ZIP Code 60031 Demographics

Lake County, Illinois  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 60031 compared to county averages.

Total Population

37,202

↓ 94.8% vs county

Median HH Income

$108,424

↑ +3.7% vs county

Median Home Value

$308,300

↓ 1.7% vs county

Median Age

40.4 yrs

↓ +4.4% vs county

Unemployment Rate

4.7%

↑ 2.9% vs county

Income & Housing Comparison

How ZIP 60031 compares to Lake County and Illinois overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 60031 $108k Lake $105k Illinois $78k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 60031 $308k Lake $314k Illinois $239k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

34.6%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

75.3%

of occupied housing units are owner-occupied

Median Gross Rent

$1,541

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 60031 using local Census metrics.

Median Home Value$308,300
Down Payment (20%)$61,660
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,957P&I: $1559 | Tax: $308 | Ins: $90
Rent (Local Median)
$1,541
Renting is CheaperRenting is estimated to save you $416/month compared to buying costs.

How Does 60031 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 60031 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 60031, sorted by distance.

60083 4.2 mi away lake county 60048 5.5 mi away lake county 60030 5.9 mi away lake county 60046 6.7 mi away lake county 60073 8.8 mi away lake county 60060 8.8 mi away lake county 60061 9.8 mi away lake county 60002 9.9 mi away lake county

About Lake County

Lake County is located in Illinois and has a total population of 713,159. The county's median household income is $104,553 and median home value is $313,700. ZIP code 60031 is one of many ZCTAs within this county.

View all ZIP codes in Lake County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.