Interested in purchasing investment houses in the 60067 zip code in Palatine, IL?
The zip code 60067 is in Cook county with a latitude of -88.065390000000 and longitude of 42.106580000000, is in the state of Illinois. The average asking price of houses and condos is $387,534.00 and the average sale price was $303,475.00. 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° 6' 23.688" N, 88° 3' 55.404" W. The county F.I.P.S. is 17031. This zip code contains five cities including Palatine, IL (58.48%), Inverness, IL (27.18%), Rolling Meadows, IL (4.02%), Schaumburg, IL (0.60%), and Hoffman Estates, IL (0.56%) The total land area is 13.7 square miles and the water area is 0.1 square miles. The elevation in this area is 732 - 817 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60067 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 38,252 in 2019 and 38,585 in 2010. This further breaks down to 17,952 males (46.9%) and 20,301 females (53.1%). The median age of residents is 44.5 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 2,787. This zip code has a combined total of 16,554 houses and condos. There are 3,452 rented appartments. 22% of residents rent versus the 22% 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 $111,358 and the average salary is $86,885. The median household income of individuals is $90,474.00 and the average is $135,260.00. This zip code has a mean commute time to work of 31.5 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 22.40% (Under $50,000), 32.60% ($50,000-$100,000), and 45.10% earn over $100,000. 5.3% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 103.1. The educational breakdown is 98.1% have a high school education or higher, 63.3% have a bachelor's degree or higher, and 26.2% have some kind of profesional degree.
This area has 15,599 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.8%, 57.9% are now married, 1.0% are separated, 5.6% are widowed, and 9.7% are divorced. The average yearly contribution amount given by people to charity was $4,558 versus the state average of $4,525. The percent of residents who gave to charity was 47.6%.
The estimated median value of houses and condos is $405,477. The median monthly owner costs of mortgage holders was $2,523, where as the costs for those who don't have a mortgage are $1,066. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $9,268. 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 2.3% which amounted to an average tax amount of $9,434. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.2% which amounted to an average tax amount of $8,796. Reported taxable interest for persons was $2,517, dividends $11,624, capital gains +$14,455, and itemized deductions $32,327. The average earned income tax credit is $1,679. The percent of individuals that use a tax preparer is 53.9%. The total average income taxes paid by individuals was $17,157. Businesses reported an average profit of $18,854.
Palatine - Lou Malnati's Pizzeria
287 N Northwest Hwy, Palatine, IL 60067
Thai Cuisine
1933 S Plum Grove Rd, Palatine, IL 60067
Sushi-Ai
710 W Euclid Ave, Palatine, IL 60067
Sushi Togo Inc
220 N Smith St, Palatine, IL 60067
World's Best Barbecue Inc
758 W Euclid Ave, Palatine, IL 60067
BBQ Patio Incorporated
828 S Hicks Rd, Palatine, IL 60067
Pops Bar & Grill
19 N Bothwell St, Palatine, IL 60067
Red Apple Pancake House & Cafe
2121 Plum Grove Rd, Palatine, IL 60067
Bakers Square
270 E Northwest Hwy, Palatine, IL 60067
Palatine Inn Restaurant
95 W Northwest Hwy, Palatine, IL 60067
Tap House Grill
56 W Wilson St, Palatine, IL 60067
Dario's
51 W Wilson St, Palatine, IL 60067
Sweet C's Bakery
10 N Bothwell St, Palatine, IL 60067
Brandt's of Palatine
807 W Northwest Hwy, Palatine, IL 60067
Heng Wing Restaurant
121 W Palatine Rd, Palatine, IL 60067
Fortune Noodle
375 W Northwest Hwy, Palatine, IL 60067
Gianni's Cafe
18 W Station St, Palatine, IL 60067