Zip Code
60123
City
Elgin, IL
Population & Migration
What is the forecasted population for Zip code 60123 Elgin, IL?
- Population census 2020
- 49,765
- Forecasted population 2025
- 50,227
- 0.9% vs. 2020
- Forecasted population 2030
- 51,299
- 3.1% vs. 2020
Zip code 60123 Elgin, IL population is forecasted to decrease 0.9% by 2025 (-3.8 points below the 4.7% national average).
Powered by Aterio US Population Forecast dataset
Explore dataset
Housing and Affordability
With a forecasted population of 50,227 people for 2025 zip code 60123 Elgin, IL will generate a good demand for housing, which is expected to have a deficit of 559 houses for 2030. Vacancy rate is 6.5 points below national US average.
- Total homes available 2020
- 18,147
- Estimated total home demand in 2030
- 18,706
- Total homes balance inventory
- 559
Average Household Income in zip code 60123 Elgin, IL
from Internal Revenue Service
- Average household income in 2021
- $88,583
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
Powered by Aterio US Housing Forecast dataset
Explore dataset
Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 60123 Elgin, IL?
County total number of drinking water violations
1191
+427%
226
County total number of drinking water contaminations
80
+248%
23
Powered by Aterio US Drinking Water System Ratings dataset
Explore dataset