HomeIllinoisLake CountyWaukegan
Waukegan, Illinois: commercial real estate data.
Waukegan is a Census city of 89,076 people across 24.26 square miles of land, in Lake County. Median household income is $71,919, 50.2 percent of occupied homes are owned, and the SBA record carries 51 7(a) approvals to borrowers here worth $61.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Waukegan
What Waukegan is
- Census place typecity
- Land area24.26 sq mi
- Water area0.26 sq mi
- Population per square mile of land3,672
- 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.
Waukegan
How many people live in Waukegan
- Population89,076
- Median age35.5
- Population under 1820,331
- Share under 1822.8 percent
- Population 65 and over10,770
- Share 65 and over12.1 percent
- Households32,042
- Family households21,338
- Share of households that are families66.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waukegan
Income and work in Waukegan
- Median household income$71,919
- Per capita income$33,249
- Civilian labor force48,260
- Employed45,192
- Unemployed3,068
- Unemployment rate6.4 percent
- Adults 25 and over59,026
- Adults 25 and over with a high school diploma or higher75.3 percent
- Adults 25 and over with a bachelor degree or higher20.9 percent
- Adults 25 and over with a graduate degree7.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waukegan
Housing in Waukegan
- Housing units33,229
- Occupied units32,042
- Vacant units1,187 plus or minus 366
- Vacancy rate3.6 percent plus or minus 1.1
- Owner occupied16,090
- Renter occupied15,952
- Ownership rate50.2 percent
- Median owner-occupied home value$190,900
- Median gross rent, monthly$1,205
- Annual rent as a share of median income20.1 percent
- Single family units19,479
- Share single family58.6 percent
- Units in buildings of two or more13,691
- Share in buildings of two or more41.2 percent
- Mobile homes59 plus or minus 50
- Median year structure built1967
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waukegan
How Waukegan gets to work
- Workers 16 and over who commute40,714
- Commuting under 15 minutes8,725
- Share commuting under 15 minutes21.4 percent
- Commuting 30 minutes or more15,335
- Share commuting 30 minutes or more37.7 percent
- Drove alone70.1 percent
- Carpooled16.1 percent
- Public transport2.1 percent plus or minus 0.7
- Walked0.9 percent plus or minus 0.4
- Worked from home7.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waukegan
SBA loans in Waukegan (7(a))
- Approvals51
- Gross approval$61,949,200
- Average approval$1,214,690
- Median approval$585,000
- Ninetieth percentile approval$3,400,000
- Largest approval$5,000,000
- Jobs supported869
- Jobs per approval17.0
- Loans with a final outcome9
- Paid in full8
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more43.1 percent
- Share to franchises21.6 percent
- Distinct lenders24
- Distinct industries by NAICS27
Counted by borrower city: approvals to borrowers whose address is in Waukegan, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waukegan
SBA loans in Waukegan (504)
- Approvals20
- Gross approval$19,793,000
- Average approval$989,650
- Median approval$777,000
- Largest approval$3,987,000
- Jobs supported311
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Waukegan, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waukegan
Flood risk in Waukegan
- NFIP communityCity of Waukegan
- NFIP community number170397
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/05/23
The City of Waukegan participates in the National Flood Insurance Program as community 170397 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Waukegan
Lake County context, not Waukegan figures
- Establishments in Lake County20,076
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Housing units permitted, Lake County1,042
Every figure in this section is published for Lake County as a whole and is not a measurement of Waukegan.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Waukegan questions, answered from the record.
How many people live in Waukegan, Illinois?
89,076, in 32,042 households. Waukegan city covers 24.26 square miles of land, which is 3,672 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waukegan 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 Waukegan?
$71,919. The median owner-occupied home is valued at $190,900. Median gross rent is $1,205 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waukegan businesses?
51 7(a) approvals totaling $61.9 m since FY2020, across 24 lenders, median approval $585,000, plus 20 504 approvals worth $19.8 m since FY2010. These count approvals to borrowers whose address is in Waukegan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waukegan borrowers get paid back?
No rate is published for Waukegan. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Waukegan in the National Flood Insurance Program?
Yes. Waukegan appears in the FEMA Community Status Book as Waukegan, city of, community 170397, 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 Waukegan figures?
No, and they are labeled 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 Waukegan.
Is zoning published for Waukegan?
No. Nothing on this page presents parcel level zoning.