| ZIP Code | 60047 |
|---|---|
| City | Lake Zurich |
| State | Illinois (IL) |
| County | Lake County |
| Area Code | 224/847 |
| Elevation | 783 ft |
| Latitude | 42.201564 |
|---|---|
| Longitude | -88.046295 |
| Timezone | Chicago (DST) |
| FIPS | 17097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.6 yrs |
|---|---|
| Avg Household Size | 2.82 |
| Below Poverty | 2.3% ▼ 77% below avg |
| College Grads | 72.2% ▲ 86% above avg |
| Unemployment | 3.6% ▼ 27% below avg |
| No HS Diploma | 379 (1.3%) |
| HS Graduate | 3,283 (11.4%) |
| Some College | 1,472 (5.1%) |
| Associates | 2,909 (10.1%) |
| Bachelors | 1,434 (5%) |
| Graduate Degree | 19,428 (67.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $173,043 ▲ 127% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $510,000 ▲ 83% above avg ↑ 14% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,817/mo ↑ 13% since 2019 |
| Total Units | 15,877 |
| Vacant Units | 521 |
| Avg HH Size | 2.82 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,877 |
|---|---|
| Vacant | 521 |
| Owner Occupied | 89.2% |
| Renter Occupied | 10.8% |
| Avg HH Size | 2.82 |
ZIP code 60047 is located in Lake Zurich, Illinois, within Lake County. With a population of 44,100, this is a highly populated ZIP code with a middle-aged community — the median age is 42.6 years. Economically, 60047 is a affluent ZIP code: the median household income of $173,043 is more than double the national average.
Real estate in ZIP code 60047 represents a premium housing market. The median home value of $510,000 is significantly above the national average. Renters can expect to pay around $1,817 per month in median rent. Homeownership is strong here — 89.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 14% since 2019.
The population of 60047 is primarily White (77.95%). Residents are highly educated — 72.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.3%. Household income has grown by 22% since 2019.
The unemployment rate in 60047 stands at 3.6%, which is below the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 60047 in Lake Zurich, IL is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 44,100 residents, a median household income of $173,043, and a median home value of $510,000, it offers a clear picture of life in this part of Illinois.