, Lake County337,069
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Average weekly wage, Lake County$1,751
- Housing units permitted, Lake County1,042
- Of those, single family, Lake County531
- County product, 2024, Lake County$82,868,798,000
- County product change over the prior year, Lake County3.7 percent
- Average income of an arriving household, Lake County$132,863
Every figure in this section is published for Lake County as a whole and is not a measurement of Round Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Round Lake questions, answered from the record.
How many people live in Round Lake, Illinois?
18,628, in 6,430 households. Round Lake village covers 5.56 square miles of land, which is 3,351 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Round Lake in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Round Lake?
$111,977. The median owner-occupied home is valued at $278,600. Median gross rent is $1,710 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Round Lake businesses?
10 7(a) approvals totalling $4.3 m, across 6 lenders, median approval $382,500, plus 4 504 approvals worth $1.6 m. These count approvals to borrowers whose address is in Round Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Round Lake borrowers get paid back?
No rate is published for Round Lake. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Round Lake in the National Flood Insurance Program?
Yes. Round Lake appears in the FEMA Community Status Book as community 170388, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Round Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Round Lake.
Is zoning published for Round Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.