Waukegan, Illinois is a part of the East Lake County Submarket submarket area, and contains 3 zip codes: 60079, 60087, and 60085.
The 2019 average effective rent for Class A, B, and C apartments in the Waukegan, IL submarket area was $1,273, which is 22.29% lower than 2014 average rent. This represents a compounded annual growth rate of 4.11%. 2019 vacancy in Waukegan, IL was 5.00%.
The total population of the city of Waukegan, IL has decreased 2.57% since 2010. As of 2018, the population was 86,792. The median household income of the Waukegan was $48,752, which is 19.14% lower than the national average.