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ZIP Code 60040

Lake, Illinois

ZCTA 60040

Juniper

ZIP Code 60040 is in the lowest 14% nationally for FEMA risk score. It also sits in the highest 8% nationally for home price growth over the past year. And it sits in the highest 10% nationally for median rent.

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

$482,773

Higher than 73% of U.S. ZIP codes
Home Price Growth, Past Five Years

51%

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

32.3

Lower than 86% of U.S. ZIP codes

The boundary of ZIP Code 60040, in Lake, Illinois.

The basics

Total Population

5,301

Median Age

41

Population Density

6,925.04

Home values & property tax

Median Property Tax

$9,161

Property Tax Rateyearly tax as a share of home value

2.3%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.76×

Higher than 67% of U.S. ZIP codes
Median Income

$107,875

Higher than 86% of U.S. ZIP codes
Median Rent

$1,900

Higher than 90% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

12%

Higher than 92% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

29%

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

37%

Climate & weather

Summer Avg High (°F)

81.3

Winter Avg Low (°F)

19.2

Avg Temperature (°F)

49.6

Hot Days/yr (>90°F)

17

Freezing Days/yr (<32°F)

127.5

Annual Precipitation (in)

39.3

Annual Snowfall (in)

33.6

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 60040: frequently asked questions

What is the typical home value in ZIP Code 60040?
The estimated median home value in ZIP Code 60040 today is $482,773, higher than 73% of U.S. ZIP codes.
How much is property tax in ZIP Code 60040?
The median annual property tax in ZIP Code 60040 is $9,161, an effective rate of 2.3% of home value.
Is ZIP Code 60040 expensive to live in?
Homes in ZIP Code 60040 cost about 3.76× the median household income, higher than 67% of U.S. ZIP codes.
What is the average rent in ZIP Code 60040?
The median gross rent in ZIP Code 60040 is $1,900 a month, higher than 90% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 60040?
Home prices in ZIP Code 60040 have moved 51% over the past five years (12% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 60040?
ZIP Code 60040 has a population of 5,301, about 6,925.04 people per square mile, per the U.S. Census American Community Survey. The median age is 41.
What is the weather like in ZIP Code 60040?
ZIP Code 60040 averages 49.6°F year-round, summer highs near 81.3°F, winter lows around 19.2°F (NOAA 1991–2020 normals). It sees about 33.6 inches of snow a year.
Is ZIP Code 60040 at risk of flooding or natural disasters?
ZIP Code 60040's FEMA National Risk Index score is 32.3 (lower than 86% 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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