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AREA INFORMATION

60074 (Palatine, IL)

Explore the real estate in 60074 (Palatine, IL)

Area Highlights

60074 (Palatine, IL) residents have a median age of 37 years old, with employment highest in the transportation and sales industries.

34,934 Population

13,563 Households

$78,154 /yr
Median Household Income

$243,000
Median Home Sale Price

26m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

37 Median Age

Average Household Size

2.6
persons per
household

46.3%

Married Households

Community Population By Education

Bachelors Degree 28%
High School Graduate 19%
Some College 16%
Graduate Degree 16%
Some High School 14%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 27.77% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.7% of households have children

Area Schools

9-12
0.9 MILES
B
Palatine High School
KG-5
1.3 MILES
C
Virginia Lake Elementary School
KG-5
1.6 MILES
C
Jane Addams Elementary School
KG-5
2.1 MILES
C-
Lake Louise Elementary School
6-8
2.3 MILES
C-
Winston Campus Junior High School
PK-6
2.4 MILES
C+
Winston Campus Elementary School
1-12
2.9 MILES
South Campus

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$78,154 /yr
Median Household Income
$243,000
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.7% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 11%
  • Public Transit 3%
  • Walk or Bike 2%

Occupancy by Type

Owned 8,286 58%
Rented 5,277 37%
Vacant 708 5%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 37 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 55%
Hispanic 31%
Other 17%
Asian 10%
Black 4%
Native American 1%
The most prevalent ethnicity is White at 55%, followed by Hispanic at 31%, Other at 17%, and Asian at 10%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° July
Hottest Average Month
13° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
29°
Feb
17°
34°
Mar
26°
44°
Apr
37°
58°
May
47°
70°
Jun
57°
79°
Jul
62°
84°
Aug
61°
82°
Sep
53°
74°
Oct
42°
63°
Nov
30°
47°
Dec
19°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$2,500,000
For sale
1.94 acres

20420 N Rand Road
Deer Park, IL 60074

$450,000
For sale
1 acres

628 S WILKE Road
Palatine, IL 60074

$508,000
For sale
3 acres

20638 Lake Cook Road
Palatine, IL 60074

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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