PlainZIP

Lake Zurich, IL · standard

ZIP Code 60047

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

41,669
461/sq mi
$176,081
Median income
$541,300
Median home value
67.6%
Bachelor's or higher

The verdict

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

Top 2%
household income, US ZIPs
Top 11%
home value, US ZIPs
461
people per sq mi
88%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60047 against every reporting US ZIP.

ZIP code 60047 is a densely settled ZIP (a standard USPS delivery area) in Lake Zurich, Lake County, Illinois, with 41,669 residents across 90.4 square miles, a density of 461 people per square mile, in the Chicago time zone.

ZIP 60047 skews affluent, with a median household income of $176,081 (120% above the Illinois average), while per-capita income is $81,812. Poverty here runs at 2.7%, with unemployment measured at 4.0%. Housing costs here run $541,300 for a typical home value (182% above the state average), with rent averaging $1,930 a month; 87.9% of homes are owner-occupied.

This is a highly-educated ZIP: 67.6% of adults hold a bachelor's degree or higher, the median age is 42.6, and the average commute is 31 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 60047, plus 6 more within Lake County, give a clearer read than the national average 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 60047

Top 5 sectors by establishment count in Lake Zurich, IL

Which industries have the most business establishments in ZIP 60047.

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 60047, Lake Zurich, 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

41,669

Population

90.4

Area (sq mi)

461

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 60047?

42.6

Median Age

49.9%

Male

50.1%

Female

18.4%

Foreign-Born

White 79.0%
African American 1.2%
Asian 11.5%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.0%
Hispanic or Latino 5.8%

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?

$176,081

Median Household Income

+120% vs state

$81,812

Per Capita Income

2.7%

Poverty Rate

4.0%

Unemployment Rate

31.4 min

Mean Commute Time

How ZIP 60047 ranks nationally

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

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

$176,081 Top 2% higher than 98% 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%). This entry sits in this band. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. 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 78.4%
Bachelor's Degree or Higher 67.6%

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

What does housing look like?

15,972

Total Housing Units

15,581

Occupied Units

391

Vacant Units

2.78

Avg Household Size

Occupancy Type

Owner 87.9%
Renter 12.1%

$541,300

Median Home Value

+182% vs state

$1,930

Median Rent

1988

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

+8.8%

YoY Change (2024)

173

HPI Index (2000 = 100)

+73%

Total Change Since 2000

Home values in ZIP 60047 have increased 8.8% over the past year (2024). Since 2000, this ZIP has seen +73% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.4% 126
2021 +5.8% 133
2022 +11.0% 148
2023 +7.3% 159
2024 +8.8% 173

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 1,622 business establishments in ZIP 60047, employing approximately 23,400 people with a combined annual payroll of $1,528,440,000.

1,622

Businesses

23,400

Employees

$1.5B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 277 17.1%
Construction 197 12.2%
Health care and social assistance 155 9.6%
Retail trade 154 9.5%
Other services (except public administration) 123 7.6%
Wholesale trade 108 6.7%
Accommodation and food services 104 6.4%
Administrative and support and waste management and remediation services 101 6.2%
Finance and insurance 91 5.6%
Transportation and warehousing 84 5.2%
Manufacturing 65 4.0%
Real estate and rental and leasing 61 3.8%
Arts, entertainment, and recreation 41 2.5%
Educational services 29 1.8%
Information 21 1.3%
Management of companies and enterprises 8 0.5%
Agriculture, forestry, fishing and hunting 3 0.2%

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 60047 vs 60060 →

ZIP 60047 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 60047 ranks #2 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 60047 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 60047 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
60060 Mundelein, IL 37,189 4.7 mi
60074 Palatine, IL 38,985 5.0 mi
60067 Palatine, IL 38,585 6.7 mi
60061 Vernon Hills, IL 25,748 4.9 mi
60089 Buffalo Grove, IL 41,533 5.0 mi
60069 Lincolnshire, IL 8,384 6.1 mi
60030 Grayslake, IL 36,056 9.3 mi
60008 Rolling Meadows, IL 22,717 8.9 mi
60004 Arlington Heights, IL 50,582 7.1 mi
60084 Wauconda, IL 16,771 6.7 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
60089 standard
Buffalo Grove, IL
Pop: 41,533
60031 standard
Gurnee, IL
Pop: 37,947
60060 standard
Mundelein, IL
Pop: 37,189

Related Areas

Lake County Lake Zurich, IL Illinois

Frequently Asked Questions

What county is ZIP code 60047 in? ▼
ZIP code 60047 (Lake Zurich) 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 60047? ▼
ZIP code 60047 in Lake Zurich, IL has a population of 41,669 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60047? ▼
The median household income in ZIP 60047 is $176,081, which is 131% above the national average of $76,288.
What is the average home value in ZIP 60047? ▼
The median home value in ZIP 60047 is $541,300, which is 95% above the national average of $278,155.
What is the demographic makeup of ZIP 60047? ▼
The largest racial group in ZIP 60047 is White at 79.0%. Hispanic or Latino residents make up 5.8% of the population.
How many businesses are in ZIP code 60047? ▼
ZIP code 60047 has 1,622 business establishments employing approximately 23,400 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60047? ▼
The top industries by establishment count in ZIP 60047 are: Professional, scientific, and technical services (277), Construction (197), Health care and social assistance (155). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 60047? ▼
According to the FHFA House Price Index, home values in ZIP 60047 increased by 8.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 73%. 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 60047? ▼
In ZIP code 60047, 78.4% of residents aged 25+ have a high school diploma or higher, and 67.6% 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 60047? ▼
The mean commute time for workers in ZIP code 60047 is 31.4 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 60047? ▼
In ZIP code 60047, approximately 87.9% of occupied housing units are owner-occupied and 12.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60047? ▼
The poverty rate in ZIP code 60047 is 2.7% 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.