ZIP Code 60042 — Island Lake, IL

IRS Income Data, Tax Year 2022

$74,262
Average AGI
#10,944
National Rank
#543
IL State Rank
4,470
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 60042.

$1 - $25,000
22.4%
$25,000 - $50,000
23.0%
$50,000 - $75,000
16.8%
$75,000 - $100,000
11.9%
$100,000 - $200,000
21.3%
$200,000 or more
4.7%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,000 $12,156,000 $12,156 22.4%
$25,000 - $50,000 1,030 $38,374,000 $37,256 23.0%
$50,000 - $75,000 750 $46,200,000 $61,600 16.8%
$75,000 - $100,000 530 $46,568,000 $87,864 11.9%
$100,000 - $200,000 950 $128,112,000 $134,854 21.3%
$200,000 or more 210 $60,542,000 $288,295 4.7%
Total 4,470 $331,952,000 $74,262 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Kenosha, WI 27 mi $66,177 53,930
Lincolnwood, IL 30 mi $87,261 51,300
Aurora, IL 35 mi $60,603 68,870
Naperville, IL 37 mi $167,679 79,280
Racine, WI 37 mi $67,743 62,510
Chicago, IL 40 mi $100,730 1,041,890

Similar ZIP Codes in Illinois

ZIP Code City Avg AGI Nat. Rank
61231 Aledo $74,297 #10,930
62088 Staunton $74,347 #10,910
61721 Armington $74,361 #10,905
62441 Marshall $74,151 #10,995
60921 Chatsworth $74,141 #11,003
62479 Wheeler $74,400 #10,896
61474 Saint Augustine $74,075 #11,026
61920 Charleston $74,050 #11,037

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
60021 Fox River Grove, IL 5.1 mi $104,591 #4,153
60013 Cary, IL 5.6 mi $105,037 #4,107
60010 Barrington, IL 5.9 mi $287,186 #403
60084 Wauconda, IL 6.1 mi $97,479 #5,002
60012 Crystal Lake, IL 6.6 mi $136,832 #2,140
60047 Long Grove, IL 6.9 mi $204,872 #838
60041 Ingleside, IL 6.9 mi $74,806 #10,709
60050 Mc Henry, IL 7.0 mi $79,361 #9,012

About This Data

Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 1,228 ZIP codes in Illinois and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.