ZIP Code 60124
standardSource:
Elgin · Kane County · Illinois
- Population
- 18,935
- Median income
- $139,982
- Median home value
- $430,900
- Bachelor's or higher
- 49.5%
- Land area
- 99.0 sq mi
191/sq mi
▲ 83% vs US
higher than 95% of US ZIPs
▲ 55% vs US
higher than 82% of US ZIPs
Median age 43.7
Chicago
ZIP code 60124 in Elgin, Illinois has a population of 18,935. The median household income is $139,982, which is 83% above the national average. Median home value is $430,900, 55% above the US average. 49.5% of residents hold a bachelor's degree or higher.
ZIP code 60124 is classified by USPS as a standard delivery area and covers roughly 99.0 square miles in Elgin, Kane County, Illinois. The area is home to 18,935 residents, producing a population density of 191 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 60124 against Illinois and the nation.
On the economic side, the median household income for ZIP 60124 sits at $139,982 (75% above the Illinois average), while per-capita income is $61,310. The poverty rate stands at 2.5% and the unemployment rate at 4.0%. On housing, the median home value is $430,900 (125% above the state average) with median rent at $1,957 per month, and 92.4% of occupied units are owner-occupied, a direct signal of whether 60124 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 49.5% of adults hold a bachelor's degree or higher, the median age is 43.7, and the average commute is 30 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Kane County, so you can benchmark 60124 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 60124
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 60124.
- Construction
Construction
91 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
90 establishments
- Wholesale trade
Wholesale trade
76 establishments
- Transportation and warehousing
Transportation and warehousing
72 establishments
- Other services (except public administration)
Other services (except public administration)
45 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 60124, 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
18,935
Population
99.0
Area (sq mi)
191
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 60124?
43.7
Median Age
50.4%
Male
49.6%
Female
13.8%
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?
$139,982
Median Household Income
+75% vs state
$61,310
Per Capita Income
2.5%
Poverty Rate
4.0%
Unemployment Rate
29.8 min
Mean Commute Time
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?
8,982
Total Housing Units
8,832
Occupied Units
150
Vacant Units
2.77
Avg Household Size
Occupancy Type
$430,900
Median Home Value
+125% vs state
$1,957
Median Rent
2003
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
+8.3%
YoY Change (2024)
189
HPI Index (2000 = 100)
+89%
Total Change Since 2000
Home values in ZIP 60124 have increased 8.3% over the past year (2024). Since 2000, this ZIP has seen +89% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -0.1% | 124 |
| 2021 | +10.8% | 137 |
| 2022 | +15.7% | 159 |
| 2023 | +9.7% | 174 |
| 2024 | +8.3% | 189 |
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 608 business establishments in ZIP 60124, employing approximately 11,216 people with a combined annual payroll of $750,422,000.
608
Businesses
11,216
Employees
$750.4M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 91 | 15.0% |
| Professional, scientific, and technical services | 90 | 14.8% |
| Wholesale trade | 76 | 12.5% |
| Transportation and warehousing | 72 | 11.8% |
| Other services (except public administration) | 45 | 7.4% |
| Administrative and support and waste management and remediation services | 42 | 6.9% |
| Health care and social assistance | 33 | 5.4% |
| Manufacturing | 31 | 5.1% |
| Accommodation and food services | 28 | 4.6% |
| Retail trade | 25 | 4.1% |
| Finance and insurance | 23 | 3.8% |
| Real estate and rental and leasing | 22 | 3.6% |
| Arts, entertainment, and recreation | 12 | 2.0% |
| Information | 8 | 1.3% |
| Educational services | 5 | 0.8% |
| Management of companies and enterprises | 3 | 0.5% |
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 60124 vs 60175 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 60175 | Saint Charles, IL | 25,564 | 5.5 mi |
| 60136 | Gilberts, IL | 7,013 | 5.5 mi |
| 60123 | Elgin, IL | 47,405 | 4.5 mi |
| 60177 | South Elgin, IL | 22,659 | 5.1 mi |
| 60140 | Hampshire, IL | 14,341 | 6.7 mi |
| 60118 | Dundee, IL | 15,851 | 7.3 mi |
| 60109 | Burlington, IL | 560 | 7.8 mi |
| 60142 | Huntley, IL | 26,447 | 10.6 mi |
| 60174 | Saint Charles, IL | 30,752 | 8.5 mi |
| 60134 | Geneva, IL | 28,565 | 10.6 mi |
More ZIP Codes in Kane County
Related Areas
Frequently Asked Questions
What county is ZIP code 60124 in? ▼
What is the population of ZIP code 60124? ▼
What is the median household income in ZIP 60124? ▼
What is the average home value in ZIP 60124? ▼
What is the demographic makeup of ZIP 60124? ▼
How many businesses are in ZIP code 60124? ▼
What are the main industries in ZIP code 60124? ▼
How have home values changed in ZIP code 60124? ▼
What is the education level in ZIP code 60124? ▼
What is the average commute time in ZIP 60124? ▼
What percentage of residents own vs. rent in ZIP 60124? ▼
What is the poverty rate in ZIP code 60124? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.