Back to Explorer

ZIP Code 60047

Lake, Illinois

ZCTA 60047

Juniper

ZIP Code 60047 is in the 98th percentile nationally for median income. It also sits in the highest 10% nationally for median rent. And it sits in the highest 13% nationally for typical home value.

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

$673,451

Higher than 87% of U.S. ZIP codes
Home Price Growth, Past Five Years

46%

Lower than 68% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

62.1

Near the U.S. ZIP codes median

The boundary of ZIP Code 60047, in Lake, Illinois.

The basics

Total Population

44,240

Median Age

42.6

Population Density

1,268.63

Home values & property tax

Median Property Tax

$10,001

Property Tax Rateyearly tax as a share of home value

The Census publishes home values only up to $2 million and incomes up to $250,000, so this ratio cannot be worked out for the most expensive areas.

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.07×

Near the U.S. ZIP codes median
Median Income

$176,081

Higher than 98% of U.S. ZIP codes
Median Rent

$1,930

Higher than 90% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

6.6%

Higher than 74% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

26%

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

26%

Climate & weather

Summer Avg High (°F)

80.2

Winter Avg Low (°F)

16.5

Avg Temperature (°F)

47.9

Hot Days/yr (>90°F)

10.6

Freezing Days/yr (<32°F)

139.6

Annual Precipitation (in)

38.5

Annual Snowfall (in)

43.1

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 60047: frequently asked questions

What is the typical home value in ZIP Code 60047?
The estimated median home value in ZIP Code 60047 today is $673,451, higher than 87% of U.S. ZIP codes.
How much is property tax in ZIP Code 60047?
The median annual property tax in ZIP Code 60047 is $10,001.
Is ZIP Code 60047 expensive to live in?
Homes in ZIP Code 60047 cost about 3.07× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 60047?
The median gross rent in ZIP Code 60047 is $1,930 a month, higher than 90% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 60047?
Home prices in ZIP Code 60047 have moved 46% over the past five years (6.6% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 60047?
ZIP Code 60047 has a population of 44,240, about 1,268.63 people per square mile, per the U.S. Census American Community Survey. The median age is 42.6.
What is the weather like in ZIP Code 60047?
ZIP Code 60047 averages 47.9°F year-round, summer highs near 80.2°F, winter lows around 16.5°F (NOAA 1991–2020 normals). It sees about 43.1 inches of snow a year.
Is ZIP Code 60047 at risk of flooding or natural disasters?
ZIP Code 60047's FEMA National Risk Index score is 62.1 (near the U.S. ZIP codes median). 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 →

TermsPrivacyData disclaimer