This data is based on ZIP code 60042.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Island Lake ZIP Area Economy · 2023
Wages -51% vs. avg. Lake Co. town
Island Lake's ZIP area supports 816 jobs across 164 businesses, with workers earning an average of $43K per year, 51% below the Lake County average. The economy is well-diversified (0.92 index), led by construction and retail trade. 95.1% of businesses have fewer than 20 employees, and each business employs an average of 5.0 people. Jobs grew 2.9% from the prior year while business count grew 2.5%.
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
164 businesses by employee count. 95.1% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Economic Densityi
0.10
jobs per resident
5.0
employees per business
County avg: 14.7-66%
$4K
payroll per resident
$213K
payroll per business
Island Lake ZIP Area vs. Avg. Lake Co. Towni
All Industries in ZIP Areai
| Sector | Island Lake ZIP | Avg. Lake Co. | Spec. |
|---|---|---|---|
| Construction | 31 | 149 | 1.8x |
| Retail Trade | 20 | 139 | 1.2x |
| Other Services | 20 | 121 | 1.4x |
| Admin Services | 18 | 107 | 1.4x |
| Food & Accommodation | 17 | 104 | 1.4x |
| Transportation | 13 | 67 | 1.7x |
| Healthcare | 12 | 152 | 0.7x |
| Professional Services | 7 | 214 | 0.3x |
| Manufacturing | 5 | 50 | 0.9x |
| Real Estate | 5 | 64 | 0.7x |
| Wholesale Trade | 4 | 78 | 0.4x |
| Finance & Insurance | 4 | 86 | 0.4x |