Lake Villa, IL 60046 ZIP Code Profile

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ZIP Code 60046: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Lake Villa, IL 60046

Acceptable Alternative
Lindenhurst, IL 60046
Old Mill Creek, IL 60046
Old Mill Crk, IL 60046

Not Acceptable, USPS
Chesney Shores, IL 60046
Fox Lake Hills, IL 60046
Venetian Village, IL 60046
West Miltmore, IL 60046

  • ZIP Code Type: STANDARD
  • County: Lake County
  • Centroid: Latitude 42.411, Longitude -88.063
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes
  • Businesses Addresses: 707
  • PO Box Addresses: 353
  • Residential Addresses: 12,801
    • Multi-Family Addresses: 1,005
    • Single Family Addresses: 11,796

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 60046 2019 Demographic Data
  2. Growth Rates for 60046 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Lake Villa, IL 60046 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Villa, IL 60046 Housing Affordability Index is 149
State of Illinois Housing Affordability Index is 119
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.

WEALTH INDEX

Lake Villa, IL 60046 Wealth Index is 134
State of Illinois Wealth Index is 105
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.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 34,137 (100%)
Population in Households 33,935 (99.4%)
Population in Families 29,969 (87.8%)
Population in Group Quarters1 202 ( 0.6%)
Population Density 1,396
Diversity Index2 42
 

INCOME

Median Household Income $89,998
Average Household Income $109,760
Per Capita Income $38,748
Wealth Index4 134

HOUSING

Total Housing Units 12,777 (100%)
Owner Occupied HU 9,968 (78.0%)
Renter Occupied HU 2,081 (16.3%)
Vacant Housing Units 728 ( 5.7%)
Median Home Value $236,200
Housing Affordability Index3 149
 

HOUSEHOLDS

Total Households 12,049
Average Household Size 2.82
Family Households 9,211
Average Family Size 3
NOTES
  1. 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.
  2. 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 race 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.
  3. 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.
  4. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.02% -0.11%
Households 0.09% -0.06%
Families -0.04% -0.14%
Median Household Income   2.54%
Per Capita Income   2.83%

Lake Villa, IL 60046 - Peer Comparisons by Rank and Percentile

The table below compares 60046 to the other 1,383 ZIP Codes in Illinois by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 109 92nd
Population Density # 283 80th
Diversity Index # 294 79th
Median Household Income # 132 91st
Per Capita Income # 231 83rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.


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