ZIP Code 60046: Population, Income, Housing

State: IL
Total population: 34,613 Household income: $126,042 Rent: $1,655

Overview

Total population
34,613
Rent
$1,655
Year built
1990
Household income
$126,042
Per capita income
$53,329
Poverty rate
4.5%
Unemployment rate
N/A
Household size
2.9 persons
Rent over 30% of income
33.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Illinois
County
Lake County
City
Lake Villa
Total population
34,613
Adults over 25
22,955
Total households
12,064
Household size
2.9 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$126,042
Per capita income
$53,329
Poverty rate
4.5%
Unemployment rate
N/A
Rent over 30% of income
33.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,655
Year built
1990
Households that rent
15.8%
Households that own
84.2%
Rooms per home (all homes)
6.8

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
75.2%
Black
4%
Asian
6.7%
Two or more races
9.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
16.6%
Not Hispanic or Latino
83.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
14,847 (82.1%)
Commute time to work
34 mins
Work from home
3,247 (17.9%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
23.6%
High school graduate or GED
23%
Some college or associate degree
7.7%
Bachelor’s degree or higher
45.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 

Comparison of ZIP Code 60046 with: Lake County, IL Chicago metro area, IL-IN Illinois United States

ZIP 60046

Total population34,613
Rent$1,655
Year built1990
Household income$126,042
Per capita income$53,329
Poverty rate4.5%
Unemployment rateN/A

Lake County, IL

Total population714,223
Rent$1,477
Year built1983
Household income$110,416
Per capita income$57,153
Poverty rate8.3%
Unemployment rate4.5%

Chicago Metro Area, IL-IN

Total population9,371,595
Rent$1,430
Year built1971
Household income$90,887
Per capita income$49,513
Poverty rate11.2%
Unemployment rate5.1%

Illinois State

Total population12,694,798
Rent$1,274
Year built1971
Household income$83,390
Per capita income$46,406
Poverty rate11.8%
Unemployment rate5%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP60046 CountyLake, ILMetro AreaChicago metro area, IL-INStateIllinoisCountryUnited States
Total population34,613714,2239,371,59512,694,798334,922,499
Rent$1,655$1,477$1,430$1,274$1,413
Year built19901983197119711980
Household income$126,042$110,416$90,887$83,390$80,734
Per capita income$53,329$57,153$49,513$46,406$44,673
Poverty rate4.5%8.3%11.2%11.8%12.5%
Unemployment rateN/A4.5%5.1%5%4%

View the full multi-level comparison →

 

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Summary for 60046

Rent & Income

In 60046, the typical monthly rent is $1,655 and the typical household income is $126,042. Rent here is higher than Illinois, and household income is higher than Illinois. The estimated poverty rate is 4.5%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 15.8% of households. Around 33.5% of renters are cost-burdened, indicating a moderate level of rent pressure.

Education & Employment

Educational attainment is very high, with about 45.7% of adults holding a bachelor’s degree or higher.

 

ZIP 60046 — Rent vs Household Income

 

 

ZIP 60046 — Poverty

 

 

How ZIP 60046 compares in Illinois (140 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,655 102 / 140 from lower rent $810 – $2,585
Household income $126,042 23 / 140 from higher income $27,539 – $181,382
Poverty rate 4.5% 13 / 140 from lower poverty 2.4% – 47.8%

Rankings are calculated among ZIP Codes in Illinois with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 60046

Rent

In terms of rental prices, this ZIP stands 102nd out of 140 ZIP Codes in Illinois. Across Illinois, figures vary from $810 in ZIP 61401 up to $2,585 in ZIP 60010.

Household income

When comparing household incomes, ZIP Code 60046 stands 23rd out of 140 ZIP Codes. Throughout Illinois, numbers span from $27,539 in ZIP 61820 up to $181,382 in ZIP 60564.

Poverty rate

Looking at poverty indicators, this ZIP stands 13th out of 140 ZIP Codes. At the state level, values extend from 2.4% in ZIP 60451 up to 47.8% in ZIP 61820.

 

💰 Rent in ZIP Code 60046 (with Utilities)

Estimated Monthly Rent: $1,655 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 60046

Annual Household Income: $126,042

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 60046

Estimated Rate: 4.5%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 60046

In ZIP Code 60046, households that rent: 1,908 (15.8%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 1,908 15.8%
Owner-Occupied 10,156 84.2%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 60046

In ZIP Code 60046, cost-burdened renters (households spending over 30% of income on housing): 639 (33.5%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 639 33.5%
Other renter households 1,269 66.5%
Total renter households 1,908 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 60046

Less than High School: 5,428 people (23.6%)

Includes adults who did not complete high school.

High School Graduate or GED: 5,278 people (23%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 1,766 people (7.7%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 10,483 people (45.7%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 22,955

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.