Census ACS · ZIP Code Tabulation Area

60040 Income Statistics for 2026

Lake County, Illinois

Median household income

$107,875

Median household income ($107,875) is lower than Lake County County ($121,317).

60040$107,875
Lake County County$121,317
60045$233,125
60035$168,094
60015$183,125
60048$173,975
60047$176,081

Average household income

$133,916

Average household income ($133,916) is lower than Lake County County ($156,098).

60040$133,916
Lake County County$156,098
60045$298,127
60035$250,788
60015$249,478
60048$233,486
60047$229,896

Per-capita income

$51,301

Per-capita income ($51,301) is lower than Lake County County ($57,975).

60040$51,301
Lake County County$57,975
60045$107,457
60035$98,275
60015$92,513
60048$85,758
60047$81,812

Households earning $100k+

55.9%

Households earning $100k+ (55.9%) is higher than Lake County County (55.0%).

6004055.9%
Lake County County55.0%
6004575.0%
6003569.6%
6001572.4%
6004875.0%
6004775.1%

All demographics

Population
5,301
Households
2,025
Median age
41.0 yrs
Median household income
$107,875
Mean household income
$133,916
Per capita income
$51,301
Median home value
$405,400
Median gross rent
$1,900
Owner-occupied housing
56.0%
Bachelor's degree or higher
39.1%
In labor force
68.8%
Poverty rate
16.0%
Households earning $100k+
55.9%
Population under 5
4.0%
Population age 18–34
20.1%
Population age 25–44
20.9%
Population age 45–64
23.8%
Population age 65+
21.5%
Hispanic or Latino
36.6%
Black (non-Hispanic)
1.2%
Asian (non-Hispanic)
2.1%
Unemployment rate
5.9%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/illinois/60040

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 60040 income statistics ($107,875 median)

ZIP Code Tabulation Area 60040 in Illinois is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 60040 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 5,301 people live in this ZCTA. Median household income here ($107,875) is lower than Lake County County ($121,317). Operators sizing a local market often pair median income with mean income ($133,916) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Illinois·ZIP codes in Lake County