| ZIP Code | 60042 |
|---|---|
| City | Island Lake |
| State | Illinois (IL) |
| County | Lake County |
| Area Code | 224/847 |
| Elevation | 756 ft |
| Latitude | 42.278327 |
|---|---|
| Longitude | -88.195495 |
| Timezone | Chicago (DST) |
| FIPS | 17097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs ↓ 8% since 2019 |
|---|---|
| Avg Household Size | 2.75 |
| Below Poverty | 7.4% ▼ 26% below avg |
| College Grads | 38.8% ≈ Avg |
| Unemployment | 6.3% ▲ 28% above avg |
| No HS Diploma | 82 (1.4%) |
| HS Graduate | 1,945 (34.2%) |
| Some College | 510 (9%) |
| Associates | 938 (16.5%) |
| Bachelors | 627 (11%) |
| Graduate Degree | 1,577 (27.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,613 ▲ 24% above avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $244,000 ▼ 12% below avg ↑ 43% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $1,826/mo ↑ 32% since 2019 |
| Total Units | 3,263 |
| Vacant Units | 156 |
| Avg HH Size | 2.75 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,263 |
|---|---|
| Vacant | 156 |
| Owner Occupied | 81.8% |
| Renter Occupied | 18.3% |
| Avg HH Size | 2.75 |
ZIP code 60042 is located in Island Lake, Illinois, within Lake County. With a population of 8,630, this is a lightly populated ZIP code with a middle-aged community — the median age is 40 years. Economically, 60042 is a middle-income ZIP code: the median household income of $94,613 is above the national average.
Real estate in ZIP code 60042 represents an affordable housing market. The median home value of $244,000 is near the national average. Renters can expect to pay around $1,826 per month in median rent. Homeownership is strong here — 81.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 60042 is primarily White (75.05%). Residents are moderately educated — 38.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.4%. Household income has grown by 14% since 2019.
The unemployment rate in 60042 stands at 6.3%, which is above the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 60042 in Island Lake, IL is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 8,630 residents, a median household income of $94,613, and a median home value of $244,000, it offers a clear picture of life in this part of Illinois.