Lake Zurich is a village in Lake County, Illinois, and serves as a northwest suburb of Chicago. According to the 2020 census, the village has a population of 19,759. It is named after a body of water, “Lake Zurich,” which is entirely located within the village’s boundaries.
Geography and Location
Lake Zurich is situated at coordinates 42.196969N and -88.093411W. It is approximately 37 miles northwest of Chicago, making it a convenient location for those who work in the city but prefer a suburban lifestyle. The village covers a total area of 7.187 square miles, of which 94.2% is land and 5.8% is water. The zip codes for Lake Zurich are 60047.
The area was first settled in the 1830s by European descendants. Initially named Cedar Lake, the village was incorporated on September 29, 1896. It was primarily a farming community until the arrival of the highway system in the 1920s, which transformed it into a summer resort. Housing development began in the 1950s, and the population has been steadily increasing since then.
Economy and Property
The median home price in Lake Zurich is $392,500, with an average property tax of $11,579. The average county tax rate is 2.95%. These figures make Lake Zurich a relatively affluent suburb, attracting families and professionals alike.
Festivals and Events
Lake Zurich is known for its annual summer festival, the Alpine Fest. Hosted by the Lake Zurich Lions Club, the festival has been a popular summer activity for families and adults since its inception in 1942.
Lake Zurich has been home to several notable people, including Leo Burnett, the creator of iconic advertising characters like Tony the Tiger and the Marlboro Man, and Matt Blanchard, a former National Football League player.
Public schools in Lake Zurich are managed by the Lake Zurich Community Unit School District 95. The village also has private schools like St. Francis de Sales (Catholic) and Quentin Road Christian School (Baptist).
With its rich history, proximity to Chicago, and strong sense of community, Lake Zurich offers a balanced lifestyle for its residents. Whether you’re interested in the annual Alpine Fest, the quality schools, or the relatively high standard of living indicated by the median home price and property taxes, Lake Zurich has something for everyone.
Lake Zurich is just one of the many Chicago suburbs that OnDemand Painters works in. Contact us through the form below for a quick quote or learn more about why we’re the best painters in Chicago.