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ZIP Code 60031

Lake, Illinois

ZCTA 60031

Juniper

ZIP Code 60031 is in the lowest 25% nationally for FEMA risk score. It also sits in the highest 13% nationally for median income. And it sits in the highest 17% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$417,891

Higher than 64% of U.S. ZIP codes
Home Price Growth, Past Five Years

50%

Lower than 57% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

44.7

Lower than 75% of U.S. ZIP codes

The boundary of ZIP Code 60031, in Lake, Illinois.

The basics

Total Population

37,107

Median Age

40.4

Population Density

1,950.98

Home values & property tax

Median Property Tax

$8,429

Property Tax Rateyearly tax as a share of home value

2.5%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.02×

Near the U.S. ZIP codes median
Median Income

$111,034

Higher than 87% of U.S. ZIP codes
Median Rent

$1,657

Higher than 83% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

7.7%

Higher than 79% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

33%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

33%

Climate & weather

Summer Avg High (°F)

79.3

Winter Avg Low (°F)

18.4

Avg Temperature (°F)

48.4

Hot Days/yr (>90°F)

11.1

Freezing Days/yr (<32°F)

133.4

Annual Precipitation (in)

36.4

Annual Snowfall (in)

43.4

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 60031: frequently asked questions

What is the typical home value in ZIP Code 60031?
The estimated median home value in ZIP Code 60031 today is $417,891, higher than 64% of U.S. ZIP codes.
How much is property tax in ZIP Code 60031?
The median annual property tax in ZIP Code 60031 is $8,429, an effective rate of 2.5% of home value.
Is ZIP Code 60031 expensive to live in?
Homes in ZIP Code 60031 cost about 3.02× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 60031?
The median gross rent in ZIP Code 60031 is $1,657 a month, higher than 83% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 60031?
Home prices in ZIP Code 60031 have moved 50% over the past five years (7.7% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 60031?
ZIP Code 60031 has a population of 37,107, about 1,950.98 people per square mile, per the U.S. Census American Community Survey. The median age is 40.4.
What is the weather like in ZIP Code 60031?
ZIP Code 60031 averages 48.4°F year-round, summer highs near 79.3°F, winter lows around 18.4°F (NOAA 1991–2020 normals). It sees about 43.4 inches of snow a year.
Is ZIP Code 60031 at risk of flooding or natural disasters?
ZIP Code 60031's FEMA National Risk Index score is 44.7 (lower than 75% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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