60020 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Lake County
Centroid: Latitude 42.395, Longitude -88.177
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 60020 has segments in 2 Counties (Lake, McHenry).

Businesses Addresses: 361
PO Box Addresses: 143
Residential Addresses: 5,362

Multi-Family Addresses: 734
Single Family Addresses: 4,628

Foreclosures in IL 60020

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Fox Lake, IL 60020 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	9,689 (100%)
Population in Households	9,628 (99.4%)
Population in Families	6,996 (72.2%)
Population in Group Quarters¹	61 ( 0.6%)
Population Density	2,569
Diversity Index²	51


INCOME
Median Household Income	$68,844
Average Household Income	$97,964
% of Income for Mortgage⁴	18%
Per Capita Income	$44,515
Wealth Index⁵	86

HOUSING
Total HU (Housing Units)	5,297 (100%)
Owner Occupied HU	3,278 (61.9%)
Renter Occupied HU	1,312 (24.8%)
Vacant Housing Units	708 (13.4%)
Median Home Value	$240,786
Average Home Value	$307,031
Housing Affordability Index³	126

HOUSEHOLDS
Total Households	4,589
Average Household Size	2.10
Family Households	2,513
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Fox Lake, IL 60020 - Peer Comparisons by Rank and Percentile

The table below compares 60020 to the other 1,371 ZIP Codes in Illinois by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.10%	0.02%
Households	0.05%	0.17%
Families		0.21%
Median Household Income		5.70%
Per Capita Income		4.68%
Owner Occupied HU		0.75%

Variable Description	Rank	Percentile
Total Population	# 381	72nd
Population Density	# 201	85th
Median Household Income	# 623	55th
Housing Affordability Index	# 210	15th
Per Capita Income	# 258	81st
Diversity Index	# 294	79th

60020 ZIP Code Profile, Map, Data & Demographics

ZIP Code 60020: Basic Data & USPS Preferred City Name

Fox Lake, IL 60020 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fox Lake, IL 60020 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 60020

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