ZIP Code 60040
standardSource:
Highwood · Lake County · Illinois
- Population
- 5,431
- Median income
- $107,875
- Median home value
- $405,400
- Bachelor's or higher
- 39.1%
- Land area
- 1.8 sq mi
2,962/sq mi
▲ 41% vs US
higher than 86% of US ZIPs
▲ 46% vs US
higher than 80% of US ZIPs
Median age 41
Chicago
ZIP code 60040 in Highwood, Illinois has a population of 5,431. The median household income is $107,875, which is 41% above the national average. Median home value is $405,400, 46% above the US average. 39.1% of residents hold a bachelor's degree or higher.
ZIP code 60040 is classified by USPS as a standard delivery area and covers roughly 1.8 square miles in Highwood, Lake County, Illinois. The area is home to 5,431 residents, producing a population density of 2,962 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 60040 against Illinois and the nation.
On the economic side, the median household income for ZIP 60040 sits at $107,875 (35% above the Illinois average), while per-capita income is $51,301. The poverty rate stands at 16.0% and the unemployment rate at 5.9%. On housing, the median home value is $405,400 (111% above the state average) with median rent at $1,900 per month, and 56.0% of occupied units are owner-occupied, a direct signal of whether 60040 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 39.1% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 31 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Lake County, so you can benchmark 60040 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 60040
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$51,301
Per Capita Income
16.0%
Poverty Rate
5.9%
Unemployment Rate
31.1 min
Mean Commute Time
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?
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
$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 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 |
More ZIP Codes in Lake County
Related Areas
Frequently Asked Questions
What county is ZIP code 60040 in? ▼
What is the population of ZIP code 60040? ▼
What is the median household income in ZIP 60040? ▼
What is the average home value in ZIP 60040? ▼
What is the demographic makeup of ZIP 60040? ▼
How many businesses are in ZIP code 60040? ▼
What are the main industries in ZIP code 60040? ▼
How have home values changed in ZIP code 60040? ▼
What is the education level in ZIP code 60040? ▼
What is the average commute time in ZIP 60040? ▼
What percentage of residents own vs. rent in ZIP 60040? ▼
What is the poverty rate in ZIP code 60040? ▼
ZIP Code Research Guides
Official Data Resources for Highwood, IL
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.