US ZIP Code
60048

Libertyville, IL

Lake County  ·  Illinois

● Active
👥 28,945 Population
💰 $169,283 Median HH Income
▲ 122% above avg ↑ 20% since 2019
🎂 42.7 Median Age ↓ 4% since 2019
🏠 $535,100 Median Home Value
▲ 92% above avg ↑ 16% since 2019
🎓 75.6% College Grads
▲ 95% above avg
📊 3.1% Unemployment
▼ 37% below avg ↓ 18% since 2019
ZIP Code Details
ZIP Code60048
CityLibertyville
StateIllinois (IL)
CountyLake County
Area Code224/847
Elevation716 ft
Latitude42.292606
Longitude-87.945317
TimezoneChicago (DST)
FIPS17097
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.8% (14,415) Female 50.2% (14,530) ♀

Race & Ethnicity

White: 80.9%Hispanic: 7.3%Black: 1%Asian: 7%Other: 3.4%Race
White80.9%
Hispanic7.3%
Black1.0%
Asian7.0%
Other3.4%

Age Breakdown

Under 5
6%
5–17
20%
18–24
6%
25–44
21%
45–64
30%
65+
8%

Key Indicators

Median Age42.7 yrs ↓ 4% since 2019
Avg Household Size2.70
Below Poverty4.3% ▼ 57% below avg
College Grads75.6% ▲ 95% above avg
Unemployment3.1% ▼ 37% below avg
No HS Diploma170 (0.9%)
HS Graduate1,837 (9.7%)
Some College906 (4.8%)
Associates1,687 (8.9%)
Bachelors1,053 (5.6%)
Graduate Degree13,215 (70%)

Education

No HS: 0.9%HS Grad: 9.7%Some College: 4.8%Associates: 8.9%Bachelors: 5.6%Graduate: 70%Edu
No HS0.9%
HS Grad9.7%
Some College4.8%
Associates8.9%
Bachelors5.6%
Graduate70.0%
Housing & Income

Housing Tenure

Owner: 84.1%Renter: 15.9%Tenure
Owner84.1%
Renter15.9%

Home Value Distribution

Under $50k
1%
$50k–100k
0%
$100k–150k
1%
$150k–200k
1%
$200k–300k
6%
$300k–500k
37%
Over $500k
55%

Financials

Median HH Income$169,283 ▲ 122% above avg ↑ 20% since 2019
Median Home Value$535,100 ▲ 92% above avg ↑ 16% since 2019
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$1,569/mo ↑ 13% since 2019
Total Units10,826
Vacant Units378
Avg HH Size2.70

Income Distribution

Under $25k
7%
$25k–50k
5%
$50k–75k
7%
$75k–100k
7%
$100k–150k
16%
$150k–200k
16%
Over $200k
42%
Employment & Commute

How People Get to Work

Drove Alone
70%
Public Transit
3%
Walked
1%
Work From Home
26%

Commute Time

Under 15 min
27%
15–30 min
39%
30–45 min
18%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
10%
1960s–1970s
20%
1980s–1990s
12%
2000+
54%

Summary

Total Units10,826
Vacant378
Owner Occupied84.1%
Renter Occupied15.9%
Avg HH Size2.70
Frequently Asked Questions
ZIP code 60048 is in Libertyville, IL, in Lake County.
ZIP code 60048 is located in Illinois (IL).
ZIP code 60048 is in Lake County, IL.
ZIP 60048 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 60048 is 28,945 people (ACS 2023).
The median household income in ZIP code 60048 is $169,283 (ACS 2023).
The median home value in ZIP 60048 is $535,100 (ACS 2023).
About ZIP Code 60048

ZIP code 60048 is located in Libertyville, Illinois, within Lake County. With a population of 28,945, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.7 years. Economically, 60048 is a affluent ZIP code: the median household income of $169,283 is more than double the national average.

Real estate in ZIP code 60048 represents a premium housing market. The median home value of $535,100 is significantly above the national average. Renters can expect to pay around $1,569 per month in median rent. Homeownership is strong here — 84.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.

The population of 60048 is primarily White (80.85%). Residents are highly educated — 75.6% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 4.3%. Household income has grown by 20% since 2019.

The unemployment rate in 60048 stands at 3.1%, which is below the national average. About 25% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 65%.

Overall, ZIP code 60048 in Libertyville, IL is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 28,945 residents, a median household income of $169,283, and a median home value of $535,100, it offers a clear picture of life in this part of Illinois.