This data is based on ZIP codes 60020, 60041, 60081, which covers Fox Lake and Spring Grove and Volo.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 60020, 60041, 60081 area shared across these towns.
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Fox Lake ZIP Area Economy · 2023
Wages -32% vs. avg. Lake Co. town
Fox Lake's ZIP area supports 5,651 jobs across 649 businesses, with workers earning an average of $59K per year, 32% below the Lake County average. The economy is well-diversified (0.91 index), led by construction and other services. 90.8% of businesses have fewer than 20 employees, and each business employs an average of 8.7 people. Jobs grew 2.8% from the prior year while business count declined 0.2%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Lake Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
649 businesses by employee count. 90.8% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Large (100-249)
Medium (50-99)
Economic Densityi
0.51
jobs per resident
8.7
employees per business
County avg: 14.7-41%
$30K
payroll per resident
$517K
payroll per business
Fox Lake ZIP Area vs. Avg. Lake Co. Towni
All Industries in ZIP Areai
| Sector | Fox Lake ZIP | Avg. Lake Co. | Spec. |
|---|---|---|---|
| Construction | 129 | 149 | 1.9x |
| Other Services | 70 | 121 | 1.3x |
| Retail Trade | 69 | 139 | 1.1x |
| Food & Accommodation | 67 | 104 | 1.4x |
| Admin Services | 52 | 107 | 1.1x |
| Professional Services | 48 | 214 | 0.5x |
| Manufacturing | 45 | 50 | 2.0x |
| Healthcare | 32 | 152 | 0.5x |
| Finance & Insurance | 29 | 86 | 0.7x |
| Real Estate | 27 | 64 | 0.9x |
| Transportation | 24 | 67 | 0.8x |
| Wholesale Trade | 21 | 78 | 0.6x |
| Arts & Entertainment | 19 | 29 | 1.4x |
| Information | 7 | 20 | 0.8x |
| Education | 3 | 22 | 0.3x |