Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.6 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $510,000 ▲ 83% above avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,817/mo |
| Total Housing Units | 15,877 |
| Vacant Units | 521 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Zurich is a city in Illinois, located in Lake County. The city spans 1 ZIP code and is home to approximately 44,100 residents. It is a middle-aged city, with a median age of 42.6 years.
Economically, Lake Zurich is a affluent community. The median household income of $173,043 is more than double the national average. Approximately 2.3% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Lake Zurich is a premium housing market. Median home values stand at $510,000, which is significantly above the national average. Renters typically pay around $1,817 per month. Homeownership is high at 89.2%, typical of suburban and family-oriented communities.
The population of Lake Zurich is highly educated. 72.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (77.95%).
Lake Zurich, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60047 | 44,100 | $173,043 | $510,000 | $1,817 | 3.6% | 72.2% | 89.2% |