In Fox Lake, a typical home is worth $228,100 and typical rent is $1,047 a month. Compared with all of Lake County, typical household income is 36% lower, the typical home value is 34% lower, and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $191,573 to $259,313.
Typical rent
$1,575a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Fox Lake is in Lake County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical household income in Fox Lake is $70,819,36% less than in Lake County as a whole ($110,416).
2
The typical home in Fox Lake is worth $228,100,34% less than in Lake County as a whole ($345,700).
3
The typical rent in Fox Lake is $1,047 a month, 29% less than in Lake County as a whole ($1,477).
4
Fox Lake has the 16th largest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people (64%).
5
68% of households in Fox Lake own their home, against 75% in Lake County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Fox Lake
What homes there are in Fox Lake, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Fox Lake
Lake County
Illinois
United States
Kind of home: Fox Lake and its comparisons
Measure
Fox Lake
Lake County
Illinois
United States
Detached house
45%
67%
58%
61%
Attached house
21%
10%
6%
6%
Building of 2 to 4
10%
6%
12%
8%
Apartments (5 or more)
24%
16%
22%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Fox Lake there is a bit of everything: no kind of home reaches half. The most common are detached houses (45%); in Lake County, 67%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Fox Lake
Lake County
Illinois
United States
Year built: Fox Lake and its comparisons
Measure
Fox Lake
Lake County
Illinois
United States
Before 1960
24%
21%
38%
26%
1960–1979
32%
25%
26%
24%
1980–1999
21%
33%
20%
25%
2000–2009
19%
15%
11%
14%
2010 or later
Unreliable estimate
6%
6%
11%
In Fox Lake, half of the homes were built before 1978; in Lake County, before 1983.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K6%
$100K–$200K31%
$200K–$300K37%
$300K–$500K20%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Fox Lake and its comparisons
Measure
Fox Lake
Under $100K
6%
$100K–$200K
31%
$200K–$300K
37%
$300K–$500K
20%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
At least 94% of owner-occupied homes in Fox Lake are worth less than $500,000, below the FHA loan limit for Lake County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99932%
$1,000–$1,49940%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Fox Lake and its comparisons
Measure
Fox Lake
Under $500
Unreliable estimate
$500–$999
32%
$1,000–$1,499
40%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,831 a month
Lake County: $2,503 a month
Without a mortgage
$825 a month
Lake County: $1,088 a month
Owners with a mortgage
68%
Lake County: 64%
Owning costs less in Fox Lake: with a mortgage, the typical cost is $1,831 a month; in Lake County, $2,503. Without one, $825.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Fox Lake+42%
Lake County+30%
Illinois+35%
United States+53%
Typical rent
Fox LakeNo clear change
Lake County+23%
Illinois+26%
United States+33%
Typical household income
Fox LakeNo clear change
Lake County+24%
Illinois+27%
United States+29%
Change since 2015–2019: Fox Lake and its comparisons
Measure
Fox Lake
Lake County
Illinois
United States
Typical home value
+42%
+30%
+35%
+53%
Typical rent
No clear change
+23%
+26%
+33%
Typical household income
No clear change
+24%
+27%
+29%
The typical home value in Fox Lake rose 42% since 2015–2019, more than in Lake County (30%).
Since 2015–2019, the typical rent in Fox Lake did not change clearly, according to the Census.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Fox Lake and its comparisons
Measure
Fox Lake
Lake County
Illinois
United States
Rental vacancy
Unreliable estimate
3.7%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.0%
0.9%
More than one person per room
Unreliable estimate
2.9%
2.5%
3.4%
People per household
2.10
2.69
2.46
2.53
Drive alone
73%
66%
66%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
3%
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
13%
20%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.10 on average, against 2.69 in Lake County.
In Fox Lake, 73% of workers drive alone to work; in Lake County, 66%.
Do the math
What would you pay each month for a home in Fox Lake?
A typical home costs more than the typical income allows
We start with a typical home in Fox Lake, worth $228,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Fox Lake, which is $70,819 a year. For that payment to be 28% of income, a household would need to earn about $91,181 a year.
The calculator's FHA and conventional loan limits are those of all of Lake County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Fox Lake. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,984 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,128
at 7.18% · 30 years
Loan amount
$223,968
Total interest
$322,237
Paid off in
November 2056
Includes $3,852 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,652 a month
Tight
$1,652 to $2,125 a month
Hard
more than $2,125 a month
Your payment · 36%
Compared with the typical household income in Fox Lake ($70,819 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,517
Property tax
$414
Home insurance
$95
FHA mortgage insurance (MIP)
$101
You need at least $7,984 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,128; principal and interest $1,517.
The city and its county
Fox Lake and Lake County
Fox Lake is in Lake County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Fox Lake
Map of Lake County, Illinois, with Fox Lake marked. Around it, the neighboring counties.
