Interested in purchasing investment houses in the 60042 zip code in Island Lake, IL?
The zip code 60042 is in both McHenry and Lake counties with a latitude of -88.197890000000 and longitude of 42.279280000000, is in the state of Illinois. The average asking price of houses and condos is $149,310.00 and the average sale price was $123,812.00. this regions is classified as the Chicago metro area and consists of the following area codes: 224 and 847. The location in degrees is 42° 16' 45.408" N, 88° 11' 52.404" W. The county F.I.P.S. is 17111. The total land area is 4.6 square miles and the water area is 0.5 square miles. The elevation in this area is 748 - 771 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60042 is in county number 111 and is L. Sector 85, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 8,649 in 2019 and 8,547 in 2010. Of this, the break down in 2019 was 8,626 urban and 22 rural. This further breaks down to 4,457 males (51.5%) and 4,191 females (48.5%). The median age of residents is 43.8 years. The population of the greater Chicago-Naperville-Joliet, IL-IN-WI area is 9,739,919. The population density (people per square mile) is 1,888. This zip code has a combined total of 3,498 houses and condos. There are 610 rented appartments. 18% of residents rent versus the 18% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $54,444 and the average salary is $51,666. The median household income of individuals is $78,150.00 and the average is $62,590.00. This zip code has a mean commute time to work of 35.1 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 20.70% (Under $50,000), 47.70% ($50,000-$100,000), and 31.50% earn over $100,000. 5.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 98.4. The educational breakdown is 93.9% have a high school education or higher, 28.3% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
This area has 3,163 households and the average size is 2.6 people. Individuals who are single and have never been married are 25.1%, 54.0% are now married, 0.8% are separated, 4.1% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $1,841 versus the state average of $4,525. The percent of residents who gave to charity was 38.2%.
The estimated median value of houses and condos is $189,193. The median monthly owner costs of mortgage holders was $1,561, where as the costs for those who don't have a mortgage are $607. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 2.6% which equated to an average real estate tax amount payment of $4,979. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 2.7% which amounted to an average tax amount of $5,218. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.4% which amounted to an average tax amount of $4,348. Reported taxable interest for persons was $493, dividends $1,774, capital gains +$783, and itemized deductions $19,463. The average earned income tax credit is $2,023. The percent of individuals that use a tax preparer is 54.8%. The total average income taxes paid by individuals was $9,046. Businesses reported an average profit of $9,141.
Oink N Goood Bbci
125 E State Rd, Island Lake, IL 60042
Julie's Island Lake
125 E State Rd, Island Lake, IL 60042
Buck Wild Tavern
27509 N Beech St, Island Lake, IL 60042
El Norteno
206 E State Rd, Island Lake, IL 60042
Taco & Burrito Express
215 E State Rd, Island Lake, IL 60042
Sofia's Place
640 E State Rd, Island Lake, IL 60042
Lake Sports Bar
213 E State Rd, Island Lake, IL 60042
Hunan Gourmet Inc
529 Auburn Dr, Island Lake, IL 60042
Island Lake Cafe
310 E State Rd, Island Lake, IL 60042
Island Lake Cafe
310 W State Rd, Island Lake, IL 60042
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