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Population
37,222
Median Income
$78,287
Home Value
$252,800
Area Type
Suburban
Verified Data

ZIP Code 60074

Palatine, ILCook County

Population

25,000 - 50,000

~37,222 residents

Median Income

$78,287

Household median

Home Value

$252,800

Median price

Area Type

Suburban

7.1 sq mi

Location

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Detailed Information

Demographics

Population Range:
25,000 - 50,000
Median Income:
$78,287
Classification:
Suburban

Housing Market

Median Value:
$252,800
Price Range:
$200,000 - $300,000
Land Area:
7.1 sq mi

Data Quality: 100%

Excellent

Data from US Census Bureau 2023US Census Bureau

Zillow Home Value Index

Real-time market data powered by Zillow • Updated October 2025

Metro Area: Chicago-Naperville-Elgin, IL-IN-WI

➖ Stable
$294,227

Typical Home Value in 60074

Price Appreciation

1 Month
+0.24%
3 Months
+0.59%
6 Months
+0.52%
1 Year
+2.59%
5 Years
+38.23%

Historical Price Trend

Historical home values show market trends over time. Values are smoothed and seasonally adjusted.

Investment Insight

💡 Note: Past performance doesn't guarantee future results. Consider local market factors, job growth, and development plans when evaluating real estate investments.

Zillow Home Value Index (ZHVI) data provided by Zillow Group. ZHVI represents the typical home value for homes in the 35th to 65th percentile range. Data is updated monthly and reflects market trends as of October 31, 2025.

8.4%

Median Income

$78,287

vs state avg

5.7%

Median Home Value

$252,800

vs state avg

Population

37,222

Suburban

Quality of Life

83/100

Excellent

📊 Lifestyle Snapshot

What's It Like to Live in Palatine?

Key insights about ZIP 60074 at a glance

Population

Population

37,222

Suburban community

Median Income

Median Income

$78k

15% vs national avg

Household earnings

Median Home Value

Median Home Value

$253k

5% vs national avg

Housing market

Affordability

Affordability

3.2

Price-to-income ratio

Your Day in Palatine

Education in Palatine, IL
Morning: Schools & Learning

Start your day with quality education options in Palatine

Shopping & Dining in Palatine, IL
Midday: Shopping & Dining

Explore local shops and restaurants in Palatine

Parks & Recreation in Palatine, IL
Evening: Parks & Recreation

Unwind in green spaces and community areas in Palatine

Quick Compare

See how this stacks up

Explore Palatine, IL

Visual guide to life in this area

Palatine urban cityscape
Cityscape
Dining and entertainment in Palatine
Lifestyle
Shopping areas in Palatine
Shopping
Schools in Palatine
Education
Healthcare facilities in Palatine
Healthcare

Economy & Employment

Job market and economic indicators

Median Household Income
Annual

Median Household Income

$78,287

Median Home Value
Property

Median Home Value

$252,800

Home-to-Income Ratio
Affordability Metric

Home-to-Income Ratio

3.2x

Education & Schools

Educational opportunities and demographics in 60074

Modern school building

Local Schools

Palatine offers diverse educational opportunities for all ages

Education Level

85%

Estimated graduates

Student Age

8189

School-age residents

School Quality

Above Average

Based on area demographics

Healthcare & Wellness

Medical facilities and health resources in your area

Healthcare facility

Quality Healthcare Access

Palatine area has multiple medical facilities serving the community

5-10

Healthcare facilities nearby

< 5mi

Average distance to hospital

Parks & Recreation

Outdoor spaces and recreational activities

Community park

Community Parks

Multiple green spaces and recreational facilities for families

🏞️

Parks

3-5 nearby

Sports

Fields & courts

🏃

Trails

Walking paths

🎪

Events

Community gatherings

Shopping & Dining

Retail, restaurants, and local businesses

Shopping district

Local Shopping

Palatine offers diverse shopping and dining experiences

🍽️

Restaurants

20+ dining options

🛍️

Retail Stores

Major & local shops

Cafes & More

Local favorites

Pros & Cons of Living in ZIP 60074

Advantages

  • Urban amenities and walkability
  • Suburban setting balances urban access and residential calm

Considerations

  • High population density may mean less personal space

Living in Palatine, IL 60074

Palatine offers a unique lifestyle in the heart of IL. This suburban community provides residents with abundant amenities and services.

Urban Living

High walkability with restaurants, shops, and entertainment within walking distance.

