🇺🇸 United States ZIP Code

STANDARD

60124

Elgin

ZIP Code 60124 is a standard zip code serving Elgin, Elgin, Illinois (IL), in Kane County, United States. It has an estimated population of 18,935 with a median household income of $102,059. The area falls within the America/Chicago timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: Illinois (IL)
County: Kane
City: Elgin
Timezone: America/Chicago

Coordinates

Latitude: 42.029300
Longitude: -88.374700

Geographic Details

Land Area: 38.25 mi²
Water Area: 0.07 mi²
Population Density: 495.0 people per mi² (70th percentile)
Bounding Box: 42.103385°N, 41.968783°S, -88.335141°E, -88.489125°W

With 18,935 residents spread across 38.25 square miles, this area has a population density of 495.0 people per square mile.

Demographics

18,935

Population

80th percentile

$102,059

Median Income

95th percentile

$289,400

Median Home Value

85th percentile

38.25 mi²

Land Area

The median household income in 60124 is $102,059, and the median home value is $289,400. This places the area in the top 25% nationally for household income.

Housing

6,987

Total Units

6,603

Occupied Units

94.5%

Occupancy Rate

Nearby ZIP Codes

Other zip codes in Elgin, IL.

60120

Elgin

60121

Elgin

60122

Elgin

60123

Elgin

Similar ZIP Codes in Illinois

ZIP codes with similar median household income in Illinois.

60439

Lemont

$92,089

60585

Plainfield

$116,713

60540

Naperville

$100,612

60422

Flossmoor

$98,140

60543

Oswego

$91,461

60103

Bartlett

$93,352

60083

Wadsworth

$90,093

60062

Northbrook

$100,520

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.