ZIP 60013 - 860Z200US60013 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60013, located in the heart of Illinois, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 26,000 and a strong median household income, this ZIP code presents a stable and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you understand the local landscape and make informed decisions.

Population & Households

ZIP 60013 is home to 26,503 residents, making it a moderately sized community with a mix of families, professionals, and individuals. The area supports 9,626 households, reflecting a solid base of local residents who contribute to the economy and community life. With 9,906 total housing units, there’s a slight surplus of homes compared to households, which could indicate availability for new buyers or renters looking to settle in this area.

Income & Housing Costs

One of the standout metrics for ZIP 60013 is its median household income of $115,833, which suggests a financially stable population with significant purchasing power. This income level positions the area as attractive for businesses targeting mid-to-upper-income consumers. On the housing front, the median home value stands at $291,000, offering a reasonable entry point for buyers in a competitive market. For renters, the median rent is $1,489 per month, reflecting a rental market that aligns with the area’s income levels and could appeal to those not yet ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 60013 is predominantly White, with 80.45% of the population identifying as such. Hispanic residents make up 13.69%, adding cultural diversity to the community. Smaller percentages include Black residents at 0.7% and Asian residents at 0.94%. This composition indicates a primarily homogeneous area with a notable Hispanic presence, which could influence local culture, businesses, and community events. For businesses and investors, understanding this diversity can help tailor offerings or marketing strategies to resonate with the population.

Key Facts

• Total population: 26,503 residents in 2023.
• Total households: 9,626, supporting a robust local community.
• Total housing units: 9,906, suggesting some availability for new residents.
• Median household income: $115,833, indicating strong economic stability.
• Median home value: $291,000, a competitive price for the region.
• Median rent: $1,489 per month, aligning with income levels.
• Racial composition: 80.45% White, 13.69% Hispanic, 0.94% Asian, 0.7% Black.

What This Means for You

For homebuyers, ZIP 60013 offers a promising opportunity with a median home value of $291,000, which is accessible compared to many neighboring areas, paired with a strong median income of over $115,000. This suggests you’re likely to find financially stable neighbors and a community with good long-term value. Investors and real estate agents will note the slight surplus of housing units over households (9,906 vs. 9,626), which could mean opportunities for rental properties or flips, especially with a median rent of $1,489 that supports steady cash flow. Small-business owners can leverage the area’s high median income to target a customer base with disposable income, particularly in sectors like retail, dining, or services. Analysts will appreciate the demographic diversity, especially the Hispanic population at 13.69%, as a factor in understanding market needs and growth potential. Across all groups, ZIP 60013 stands out as a balanced, economically sound area to explore.

Run This Study Yourself

• Want to dive deeper into ZIP 60013 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographics and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions for buying, investing, or launching a business in any location.