Groundwork

Real estate · County · Illinois

Property management companies in Lake County, IL

How Lake County, IL compares with other counties and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 59 out of 100: Upper middle

Ranked #294 of 910 scored counties
#7 of 24 scored counties in Illinois

Listings
50
1 chain location (2%)
Official establishments
127
−2.3% since 2019
Household spending a year
$4.4B
On rent and homeowner costs · $16,846 a household
Housing spending per listing (U.S. = 100)
157
57% above the U.S.
Listings per 10k households
1.9
37% below the U.S.
Population, 2025
719,339
+0.8% since 2020

See the property management companies around any address in Lake County

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Household spending on rent and homeowner costs in Lake County comes to about $4.4B a year: $16,846 per household, in line with the U.S. average. Housing spending per company is 57% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

Lake County has 50 property management companies on map listings as of September 2026. One of them (2%) is a chain location, against 4% across the U.S. Per 10,000 households, that is 1.9, 37% below the U.S. rate of 3.0.

Official counts show 127 businesses with payroll classed as residential and commercial property managers in Lake County in 2023, down 2.3% from 2019. That is one for every 2,035 households, against one for every 1,638 across the U.S. Since fiscal 2022, 2 SBA-backed loans worth $297K have gone to businesses classed as residential and commercial property managers in Lake County.

Between 2020 and 2025, the population of Lake County grew 0.8%, slower than the U.S. (+3.1%). The Groundwork market score for property management companies in Lake County is 59 (upper middle), #294 of 910 scored counties and #7 of 24 scored counties in Illinois.

How Lake County compares

The same measures for Illinois and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Lake County, IL compared with Illinois and the U.S.
MeasureLake CountyIllinoisU.S.
Listings per 10k households1.92.53.0
Housing spending per listing (U.S. = 100)157105100
Households per official establishment2,0352,4331,638
Official establishment growth, 2019–2023−2.3%−7.3%+11.4%
Population growth, 2020–2025+0.8%−0.6%+3.1%
Spending per household on rent and homeowner costs$16,846$14,866$16,661
Median household income$110,416$83,390$80,734
Groundwork market score5945

Official counts and lending

Businesses

Official establishments, 2019 to 2023
130 → 127−2.3% over the period
Employees, 2023
924
Annual payroll, 2023
$68.8M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
501 chain location
Listings at the U.S. rate for this spending
78The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
2
Amount
$297K

SBA-backed loans to businesses classed as residential and commercial property managers in Lake County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Lake County

Population, 2025 estimate
719,339+0.8% since 2020
Households
258,455
Median age
40.0
Homes lived in by their owners
75%
Vehicles per household
1.9
Land area
444 sq. mi.
People per square mile
1,610
Median household income
$110,416+23.5% vs. 2015–2019, before inflation
Average household income
$155,726
Median home value
$345,700
Jobs located here
328,525
Daytime population
712,545Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Lake County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

Or open the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Property management across Illinois

Every Illinois market ranked →

The highest-scoring counties in Illinois for property management companies, numbered among those based in Illinois, with Lake County marked.

Top counties in Illinois

Counties in Illinois ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Kendall County, IL7981.8167+9.9%#41 of 910
2McHenry County, IL75191.6180+2.5%#83 of 910
3Will County, IL74321.3224+2.2%#93 of 910
4Kane County, IL67311.7173+1.8%#171 of 910
5Tazewell County, IL6471.3196−0.9%#214 of 910
6Madison County, IL62171.5165−1.0%#248 of 910
7Lake County, IL59501.9157+0.8%#294 of 910
8Kankakee County, IL5871.7146−1.7%#309 of 910
9Rock Island County, IL5581.3185−1.7%#356 of 910
10Winnebago County, IL53221.9126−0.4%#386 of 910

Other business types in Lake County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in Lake County, IL?

Map listings as of September 2026 show 50 property management companies in Lake County. One of them (2%) is a chain location. The listings count property management companies. Official counts show 127 businesses with payroll classed as residential and commercial property managers in 2023, down 2.3% from 2019.

How much do households in Lake County, IL spend on rent and homeowner costs?

About $4.4B a year, or $16,846 per household. That is in line with the U.S. average (an index of 101, where 100 is the U.S. average). For the 50 property management companies on map listings, housing spending per company is 57% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. It is estimated from the incomes of the 258,455 households in Lake County and national spending patterns by income.

How does Lake County, IL compare with the U.S. for property management companies?

Lake County has 1.9 property management companies per 10,000 households, 37% below the U.S. rate of 3.0. The index of housing spending per company is 157, where 100 is the U.S. At the U.S. ratio of property management companies to household spending, Lake County would have about 78, against 50 on map listings. There is one business with payroll in the industry for every 2,035 households, against one for every 1,638 across the U.S. The official count fell 2.3% from 2019 to 2023, against +11.4% for the U.S.

How fast is Lake County, IL growing?

Population estimates put Lake County at 719,339 people in 2025, up 0.8% since 2020, slower than the U.S. (+3.1%). It has 258,455 households. Median household income in Lake County is $110,416, 37% above the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 23.5%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Lake County scores 59 for property management companies (upper middle), #294 of 910 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Lake County. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in Lake County

Screening a site or an acquisition in Lake County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Lake County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.