How much is a home worth in ZIP code 60046?

The typical home in 60046 is worth $353,420, based on the Zillow Home Value Index.

Are home values rising in 60046?

Home values in 60046 are up 4.7% over the past year, and up 7.1% a year over five years.

What is the typical rent in 60046?

A typical home in 60046 rents for about $2,284 a month, a gross rental yield of 7.8%.

What is the property tax rate in 60046?

The effective property tax rate in 60046 is 2.9% — roughly $10,253 a year on a typical home.

ZIP code 60046 has a population of 34,613 and a median household income of $126,042.

HousingHandbookReference data

…

U.S. ZIP Code · IL60046

Lake County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$353,420^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.7%
5-year / yr: +7.1%
10-year / yr: +5.5%

Relative price

vs U.S.: +24.4%
vs metro: +4.9%
vs state: +84.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60046 is worth $353,420 — 4.9% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 4.7%. Homes here rent for a typical $2,284 a month — a 7.8% gross rental yield. The effective property tax rate is 2.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,284^[2]
Gross yield: 7.8%^[2]
Cap rate: 4.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.9%^[3]
Typical annual tax: $10,253^[3]

#Climate risk

FEMA National Risk Index ratings for Lake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 34,613^[3]
Median household income: $126,042^[3]

#Migration

Household moves in and out of Lake County over a year, from IRS tax-return data.

Net migration: -3,128^[5]
Moved in: 15,148
Moved out: 18,276

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 2
High: 2

Lakes Community High School
High · Grades 9–12 · CHSD 117
1,329 students
Peter J Palombi School
Middle · Grades 6–8 · Lake Villa CCSD 41
851 students
B J Hooper Elem School
Elementary · Grades PK–5 · Lake Villa CCSD 41
571 students
Oakland Elementary School
Elementary · Grades K–5 · Antioch CCSD 34
540 students
Olive C Martin School
Elementary · Grades PK–5 · Lake Villa CCSD 41
535 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.8%

Net yield (after ~40% expenses)4.7%

Annual rent$27,407

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,787

Loan principal$282,736

Down payment$70,684

Total interest paid$360,614

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.29

Monthly cost to own$2,936

Monthly rent$2,284

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 83rd percentile^[1]
Rental yield: 66th percentile^[2]
Property tax: 99th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60046?: The typical home in 60046 is worth $353,420, based on the Zillow Home Value Index.
Are home values rising in 60046?: Home values in 60046 are up 4.7% over the past year, and up 7.1% a year over five years.
What is the typical rent in 60046?: A typical home in 60046 rents for about $2,284 a month, a gross rental yield of 7.8%.
What is the property tax rate in 60046?: The effective property tax rate in 60046 is 2.9% — roughly $10,253 a year on a typical home.
Who lives in 60046?: ZIP code 60046 has a population of 34,613 and a median household income of $126,042.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

47943 vs 60046 →
IN
Typical home
$353,792
Gross yield
—
60152 vs 60046 →
Marengo, IL
Typical home
$352,829
Gross yield
—
60504
Aurora, IL
Typical home
$352,355
Gross yield
7.4%
60555
Warrenville, IL
Typical home
$354,504
Gross yield
7.8%
60431
Joliet, IL
Typical home
$351,823
Gross yield
9.8%
60030
Grayslake, IL
Typical home
$351,576
Gross yield
7.8%

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Pit ZIP 60046 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60046

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