Highwood, IL · standard
ZIP Code 60040
Lake County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 5,431
- 2,962/sq mi High-density area
- $107,875
- Median income Above-median income area
- $405,400
- Median home value Above-median home value
- 39.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Highwood pairs an upper-quartile household income with upper-quartile home values, in a suburban-density, mixed-tenure area.
- Top 14%
- household income, US ZIPs
- Top 20%
- home value, US ZIPs
- 2,962
- people per sq mi
- 56%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60040 against every reporting US ZIP.
ZIP code 60040 is a mid-sized community (a standard USPS delivery area) in Highwood, Lake County, Illinois, home to 5,431 residents across 1.8 square miles, a density of 2,962 people per square mile, in the Chicago time zone.
ZIP 60040 lands in the middle-income range, with a median household income of $107,875 (35% above the average Illinois ZIP), while per-capita income is $51,301. The poverty rate is 16.0%, with unemployment at 5.9%; those measures add context to the income figure. Median home value is $405,400 (111% above the average Illinois ZIP) and median rent is $1,900; 56.0% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 39.1% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 31 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Lake County, so 60040 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 60040
Top 5 sectors by establishment count in Highwood, IL
Which industries have the most business establishments in ZIP 60040.
- Accommodation and food services
Accommodation and food services
35 establishments
- Retail trade
Retail trade
20 establishments
- Other services (except public administration)
Other services (except public administration)
20 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
18 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
17 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 60040, Highwood, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
5,431
Population
1.8
Area (sq mi)
2,962
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 60040?
41.0
Median Age
53.2%
Male
46.8%
Female
22.9%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$107,875
Median Household Income
+35% vs state ZIP avg
$51,301
Per Capita Income
16.0%
Poverty Rate
5.9%
Unemployment Rate
31.1 min
Mean Commute Time
How ZIP 60040 ranks among Illinois ZIPs
Highwood, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$107,875 Top 14% higher than 86% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
2,076housing units
2,076
Total Housing Units
2,025
Occupied Units
51
Vacant Units
2.57
Avg Household Size
Occupancy Type
$405,400
Median Home Value
+111% vs state ZIP avg
$1,900
Median Rent
1969
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+17.5%
YoY Change (2024)
174
HPI Index (2000 = 100)
+74%
Total Change Since 2000
Home values in ZIP 60040 have increased 17.5% over the past year (2024). Since 2000, this ZIP has seen +74% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | -0.7% | 127 |
| 2020 | +1.3% | 129 |
| 2021 | +7.9% | 139 |
| 2022 | +17.5% | 163 |
| 2024 | – | 174 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 166 business establishments in ZIP 60040, employing approximately 1,344 people with a combined annual payroll of $59,134,000.
166
Businesses
1,344
Employees
$59.1M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 35 | 21.1% |
| Retail trade | 20 | 12.1% |
| Other services (except public administration) | 20 | 12.1% |
| Professional, scientific, and technical services | 18 | 10.8% |
| Administrative and support and waste management and remediation services | 17 | 10.2% |
| Construction | 16 | 9.6% |
| Health care and social assistance | 14 | 8.4% |
| Finance and insurance | 8 | 4.8% |
| Manufacturing | 6 | 3.6% |
| Information | 3 | 1.8% |
| Real estate and rental and leasing | 3 | 1.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 60040 vs 60035 →
ZIP 60040 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 60062
Northbrook (60062)
39,936 residents
- 60025
Glenview (60025)
39,105 residents
- 60035
Highland Park (60035)
29,763 residents
- 60015
Deerfield (60015)
26,800 residents
- 60045
Lake Forest (60045)
20,925 residents
- 60088 15,761
Great Lakes (60088)
15,761 residents
- 60026 13,335
Glenview (60026)
13,335 residents
- 60044 9,792
Lake Bluff (60044)
9,792 residents
- 60069 8,384
Lincolnshire (60069)
8,384 residents
What this shows Among its immediate neighbors, ZIP 60040 ranks #0 by population - useful context the national average alone can't give.
ZIP 60040 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 60022
Glencoe (60022)
$250,000 median income
- 60045
Lake Forest (60045)
$233,125 median income
- 60015
Deerfield (60015)
$183,125 median income
- 60035
Highland Park (60035)
$168,094 median income
- 60069
Lincolnshire (60069)
$162,826 median income
- 60062
Northbrook (60062)
$143,323 median income
- 60026
Glenview (60026)
$137,778 median income
- 60044
Lake Bluff (60044)
$134,724 median income
- 60025
Glenview (60025)
$126,904 median income
What this shows By household income, ZIP 60040 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 60035 | Highland Park, IL | 29,763 | 1.6 mi |
| 60045 | Lake Forest, IL | 20,925 | 3.7 mi |
| 60015 | Deerfield, IL | 26,800 | 3.9 mi |
| 60062 | Northbrook, IL | 39,936 | 5.7 mi |
| 60022 | Glencoe, IL | 8,153 | 5.4 mi |
| 60069 | Lincolnshire, IL | 8,384 | 5.8 mi |
| 60044 | Lake Bluff, IL | 9,792 | 6.1 mi |
| 60025 | Glenview, IL | 39,105 | 9.1 mi |
| 60026 | Glenview, IL | 13,335 | 8.0 mi |
| 60088 | Great Lakes, IL | 15,761 | 7.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 60040, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (5,431 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Lake County
Related Areas
Frequently Asked Questions
What county is ZIP code 60040 in?
ZIP code 60040 (Highwood) is located in Lake County, Illinois. Lake County contains multiple ZIP codes, see the full list at /counties/lake-il.
What is the population of ZIP code 60040?
ZIP code 60040 in Highwood, IL has a population of 5,431 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60040?
The median household income in ZIP 60040 is $107,875, which is 41% above the national average of $76,288.
What is the average home value in ZIP 60040?
The median home value in ZIP 60040 is $405,400, which is 46% above the national average of $278,155.
What is the demographic makeup of ZIP 60040?
The largest racial group in ZIP 60040 is White at 61.6%. Hispanic or Latino residents make up 36.6% of the population.
How many businesses are in ZIP code 60040?
ZIP code 60040 has 166 business establishments employing approximately 1,344 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60040?
The top industries by establishment count in ZIP 60040 are: Accommodation and food services (35), Retail trade (20), Other services (except public administration) (20). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 60040?
According to the FHFA House Price Index, home values in ZIP 60040 increased by 17.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 74%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 60040?
In ZIP code 60040, 59.4% of residents aged 25+ have a high school diploma or higher, and 39.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 60040?
The mean commute time for workers in ZIP code 60040 is 31.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 60040?
In ZIP code 60040, approximately 56.0% of occupied housing units are owner-occupied and 44.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60040?
The poverty rate in ZIP code 60040 is 16.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 60040's numbers, next.
- See how ZIP 60040 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Highwood, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.