PlainZIP

Lake Forest, IL · standard

ZIP Code 60045

Lake County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

20,925
381/sq mi
$233,125
Median income
$923,500
Median home value
81.2%
Bachelor's or higher

The verdict

Lake Forest pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 1%
household income, US ZIPs
Top 3%
home value, US ZIPs
381
people per sq mi
89%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60045 against every reporting US ZIP.

ZIP code 60045 is a densely settled ZIP (a standard USPS delivery area) in Lake Forest, Lake County, Illinois, with 20,925 residents across 54.9 square miles, a density of 381 people per square mile, in the Chicago time zone.

ZIP 60045 skews affluent, with a median household income of $233,125 (191% above the Illinois average), while per-capita income is $107,457. Poverty here runs at 3.5%, with unemployment measured at 1.8%. The typical home here is valued at $923,500 (381% above the state average); renters pay a median of $1,857 monthly, and 89.0% of units are owner-occupied.

This is a highly-educated ZIP: 81.2% of adults hold a bachelor's degree or higher, the median age is 45.9, and the average commute is 31 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Lake County, letting you compare 60045 to its immediate surroundings rather than a national baseline alone.

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 60045

Top 5 sectors by establishment count in Lake Forest, IL

Which industries have the most business establishments in ZIP 60045.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 60045, Lake Forest, 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

20,925

Population

54.9

Area (sq mi)

381

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 60045?

45.9

Median Age

48.0%

Male

52.0%

Female

11.4%

Foreign-Born

White 82.3%
African American 0.9%
Asian 7.1%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.9%
Hispanic or Latino 5.7%

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?

$233,125

Median Household Income

+191% vs state

$107,457

Per Capita Income

3.5%

Poverty Rate

1.8%

Unemployment Rate

30.9 min

Mean Commute Time

How ZIP 60045 ranks nationally

Lake Forest, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$233,125 Top 1% higher than 99% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 85.9%
Bachelor's Degree or Higher 81.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,864

Total Housing Units

7,470

Occupied Units

394

Vacant Units

2.65

Avg Household Size

Occupancy Type

Owner 89.0%
Renter 11.0%

$923,500

Median Home Value

+381% vs state

$1,857

Median Rent

1977

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

+6.9%

YoY Change (2024)

159

HPI Index (2000 = 100)

+59%

Total Change Since 2000

Home values in ZIP 60045 have increased 6.9% over the past year (2024). Since 2000, this ZIP has seen +59% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.0% 117
2021 +6.0% 124
2022 +13.6% 141
2023 +5.3% 148
2024 +6.9% 159

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 940 business establishments in ZIP 60045, employing approximately 24,318 people with a combined annual payroll of $3,288,234,000.

940

Businesses

24,318

Employees

$3.3B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 189 20.1%
Health care and social assistance 116 12.3%
Finance and insurance 94 10.0%
Other services (except public administration) 72 7.7%
Real estate and rental and leasing 68 7.2%
Retail trade 66 7.0%
Wholesale trade 65 6.9%
Accommodation and food services 64 6.8%
Construction 46 4.9%
Arts, entertainment, and recreation 35 3.7%
Administrative and support and waste management and remediation services 34 3.6%
Manufacturing 25 2.7%
Educational services 23 2.5%
Information 15 1.6%
Management of companies and enterprises 14 1.5%
Transportation and warehousing 11 1.2%

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 60045 vs 60044 →

ZIP 60045 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 60045 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 60045 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 60045 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
60044 Lake Bluff, IL 9,792 3.2 mi
60015 Deerfield, IL 26,800 4.6 mi
60088 Great Lakes, IL 15,761 4.8 mi
60040 Highwood, IL 5,431 3.7 mi
60064 North Chicago, IL 15,407 5.8 mi
60061 Vernon Hills, IL 25,748 4.7 mi
60069 Lincolnshire, IL 8,384 4.0 mi
60035 Highland Park, IL 29,763 4.8 mi
60085 Waukegan, IL 71,714 7.9 mi
60048 Libertyville, IL 29,095 5.7 mi

More ZIP Codes in Lake County

60085 standard
Waukegan, IL
Pop: 71,714
60073 standard
Round Lake, IL
Pop: 60,002
60010 standard
Barrington, IL
Pop: 44,095
60047 standard
Lake Zurich, IL
Pop: 41,669
60089 standard
Buffalo Grove, IL
Pop: 41,533
60031 standard
Gurnee, IL
Pop: 37,947

Related Areas

Lake County Lake Forest, IL Illinois

Frequently Asked Questions

What county is ZIP code 60045 in? ▼
ZIP code 60045 (Lake Forest) 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 60045? ▼
ZIP code 60045 in Lake Forest, IL has a population of 20,925 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60045? ▼
The median household income in ZIP 60045 is $233,125, which is 206% above the national average of $76,288.
What is the average home value in ZIP 60045? ▼
The median home value in ZIP 60045 is $923,500, which is 232% above the national average of $278,155.
What is the demographic makeup of ZIP 60045? ▼
The largest racial group in ZIP 60045 is White at 82.3%. Hispanic or Latino residents make up 5.7% of the population.
How many businesses are in ZIP code 60045? ▼
ZIP code 60045 has 940 business establishments employing approximately 24,318 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60045? ▼
The top industries by establishment count in ZIP 60045 are: Professional, scientific, and technical services (189), Health care and social assistance (116), Finance and insurance (94). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 60045? ▼
According to the FHFA House Price Index, home values in ZIP 60045 increased by 6.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 59%. 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 60045? ▼
In ZIP code 60045, 85.9% of residents aged 25+ have a high school diploma or higher, and 81.2% 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 60045? ▼
The mean commute time for workers in ZIP code 60045 is 30.9 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 60045? ▼
In ZIP code 60045, approximately 89.0% of occupied housing units are owner-occupied and 11.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60045? ▼
The poverty rate in ZIP code 60045 is 3.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.