Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.9 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $454,500 ▲ 63% above avg |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,800/mo |
| Total Housing Units | 1,969 |
| Vacant Units | 32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Highwood is a city in Illinois, located in Lake County. The city spans 1 ZIP code and is home to approximately 5,243 residents. It is a relatively young city, with a median age of 35.9 years.
Economically, Highwood is a upper-middle-income community. The median household income of $101,862 is above the national average. Approximately 15.5% of residents live below the poverty line. The unemployment rate is 5.9%, above the national average.
The real estate market in Highwood is a premium housing market. Median home values stand at $454,500, which is significantly above the national average. Renters typically pay around $1,800 per month.
The population of Highwood is well-educated. 48.8% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (53.06%).
Highwood, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60040 | 5,243 | $101,862 | $454,500 | $1,800 | 5.9% | 48.8% | 49.0% |