Public Transit

Likely access to public transportation options for commuting.

Community Feel

Active neighborhood associations and local events.

Who Lives Here

Middle to upper-middle class families, working professionals, and dual-income households.

Lifestyle & Activities

Urban dwellers who value walkability, cultural amenities, and diverse dining and entertainment options.

Household Composition

Predominantly families with children, along with empty nesters and some young professionals.

What's Life Like Here? (AI Insights)

Data & Demographics

Demographic Distribution

Age Distribution

Education Levels

📊 Data Insights

ZIP 60074 by the Numbers

Interactive data visualizations for Suburban living

12%

Total Population

0

8%

Median Income

$0

15%

Home Value

$0

0%

Quality Score

0/100

Comparative Metrics

Population Density
37,222

37.2% of max (100,000)

Income Level
78,287

52.2% of max (150,000)

Housing Market
252,800

31.6% of max (800,000)

35.42

out of 100

Affordability

Below Average

74.44

out of 100

Community Size

Good

52.19

out of 100

Economic Strength

Fair

Transportation & Commute

Average commute time is approximately 30 minutes, typical for suburban areas.

Distance to Major Cities

Regional Hub

15-40 miles

25-60 min

drive time

Note: Commute times are estimates and may vary based on traffic conditions, time of day, and specific locations.

Weather & Climate

Climate Type

Varied regional climate

Seasonal Pattern

Four distinct seasons with typical North American weather patterns

Weather Highlights

  • Seasonal variety
  • Regional weather characteristics
  • Diverse outdoor activities
🏘️ Neighborhood Explorer

Discover Palatine Amenities

Everything you need, right in your neighborhood

Schools in Palatine, IL

Schools

12+ locations

Healthcare in Palatine, IL

Healthcare

8+ locations

Shopping in Palatine, IL

Shopping

50+ locations

Parks in Palatine, IL

Parks

15+ locations

📈 Comparative Analysis

How Does Palatine Stack Up?

See how ZIP 60074 compares to state and national averages

Income Comparison

This ZIP$78k
IL Average+8%
National Average+12%

Home Value Comparison

This ZIP$253k
IL Average+10%
National Average+15%

Ready to Explore More?

Compare Palatine with other areas or find your perfect ZIP code match

Living Here: Pros & Cons (AI Analysis)

Who Lives Here?

Community Profile

ZIP code 60074 in Palatine, IL (Cook) is a established community with approximately 37,222 residents. The area is classified as suburban, offering a balance of convenience and space.

Income Demographics

The median household income is $78,287, which is above national average. This suggests a community with diverse economic backgrounds and accessible cost of living.

Fun Fact: Suburban areas are popular with families looking for good schools and community feel.

Housing & Rent

Median Home Value

$252,800

Moderate Market

Est. Monthly Rent

$1,011

Typical 2-3BR

Market Overview

The housing market in ZIP 60074 is balanced pricing for various buyers. With a median home value of $252,800, this area offers attractive opportunities for buyers at various price points.

Rent vs Buy

Renting in this ZIP code typically costs around $1,011/month for a 2-3 bedroom home. The moderate rental prices make this area accessible for both renters and buyers.

Jobs & Income

Median Household Income

$78,287

Per Year

Job Market

Palatine offers a diverse job market with opportunities primarily in retail, education, healthcare, and corporate. Many residents commute to nearby city centers while enjoying suburban living.

Commute & Transportation

Average commute times in this area are approximately 25-35 minutes. Most residents drive to work, with access to major highways and roads.

Schools Overview

School Quality

ZIP code 60074 in Palatine, IL generally features quality schools with diverse offerings. The area's good school ratings make it suitable for families seeking quality education options.

Education Options

Families in this ZIP code typically have access to public schools, private institutions, and charter options. Suburban schools often feature strong extracurricular programs and community involvement.

Check School Ratings

For detailed school ratings and reviews in ZIP 60074, visit:

GreatSchools.org →

Is ZIP 60074 a Good Place to Live?

Whether ZIP code 60074 in Palatine, IL is right for you depends on your priorities. Here's a balanced look:

Pros

  • Balance of space and convenience

Cons

  • May require commuting for work

The Bottom Line

ZIP code 60074 is perfect for families and professionals seeking community, space, and quality of life. Consider visiting the area and exploring nearby neighborhoods to get a true feel for the lifestyle.

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Frequently Asked Questions

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