ZIP Code 60120

standard

Source:

Elgin · Kane County · Illinois

Population
50,955

1,183/sq mi

Median income
$82,449

▲ 8% vs US

higher than 65% of US ZIPs

Median home value
$242,300

▼ 13% vs US

higher than 56% of US ZIPs

Bachelor's or higher
20.5%

Median age 34.5

Land area
43.1 sq mi

Chicago

ZIP code 60120 in Elgin, Illinois has a population of 50,955. The median household income is $82,449, which is 8% above the national average. Median home value is $242,300, 13% below the US average. 20.5% of residents hold a bachelor's degree or higher.

ZIP code 60120 is classified by USPS as a standard delivery area and covers roughly 43.1 square miles in Elgin, Kane County, Illinois. The area is home to 50,955 residents, producing a population density of 1,183 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 60120 against Illinois and the nation.

On the economic side, the median household income for ZIP 60120 sits at $82,449 (3% above the Illinois average), while per-capita income is $31,506. The poverty rate stands at 12.8% and the unemployment rate at 6.8%. On housing, the median home value is $242,300 (26% above the state average) with median rent at $1,371 per month, and 65.7% of occupied units are owner-occupied, a direct signal of whether 60120 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.5% of adults hold a bachelor's degree or higher, the median age is 34.5, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Kane County, so you can benchmark 60120 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 60120

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60120.

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 60120, Elgin, 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

50,955

Population

43.1

Area (sq mi)

1,183

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 60120?

34.5

Median Age

52.4%

Male

47.6%

Female

33.7%

Foreign-Born

White 30.7%
African American 4.8%
Asian 5.2%
American Indian or Alaska Native 3.2%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 30.7%
Hispanic or Latino 61.6%

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?

$82,449

Median Household Income

+3% vs state

$31,506

Per Capita Income

12.8%

Poverty Rate

6.8%

Unemployment Rate

28.2 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 47.3%
Bachelor's Degree or Higher 20.5%

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

What does housing look like?

17,154

Total Housing Units

16,676

Occupied Units

478

Vacant Units

3.06

Avg Household Size

Occupancy Type

Owner 65.7%
Renter 34.3%

$242,300

Median Home Value

+26% vs state

$1,371

Median Rent

1970

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

+10.9%

YoY Change (2024)

195

HPI Index (2000 = 100)

+95%

Total Change Since 2000

Home values in ZIP 60120 have increased 10.9% over the past year (2024). Since 2000, this ZIP has seen +95% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.3% 132
2021 +10.2% 145
2022 +13.9% 166
2023 +6.2% 176
2024 +10.9% 195

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 1,049 business establishments in ZIP 60120, employing approximately 11,430 people with a combined annual payroll of $654,242,000.

1,049

Businesses

11,430

Employees

$654.2M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Construction 147 14.0%
Transportation and warehousing 137 13.1%
Administrative and support and waste management and remediation services 117 11.2%
Other services (except public administration) 114 10.9%
Retail trade 108 10.3%
Professional, scientific, and technical services 90 8.6%
Health care and social assistance 84 8.0%
Accommodation and food services 71 6.8%
Finance and insurance 43 4.1%
Manufacturing 37 3.5%
Wholesale trade 27 2.6%
Real estate and rental and leasing 24 2.3%
Arts, entertainment, and recreation 14 1.3%
Educational services 13 1.2%
Information 12 1.1%
Management of companies and enterprises 6 0.6%
Utilities 3 0.3%

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 60120 vs 60107 →

ZIP Code City Population Distance
60107 Streamwood, IL 39,927 3.2 mi
60123 Elgin, IL 47,405 3.8 mi
60103 Bartlett, IL 41,928 4.2 mi
60192 Hoffman Estates, IL 16,343 4.0 mi
60184 Wayne, IL 2,448 5.7 mi
60177 South Elgin, IL 22,659 4.8 mi
60194 Schaumburg, IL 19,777 6.5 mi
60110 Carpentersville, IL 38,557 6.6 mi
60169 Hoffman Estates, IL 33,847 6.3 mi
60118 Dundee, IL 15,851 6.0 mi

More ZIP Codes in Kane County

Frequently Asked Questions

What county is ZIP code 60120 in?
ZIP code 60120 (Elgin) is located in Kane County, Illinois. Kane County contains multiple ZIP codes, see the full list at /counties/kane-il.
What is the population of ZIP code 60120?
ZIP code 60120 in Elgin, IL has a population of 50,955 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60120?
The median household income in ZIP 60120 is $82,449, which is 8% above the national average of $76,288.
What is the average home value in ZIP 60120?
The median home value in ZIP 60120 is $242,300, which is 13% below the national average of $278,155.
What is the demographic makeup of ZIP 60120?
The largest racial group in ZIP 60120 is Two or More Ethnicities at 30.7%. Hispanic or Latino residents make up 61.6% of the population.
How many businesses are in ZIP code 60120?
ZIP code 60120 has 1,049 business establishments employing approximately 11,430 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60120?
The top industries by establishment count in ZIP 60120 are: Construction (147), Transportation and warehousing (137), Administrative and support and waste management and remediation services (117). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 60120?
According to the FHFA House Price Index, home values in ZIP 60120 increased by 10.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 95%. 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 60120?
In ZIP code 60120, 47.3% of residents aged 25+ have a high school diploma or higher, and 20.5% 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 60120?
The mean commute time for workers in ZIP code 60120 is 28.2 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 60120?
In ZIP code 60120, approximately 65.7% of occupied housing units are owner-occupied and 34.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60120?
The poverty rate in ZIP code 60120 is 12.8% 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 Elgin, 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.