Zip Code 60123
Elgin, Illinois — Kane County
📍 ZIP code 60123 is in Elgin, Kane County, Illinois.
ZIP code 60123 is located in Elgin, Kane County, Illinois. It is a zip code in the Central (CST/CDT) Time Zone with an estimated population of 48,821. The area code for ZIP code 60123 is 312.
Quick Answer
Zip code 60123 is in Elgin, Illinois (Kane County). It has a population of 48,821, median household income of $86,762, and median home value of $242,200.
Population
48,821
Income
$86,762
Home Value
$242,200
Climate
84°F / 14°F
About Zip Code 60123
Zip code 60123 is located in Elgin, Illinois, within Kane County. Home to approximately 48,821 residents, this area sits at an elevation of 810 ft and falls within the Central (CST/CDT) timezone. The local area code is 312.
The median household income is $86,762 per year, which is above the national median of $70,784. Homes in this zip code have a median value of $242,200, and the cost of living index is 94 (6% below the national average of 100).
Summers average a high of 84°F while winters drop to 14°F. The area receives about 40 in of rain and 32 in of snow annually. The zip code covers 13.7 square miles of land area and 0.3 square miles of water.
Key Statistics
48,821
$86,762
$242,200
Central (CST/CDT)
312
810 ft
13.7 sq mi
39.7
18,129
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Compare With Nearby Zip Codes
| Metric | 60123 | 60177 | 60120 | 60118 | 60110 | 60136 |
|---|---|---|---|---|---|---|
| City | Elgin, IL | Elgin, IL | Hanover Park, IL | West Dundee, IL | Carpentersville, IL | Gilberts, IL |
| Population | 48,821 | 24,030 | 50,774 | 15,692 | 39,028 | 8,623 |
| Median Income | $86,762 | $123,700 | $80,305 | $104,572 | $87,714 | $124,338 |
| Home Value | $242,200 | $296,200 | $227,000 | $340,000 | $224,300 | $330,100 |
| Cost of Living | 94 | 124 | 88 | 122 | 92 | 133 |
| Median Age | 39.7 | 39.5 | 33.4 | 41.9 | 33.8 | 40.3 |
Cost of Living
100 = National Average. Elgin's cost of living is 6% below the national average.
vs. State Avg
Below
Affordability
Affordable
Income-to-Home
2.8x
Demographics
Zip code 60123 has a population of 48,821 people with a median age of 39.7. There are 18,129 housing units in this area.
Racial & Ethnic Composition
Source: U.S. Census Bureau American Community Survey estimates.
Population History
Elgin (60123) population trend from 2010 to 2024
↑ 58.9%Source: U.S. Census Bureau estimates and American Community Survey data.
Climate & Weather
84°F
14°F
40 in
32 in
Elgin experiences warm summers with average highs around 84°F. Winters are cold with lows averaging 14°F. With 32 in of annual snowfall, residents should be prepared for significant winter weather.
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Housing & Economy
Median Home Value
$242,200
Median Household Income
$86,762
With 18,129 housing units across 13.7 square miles, 60123 has a housing density of 1,323 units per square mile. The home price-to-income ratio is 2.8x.
Location & Geography
Latitude
42.0406°
Longitude
-88.3113°
Land Area
13.7 sq mi
Water Area
0.3 sq mi
Nearby Zip Codes
Zip codes closest to 60123 (Elgin, IL) with distances:
All Zip Codes in Elgin, IL
Other zip codes serving Elgin:
ZIP Codes with Similar Income Nationwide
The five U.S. ZIP codes whose median household income is closest to 60123's $86,762. A way to compare Elgin to economically similar communities elsewhere in the country.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
ZIP Codes with Similar Demographics
The five U.S. ZIP codes whose racial and ethnic composition most closely matches 60123 (Elgin, IL). Similarity is measured by cosine distance on the five-category ACS demographic vector.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
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People Also Ask
What zip code is Elgin, Illinois?
Elgin, Illinois uses zip code 60123 along with 1 other zip codes.
What county is zip code 60123 in?
Zip code 60123 is located in Kane County, Illinois.
What is the population of zip code 60123?
The population of zip code 60123 is 48,821 with a median age of 39.7.
Is 60123 in Elgin, Illinois?
Yes, zip code 60123 is in Elgin, Kane County, Illinois. The area code is 312.
Frequently Asked Questions
What city is zip code 60123 in?
Zip code 60123 is in Elgin, Illinois. It is part of Kane County and uses the Central (CST/CDT) timezone.
What is zip code 60123?
Zip code 60123 is a U.S. postal code in Elgin, Illinois (Kane County). It has a population of 48,821 and covers 13.7 square miles.
What is the population of zip code 60123?
The population of zip code 60123 (Elgin, IL) is 48,821 with a median age of 39.7. There are approximately 18,129 housing units in this area.
What is the median income in zip code 60123?
The median household income in zip code 60123 (Elgin, IL) is $86,762 per year. The cost of living index is 94 (100 = national average).
What is the average home price in zip code 60123?
The median home value in zip code 60123 (Elgin, IL) is $242,200. The cost of living index is 94 compared to the national average of 100.
What county is zip code 60123 in?
Zip code 60123 is located in Kane County, Illinois. The primary city is Elgin.
What is the area code for zip code 60123?
Zip code 60123 in Elgin, IL uses area code 312. It is located in the Central (CST/CDT) timezone.
Is zip code 60123 a good place to live?
Zip code 60123 (Elgin, IL) has a cost of living index of 94 (100 = national average), a median household income of $86,762, and median home values of $242,200. The median age is 39.7. Visit the full page for demographics, climate, and nearby zip code comparisons.
What is the cost of living in zip code 60123?
The cost of living index for zip code 60123 (Elgin, IL) is 94, where 100 represents the national average. This area is below the national average. Median home value: $242,200.
What schools serve zip code 60123?
Zip code 60123 in Elgin, Illinois is served by the local school district of Kane County. For specific school information, check your state's department of education or GreatSchools.org.
All demographic data on this page is sourced from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates. ZIP code boundary and delivery data is sourced from the United States Postal Service (USPS). Data is updated periodically and may not reflect the most current figures. Census Bureau ZIP Code Tabulation Areas (ZCTAs) may differ slightly from USPS ZIP code boundaries.
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Data Sources
- Population, income, housing, age, and demographics
- U.S. Census Bureau, American Community Survey 5-Year Estimates, 2019-2023 vintage.
- ZIP to city and county mapping
- USPS and HUD-USPS ZIP-County Crosswalk.
- Time zones and area codes
- IANA tz database and NANPA.
- Elevation
- U.S. Geological Survey National Elevation Dataset (NED), via the USGS Elevation Point Query Service. Mapped to each ZCTA centroid coordinates. Last refreshed 2026-05-19.
- Last refreshed
- 2026-05-18.