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 High-density area
- $176,081
- Median income Above-median income area
- $541,300
- Median home value Above-median home value
- 67.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 60047 (Lake Zurich, IL) rose +8.8% from 2023 to 2024. The all-transactions index moved from 158.8 in 2023 to 172.7 in 2024 (2000 = 100).
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 average Illinois ZIP), while per-capita income is $81,812. The poverty rate is 2.7%, with unemployment at 4.0%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $541,300 (182% above the average Illinois ZIP), while 87.9% of occupied homes are owner-occupied and median rent is $1,930.
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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Lake County, so 60047 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 60047
Top 5 sectors by establishment count in Lake Zurich, IL
Which industries have the most business establishments in ZIP 60047.
- Professional, scientific, and technical services
Professional, scientific, and technical services
277 establishments
- Construction
Construction
197 establishments
- Health care and social assistance
Health care and social assistance
155 establishments
- Retail trade
Retail trade
154 establishments
- Other services (except public administration)
Other services (except public administration)
123 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 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
Who lives in ZIP 60047?
42.6
Median Age
49.9%
Male
50.1%
Female
18.4%
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?
$176,081
Median Household Income
+120% vs state ZIP avg
$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
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
15,972housing units
15,972
Total Housing Units
15,581
Occupied Units
391
Vacant Units
2.78
Avg Household Size
Occupancy Type
$541,300
Median Home Value
+182% vs state ZIP avg
$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.
- 60004
Arlington Heights (60004)
50,582 residents
- 60047
Lake Zurich (60047)
41,669 residents
- 60089
Buffalo Grove (60089)
41,533 residents
- 60074
Palatine (60074)
38,985 residents
- 60067
Palatine (60067)
38,585 residents
- 60060
Mundelein (60060)
37,189 residents
- 60030
Grayslake (60030)
36,056 residents
- 60061
Vernon Hills (60061)
25,748 residents
- 60008
Rolling Meadows (60008)
22,717 residents
What this shows Among its immediate neighbors, ZIP 60047 ranks #2 by population - useful context the national average alone can't give.
ZIP 60047 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 60047
Lake Zurich (60047)
$176,081 median income
- 60069
Lincolnshire (60069)
$162,826 median income
- 60089
Buffalo Grove (60089)
$129,401 median income
- 60004
Arlington Heights (60004)
$128,979 median income
- 60067
Palatine (60067)
$125,446 median income
- 60061
Vernon Hills (60061)
$124,468 median income
- 60060
Mundelein (60060)
$110,335 median income
- 60084
Wauconda (60084)
$110,090 median income
- 60030
Grayslake (60030)
$104,795 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 60047, 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 (41,669 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 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.
Related
Take this with you
What to do with ZIP 60047's numbers, next.
- See how ZIP 60047 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lake Zurich, 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.