| ZIP Code | 60040 |
|---|---|
| City | Highwood |
| State | Illinois (IL) |
| County | Lake County |
| Area Code | 224/847 |
| Elevation | 691 ft |
| Latitude | 42.206525 |
|---|---|
| Longitude | -87.812818 |
| Timezone | Chicago (DST) |
| FIPS | 17097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.9 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.66 |
| Below Poverty | 15.5% ▲ 55% above avg |
| College Grads | 48.8% ▲ 26% above avg |
| Unemployment | 5.9% ▲ 21% above avg |
| No HS Diploma | 103 (3.7%) |
| HS Graduate | 577 (20.5%) |
| Some College | 365 (12.9%) |
| Associates | 400 (14.2%) |
| Bachelors | 138 (4.9%) |
| Graduate Degree | 1,237 (43.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $101,862 ▲ 33% above avg ↑ 61% since 2019 |
|---|---|
| Median Home Value | $454,500 ▲ 63% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,800/mo ↑ 40% since 2019 |
| Total Units | 1,969 |
| Vacant Units | 32 |
| Avg HH Size | 2.66 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,969 |
|---|---|
| Vacant | 32 |
| Owner Occupied | 49.0% |
| Renter Occupied | 51.0% |
| Avg HH Size | 2.66 |
ZIP code 60040 is located in Highwood, Illinois, within Lake County. With a population of 5,243, this is a lightly populated ZIP code with a relatively young community — the median age is 35.9 years. Economically, 60040 is a upper-middle-income ZIP code: the median household income of $101,862 is above the national average.
Real estate in ZIP code 60040 represents a premium housing market. The median home value of $454,500 is significantly above the national average. Renters can expect to pay around $1,800 per month in median rent. The area has a relatively balanced mix of owners (49.0%) and renters (51.0%). Median home values have increased by 28% since 2019.
The population of 60040 is majority White (53.06%). Residents are well-educated — 48.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 15.5%. Household income has grown by 61% since 2019.
The unemployment rate in 60040 stands at 5.9%, which is above the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 60040 in Highwood, IL is characterized as upper-middle-income, well-educated, and a relatively young community. With 5,243 residents, a median household income of $101,862, and a median home value of $454,500, it offers a clear picture of life in this part of Illinois.