Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 60061, Illinois?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 60061, Illinois (ZIP 60061) is $1,908/month (±$126), based on Census ACS 5-Year estimates (2024). The median home value is $416,700 (±$13,657), and the median household income is $124,468/year. The unemployment rate in Lake County, Illinois was 4.5% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 60061
| Metric | Value |
|---|---|
| Median Gross Rent | $1,908 |
| Median Home Value | $416,700 |
| Median Household Income | $124,468 |
| Total Housing Units | 11,343 |
| Renter-Occupied Units | 3,606 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 927 households |
| Unemployment Rate(April 2026) | 4.5% |
How does ZIP 60061 compare?
Median gross rent ranked against all ZIP codes in Illinois.
Higher rent than 95% of ZIP codes in Illinois · 56th of 1173
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 60712 | $3,501 |
| 1 | ZCTA5 60461 | $3,501 |
| 1 | ZCTA5 60184 | $3,501 |
| … 52 more … | ||
| 56 | ZCTA5 60061(you are here) | $1,908 |
| … 1114 more … | ||
| 1171 | ZCTA5 62459 | $283 |
| 1172 | ZCTA5 62931 | $246 |
| 1173 | ZCTA5 62921 | $99 |
Geography
ZIP 60061 is in Lake County, Illinois.
It covers part of Vernon Hills village city, Illinois.
More data for ZCTA5 60061
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Frequently asked questions
What is the average rent in ZCTA5 60061, Illinois?
The median gross rent in ZCTA5 60061, Illinois (ZIP 60061) is $1,908/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 60061, Illinois?
The median rent for a 2-bedroom in ZCTA5 60061, Illinois is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 60061, Illinois?
The median home value in ZCTA5 60061, Illinois (ZIP 60061) is $416,700 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 60061 are rent-burdened?
In ZCTA5 60061, Illinois, 927 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 60061, Illinois?
The median household income in ZCTA5 60061, Illinois is $124,468/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,908 has a margin of error of ±$126. In very small areas, MOEs can be large relative to the estimate.
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