62629 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
62629
60124
Opportunity
49 · Bottom 39%
vs50 · Bottom 41%
Growth
38 · Bottom 30%
vs28 · Bottom 14%
Climate
67 · Bottom 39%
vs60 · Bottom 16%
Physical resilience
79 · Top 25%
vs77 · Top 27%
Housing affordability
100 · Top 9%
vs99 · Top 11%
Schools
54 · Top 47%
vs59 · Top 40%
Access
98 · Top 22%
vs87 · Bottom 32%
Economic stability
89 · Top 1%
vs90 · Top 1%
Measured values
| Metric | 62629 | 60124 | Source period |
|---|---|---|---|
| Population | 15,413 | 24,487 | 2024 ACS 5-Year |
| Median household income | $107,250 | $139,982 | 2024 ACS 5-Year |
| Per capita income | $47,650 | $61,310 | 2024 ACS 5-Year |
| Population density | 442/sq mi | 642/sq mi | 2024 ACS 5-Year |
| Median home value | $243,800 | $430,900 | 2024 ACS 5-Year |
| Median gross rent | $1,256 | $1,957 | 2024 ACS 5-Year |
| Homeownership rate | 81.6% | 92.4% | 2024 ACS 5-Year |
| Unemployment rate | 4.4% | 4.7% | June 2026 |
| Employment change (year over year) | -2.4% | -2.2% | June 2026 |
| Bachelor's degree or higher | 53.8% | 49.5% | 2024 ACS 5-Year |
| Poverty rate | 3.1% | 2.5% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 31 | 184 | 12 months ending July 2026 |
| Permits per 1,000 residents | 2.1 | 1.6 | 12 months ending July 2026 |
| Permit change (year over year) | -3.1% | -48.5% | 12 months ending July 2026 |
| Average July high | 87°F | 84°F | 1991-2020 Normals |
| Average January low | 20°F | 16°F | 1991-2020 Normals |
| Annual precipitation | 38.0" | 33.2" | 1991-2020 Normals |
| Distance to major airport | 12 mi | 25 mi | NASR current cycle |
| Average commute | 24.6 min | 32.0 min | 2024 ACS 5-Year |
| Median age | 36.1 | 43.7 | 2024 ACS 5-Year |
| Public schools | 6 | 4 | 2024-25 school year |
| Students per teacher | 17.44 | 15.41 | 2024-25 school year |
| Math proficiency | 29.1% | 29.4% | 2019-20 school year |
| Reading proficiency | 29.5% | 31.1% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 24.2% | 21.9% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
62629
Elevated or high exposure: tornado.
60124
No hazard reaches elevated exposure.
Full profiles: 62629 — Chatham, IL · 60124 — Elgin, IL · How this is calculated: methodology