Fox Lake
Lake County
Other cities with a page
Fox Lake's own numbers
Typical home value
$228,100
Typical monthly rent
$1,047
Typical yearly household income
$70,819
Households that own their home
68%
Effective property tax rate
2.18%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lake County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lake County.
A typical home in Fox Lake is worth $228,100: 34% below the county and 13% below Illinois. With the typical household income in Fox Lake ($70,819 a year), a typical home costs 3.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Fox Lake3.2 years
Lake3.1 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lake County
According to FHFA’s house price index, home prices in Lake County rose 66% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lake County.
Yearly change in FHFA’s price index in Lake County, 2016 to 2025
2016: +2.3% +2.3% 2016
2017: +1.8% +1.8% 2017
2018: +1.3% +1.3% 2018
2019: +1.9% +1.9% 2019
2020: +0.5% +0.5% 2020
2021: +8.3% +8.3% 2021
2022: +13.8% +13.8% 2022
2023: +9.0% +9.0% 2023
2024: +7.6% +7.6% 2024
2025: +6.7% +6.7% 2025
Change in FHFA’s price index in Lake County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.7%
+5.7%
+2.9%
5 years (2020–2025)
+54%
+47%
+47%
10 years (2015–2025)
+66%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Fox Lake next to Lake County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Fox Lake$228,100
Lake$345,700
Illinois$263,300
United States$332,700
Typical monthly rent
Fox Lake$1,047
Lake$1,477
Illinois$1,274
United States$1,413
Typical yearly household income
Fox Lake$70,819
Lake$110,416
Illinois$83,390
United States$80,734
See the full table
Fox Lake next to Lake County and Illinois
Measure
Fox Lake
Lake County
Illinois
U.S.
Typical home value
$228,100 ▼34% below the county
$345,700
$263,300
$332,700
Typical monthly rent
$1,047 ▼29% below the county
$1,477
$1,274
$1,413
Typical yearly household income
$70,819 ▼36% below the county
$110,416
$83,390
$80,734
Households that own their home
68% ▼7 points below the county
75%
67%
65%
Typical yearly property tax
$4,982 ▼44% below the county
$8,923
$5,298
$3,119
Effective property tax rate
2.18% ▼0.4 points below the county
2.58%
2.01%
0.94%
Renters with high rent for their income
64% ▲14 points above the county
49%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lake County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Fox Lake
For a typical $228,100 home in Fox Lake, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fox Lake's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,128a month
Least cash to close
Down payment
$7,984
Cash to close
$14,827
Rate
7.18%
Mortgage insurance
FHA MIP · $101
Conventional, 5% down$2,086a month
Down payment
$11,405
Cash to close
$18,248
Rate
7.18%
Mortgage insurance
PMI · $108
Conventional, 20% down, no PMI$1,746a month
Down payment
$45,620
Cash to close
$52,463
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,956a month
Down payment
$34,215
Cash to close
$41,058
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Fox Lake
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,128
$7,984
$223,969
7.18%
FHA MIP · $101
$14,827
580
Conventional, 5% down
$2,086
$11,405
$216,695
7.18%
PMI · $108
$18,248
620*
Conventional, 20% down, no PMI
$1,746
$45,620
$182,480
7.18%
None
$52,463
620*
ITIN, 15% down (example)
$1,956
$34,215
$193,885
8.18%
None
$41,058
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Fox Lake is $1,047 a month: 29% below the county. In Fox Lake, 64% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lake County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lake County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,678
$32.27
$67,120
1 bedroom
$1,780
$34.23
$71,200
2 bedrooms
$2,011
$38.67
$80,440
3 bedrooms
$2,586
$49.73
$103,440
4 bedrooms
$2,954
$56.81
$118,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Fox Lake
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fox Lake has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,660 in 60081 to $1,740 in 60020.
None is above the fair market rent for Lake County ($2,011).
Fair market rent by ZIP code and size in Fox Lake, fiscal year 2027.
60020
$1,450
$1,540
$1,740
$2,240
$2,560
60081
$1,390
$1,470
$1,660
$2,130
$2,440
ZIP code2 bd3 bd
60020 $1,740$2,240
60081 $1,660$2,130
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fox Lake when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Fox Lake or Lake County. The ones below are statewide in Illinois: they work in Fox Lake the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Fox Lake or Lake County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Fox Lake and all of Lake County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Fox Lake?
The typical home value in Fox Lake is $228,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lake County it is $345,700.
How much does it cost to rent in Fox Lake?
Typical rent in Fox Lake is $1,047 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lake County is $2,011.
What is the FHA loan limit in Fox Lake?
Fox Lake uses the FHA limit for all of Lake County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Fox Lake?
The typical homeowner in Fox Lake pays $4,982 a year, according to the U.S. Census Bureau. That is 2.18% of the home’s value; in Lake County, the rate is 2.58%.
Where can I find free help to buy or rent in Fox Lake?
There are 2 HUD-approved counseling agencies with an office in Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
