ZIP Code 60046 — Lake Villa village, IL Demographics & Data

ZIP code 60046 covers Lake Villa, IL in Lake County with a population of about 34,708.

At a glance, the area shows median age of 38.3 (near the U.S. median).

It sits in telephone area codes 224, 847; U.S. House district IL-10; the CHICAGO media market.

Median household income in ZIP 60046 is about $122,376 — about 63% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.1%; unemployment rate near 6.0%; 42.0% of adults with a bachelor’s degree or higher (about 8.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Retail trade, and Education; about 15.2% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $282,500 — about 19% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,436 (about 23% above the U.S. median rent ($1,163)), and owner-occupancy near 81.9% (about 16.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 60046 in Lake Villa, IL, a household would need roughly $78,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,815. That sits below the local median household income ($122,376), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Lake Villa village, IL as Relatively High (composite score 96.0), which is among the highest nationally. The strongest component scores on US5 are flood (97.2) and wildfire (44.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Lake Villa village, IL show little to no average snow and around 37.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,932 for ZIP 60046 (Lake Villa village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.