This data is based on ZIP codes 60030, 60046, which covers Third Lake and Grayslake and Hainesville and Lake Villa and Lindenhurst and Old Mill Creek.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 60030, 60046 area shared across these towns.
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Third Lake ZIP Area Economy · 2023
Wages -44% vs. avg. Lake Co. town
Third Lake's ZIP area supports 12,250 jobs across 1,428 businesses, with workers earning an average of $49K per year, 44% below the Lake County average. The economy is well-diversified (0.90 index), led by construction and professional services. 89.6% of businesses have fewer than 20 employees, and each business employs an average of 8.6 people. Jobs grew 7.9% from the prior year while business count declined 1%.
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
1,428 businesses by employee count. 89.6% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
8.6
employees per business
County avg: 14.7-42%
$529K
payroll per resident
$421K
payroll per business
Third Lake ZIP Area vs. Avg. Lake Co. Towni
All Industries in ZIP Areai
| Sector | Third Lake ZIP | Avg. Lake Co. | Spec. |
|---|---|---|---|
| Construction | 205 | 149 | 1.4x |
| Professional Services | 186 | 214 | 0.9x |
| Healthcare | 179 | 152 | 1.2x |
| Other Services | 162 | 121 | 1.3x |
| Retail Trade | 128 | 139 | 0.9x |
| Food & Accommodation | 116 | 104 | 1.1x |
| Admin Services | 110 | 107 | 1.0x |
| Finance & Insurance | 69 | 86 | 0.8x |
| Transportation | 62 | 67 | 0.9x |
| Wholesale Trade | 55 | 78 | 0.7x |
| Real Estate | 45 | 64 | 0.7x |
| Manufacturing | 42 | 50 | 0.8x |
| Arts & Entertainment | 30 | 29 | 1.0x |
| Education | 29 | 22 | 1.3x |
| Information | 18 | 20 | 0.9x |
| Management | 3 | 10 | 0.3x |