ZIP Code 60040

ZIP Code Tabulation Area in Lake County, Illinois.

Population: 5,243
Median household income: $101,862
Median home value: $454,500

Covering part of Lake County, Illinois, ZIP Code 60040 has about 5,243 residents. Its median household income of $101,862 runs below the Lake County figure of $108,917.

Between 2019 and 2023, ZIP Code 60040's population declined 1.3% from 5,310 to 5,243, while its median gross rent rose 39.9% from $1,287 to $1,800.

43.8% of homes are single-family detached houses. The typical home was built around 1958.

Demographics

ACS 2019–2023

Population: 5,243
Median age: 35.9 yrs
Median household income: $101,862
Median home value: $454,500
Median gross rent: $1,800
Housing units: 1,969
Homeownership rate: 49.0%
Bachelor's degree or higher: 38.1%
Unemployment rate: 6.0%

Trends

ACS 5-year · 2019–2023

Population

5,3105,243

Median household income

$63,388$101,862

Median home value

$354,800$454,500

Median gross rent

$1,287$1,800

Year	Population	Median household income	Median home value	Median gross rent
2019	5,310	$63,388	$354,800	$1,287
2020	5,293	$74,875	$383,300	$1,419
2021	5,204	$88,913	$369,700	$1,544
2022	5,227	$105,282	$502,800	$1,770
2023	5,243	$101,862	$454,500	$1,800

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.9%

5 to 1720.7%

18 to 2411.3%

25 to 3412.3%

35 to 4412.4%

45 to 5410.4%

55 to 6412.6%

65 to 7410.3%

75 and over5.1%

	Count	Share
Under 5	257	4.9%
5 to 17	1,083	20.7%
18 to 24	592	11.3%
25 to 34	647	12.3%
35 to 44	650	12.4%
45 to 54	547	10.4%
55 to 64	658	12.6%
65 to 74	540	10.3%
75 and over	269	5.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,782	53.1%
Black or African American	133	2.5%
American Indian & Alaska Native	0	0.0%
Asian	79	1.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	122	2.3%
Hispanic or Latino (any race)	2,127	40.6%

Educational attainment (age 25+)

No high school diploma20.5%

High school graduate18.7%

Some college or associate's22.8%

Bachelor's degree19.1%

Graduate or professional degree19.0%

	Count	Share
No high school diploma	678	20.5%
High school graduate	619	18.7%
Some college or associate's	754	22.8%
Bachelor's degree	632	19.1%
Graduate or professional degree	628	19.0%

Commute to work

Mean travel time to work: 31 min

Drove alone62.9%

Carpooled17.7%

Public transit4.6%

Walked1.0%

Bicycle0.0%

Worked from home13.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,753	62.9%
Carpooled	493	17.7%
Public transit	128	4.6%
Walked	27	1.0%
Bicycle	0	0.0%
Worked from home	384	13.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	510	21.2%
15 to 29 min	1,227	51.1%
30 to 44 min	194	8.1%
45 to 59 min	198	8.2%
60+ min	272	11.3%

Households

Average household size: 2.66
Poverty rate: 15.8% (814 of 5,154)

	Count	Share
Family households	1,350	69.7%
Nonfamily households	587	30.3%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	1,937	98.4%
Vacant	32	1.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	949	49.0%
Renter-occupied	988	51.0%

1-unit, detached43.8%

1-unit, attached5.0%

2 to 4 units23.6%

5 to 19 units14.7%

20 or more units12.5%

Mobile home & other0.4%

Units in structure

	Count	Share
1-unit, detached	863	43.8%
1-unit, attached	99	5.0%
2 to 4 units	464	23.6%
5 to 19 units	289	14.7%
20 or more units	246	12.5%
Mobile home & other	8	0.4%

ZIP Code 60040

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes