| ZIP Code | 60124 |
|---|---|
| City | Elgin |
| State | Illinois (IL) |
| County | Kane County |
| Area Code | 224/847 |
| Elevation | 913 ft |
| Latitude | 42.020169 |
|---|---|
| Longitude | -88.400686 |
| Timezone | Chicago (DST) |
| FIPS | 17089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.5 yrs |
|---|---|
| Avg Household Size | 2.80 |
| Below Poverty | 2.2% ▼ 78% below avg |
| College Grads | 57.3% ▲ 48% above avg |
| Unemployment | 3.8% ▼ 23% below avg |
| No HS Diploma | 161 (1%) |
| HS Graduate | 3,176 (19.4%) |
| Some College | 1,753 (10.7%) |
| Associates | 1,887 (11.5%) |
| Bachelors | 1,249 (7.6%) |
| Graduate Degree | 8,118 (49.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $135,350 ▲ 77% above avg ↑ 19% since 2019 |
|---|---|
| Median Home Value | $403,300 ▲ 45% above avg ↑ 34% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,956/mo ↑ 5% since 2019 |
| Total Units | 8,806 |
| Vacant Units | 98 |
| Avg HH Size | 2.80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,806 |
|---|---|
| Vacant | 98 |
| Owner Occupied | 93.9% |
| Renter Occupied | 6.1% |
| Avg HH Size | 2.80 |
ZIP code 60124 is located in Elgin, Illinois, within Kane County. With a population of 24,400, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.5 years. Economically, 60124 is a upper-middle-income ZIP code: the median household income of $135,350 is significantly above the national average.
Real estate in ZIP code 60124 represents a premium housing market. The median home value of $403,300 is above the national average. Renters can expect to pay around $1,956 per month in median rent. Homeownership is strong here — 93.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 60124 is primarily White (70.41%). Residents are well-educated — 57.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 2.2%. Household income has grown by 19% since 2019.
The unemployment rate in 60124 stands at 3.8%, which is below the national average. A notably high share of workers — 28% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 60124 in Elgin, IL is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 24,400 residents, a median household income of $135,350, and a median home value of $403,300, it offers a clear picture of life in this part of Illinois.