City

Grayslake, IL

1 ZIP code  ·  Lake County  ·  Illinois

👥35,579Population
💰$104,920Median HH Income▲ 37% above avg
🎂40.9Median Age
🏠$276,800Median Home Value≈ Avg
🎓60.2%College Grads▲ 55% above avg
📊5.3%Unemployment▲ 8% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.6% Female 49.4% ♀

Race & Ethnicity

White: 73.6%Hispanic: 11%Black: 6.9%Asian: 3.9%Other: 4.6%Race
White73.6%
Hispanic11.0%
Black6.9%
Asian3.9%
Other4.6%

Age Breakdown

Under 5
6%
5–17
15%
18–24
9%
25–44
25%
45–64
27%
65+
9%

Key Indicators

Median Age40.9 yrs
Avg HH Size2.49
Below Poverty5.2% ▼ 48% below avg
College Grads60.2% ▲ 55% above avg
Unemployment5.3% ▲ 8% above avg
No HS Diploma102 (0.4%)
HS Graduate4,293 (17.8%)
Some College2,205 (9.1%)
Associates2,994 (12.4%)
Bachelors2,601 (10.8%)
Graduate Degree11,914 (49.4%)

Education

No HS: 0.4%HS Grad: 17.8%Some College: 9.1%Associates: 12.4%Bachelors: 10.8%Graduate: 49.4%Edu
No HS0.4%
HS Grad17.8%
Some College9.1%
Associates12.4%
Bachelors10.8%
Graduate49.4%
Housing & Income

Housing Tenure

Owner: 82.7%Renter: 17.3%Tenure
Owner82.7%
Renter17.3%

Home Value Distribution

Under $50k
4%
$50k–$100k
1%
$100k–$150k
5%
$150k–$200k
12%
$200k–$300k
37%
$300k–$500k
36%
Over $500k
5%

Financials

Median HH Income$104,920 ▲ 37% above avg
Median Home Value$276,800 ≈ Avg
Home/Income Ratio2.6x (nat avg ~3.5x)
Median Rent$1,526/mo
Total Housing Units15,006
Vacant Units762

Income Distribution

Under $25k
9%
$25k–$50k
9%
$50k–$75k
17%
$75k–$100k
12%
$100k–$150k
19%
$150k–$200k
14%
Over $200k
20%
Employment & Commute

How People Get to Work

Drove Alone
77%
Public Transit
2%
Walked
2%
Work From Home
19%

Commute Time

Under 15 min
22%
15–30 min
38%
30–45 min
25%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
6%
1960s–1970s
9%
1980s–1990s
31%
2000+
52%
About Grayslake, IL

Grayslake is a city in Illinois, located in Lake County. The city spans 1 ZIP code and is home to approximately 35,579 residents. It is a middle-aged city, with a median age of 40.9 years.

Economically, Grayslake is a upper-middle-income community. The median household income of $104,920 is above the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 5.3%, near the national average.

The real estate market in Grayslake is a mid-range housing market. Median home values stand at $276,800, which is near the national average. Renters typically pay around $1,526 per month. Homeownership is high at 82.7%, typical of suburban and family-oriented communities.

The population of Grayslake is highly educated. 60.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (73.55%).

Grayslake, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Grayslake
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60030 35,579 $104,920 $276,800 $1,526 5.3% 60.2% 82.7%