ZIP Code 60074

standard

Source:

Palatine · Cook County · Illinois

Population
38,985

2,111/sq mi

Median income
$84,089

▲ 10% vs US

higher than 67% of US ZIPs

Median home value
$315,500

▲ 13% vs US

higher than 69% of US ZIPs

Bachelor's or higher
44.4%

Median age 39.3

Land area
18.5 sq mi

Chicago

ZIP code 60074 in Palatine, Illinois has a population of 38,985. The median household income is $84,089, which is 10% above the national average. Median home value is $315,500, 13% above the US average. 44.4% of residents hold a bachelor's degree or higher.

ZIP code 60074 is classified by USPS as a standard delivery area and covers roughly 18.5 square miles in Palatine, Cook County, Illinois. The area is home to 38,985 residents, producing a population density of 2,111 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 60074 against Illinois and the nation.

On the economic side, the median household income for ZIP 60074 sits at $84,089 (5% above the Illinois average), while per-capita income is $41,614. The poverty rate stands at 9.6% and the unemployment rate at 4.0%. On housing, the median home value is $315,500 (64% above the state average) with median rent at $1,486 per month, and 61.6% of occupied units are owner-occupied, a direct signal of whether 60074 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 44.4% of adults hold a bachelor's degree or higher, the median age is 39.3, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cook County, so you can benchmark 60074 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 60074

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60074.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 60074, Palatine, 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

38,985

Population

18.5

Area (sq mi)

2,111

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 60074?

39.3

Median Age

49.1%

Male

50.9%

Female

28.6%

Foreign-Born

White 56.3%
African American 4.7%
Asian 9.9%
American Indian or Alaska Native 0.7%
Native Hawaiian or Pacific Islander 0.7%
Two or More Ethnicities 8.8%
Hispanic or Latino 30.2%

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?

$84,089

Median Household Income

+5% vs state

$41,614

Per Capita Income

9.6%

Poverty Rate

4.0%

Unemployment Rate

26.0 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 63.7%
Bachelor's Degree or Higher 44.4%

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

What does housing look like?

15,188

Total Housing Units

14,659

Occupied Units

529

Vacant Units

2.48

Avg Household Size

Occupancy Type

Owner 61.6%
Renter 38.4%

$315,500

Median Home Value

+64% vs state

$1,486

Median Rent

1976

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.5%

YoY Change (2024)

181

HPI Index (2000 = 100)

+81%

Total Change Since 2000

Home values in ZIP 60074 have increased 8.5% over the past year (2024). Since 2000, this ZIP has seen +81% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.6% 130
2021 +7.4% 139
2022 +11.4% 155
2023 +7.3% 167
2024 +8.5% 181

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 785 business establishments in ZIP 60074, employing approximately 8,793 people with a combined annual payroll of $402,265,000.

785

Businesses

8,793

Employees

$402.3M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Transportation and warehousing 112 14.3%
Retail trade 104 13.3%
Construction 102 13.0%
Other services (except public administration) 85 10.8%
Professional, scientific, and technical services 80 10.2%
Accommodation and food services 55 7.0%
Administrative and support and waste management and remediation services 51 6.5%
Health care and social assistance 51 6.5%
Finance and insurance 43 5.5%
Real estate and rental and leasing 38 4.8%
Wholesale trade 22 2.8%
Information 13 1.7%
Manufacturing 12 1.5%
Arts, entertainment, and recreation 9 1.1%
Educational services 6 0.8%

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 60074 vs 60008 →

ZIP Code City Population Distance
60008 Rolling Meadows, IL 22,717 3.9 mi
60067 Palatine, IL 38,585 2.6 mi
60004 Arlington Heights, IL 50,582 2.8 mi
60047 Lake Zurich, IL 41,669 5.0 mi
60089 Buffalo Grove, IL 41,533 4.2 mi
60173 Schaumburg, IL 12,217 5.7 mi
60090 Wheeling, IL 37,633 5.4 mi
60005 Arlington Heights, IL 29,308 5.1 mi
60070 Prospect Heights, IL 16,001 5.3 mi
60195 Schaumburg, IL 4,769 5.5 mi

More ZIP Codes in Cook County

Frequently Asked Questions

What county is ZIP code 60074 in?
ZIP code 60074 (Palatine) is located in Cook County, Illinois. Cook County contains multiple ZIP codes, see the full list at /counties/cook-il.
What is the population of ZIP code 60074?
ZIP code 60074 in Palatine, IL has a population of 38,985 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60074?
The median household income in ZIP 60074 is $84,089, which is 10% above the national average of $76,288.
What is the average home value in ZIP 60074?
The median home value in ZIP 60074 is $315,500, which is 13% above the national average of $278,155.
What is the demographic makeup of ZIP 60074?
The largest racial group in ZIP 60074 is White at 56.3%. Hispanic or Latino residents make up 30.2% of the population.
How many businesses are in ZIP code 60074?
ZIP code 60074 has 785 business establishments employing approximately 8,793 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60074?
The top industries by establishment count in ZIP 60074 are: Transportation and warehousing (112), Retail trade (104), Construction (102). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 60074?
According to the FHFA House Price Index, home values in ZIP 60074 increased by 8.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 81%. 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 60074?
In ZIP code 60074, 63.7% of residents aged 25+ have a high school diploma or higher, and 44.4% 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 60074?
The mean commute time for workers in ZIP code 60074 is 26.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 60074?
In ZIP code 60074, approximately 61.6% of occupied housing units are owner-occupied and 38.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60074?
The poverty rate in ZIP code 60074 is 9.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Palatine, 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.