ZIP 60087 - 860Z200US60087 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 60087, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of diversity, affordability, and potential for growth. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 60087.

Population & Households

ZIP code 60087 is home to a population of 27,428 residents, making it a moderately sized community with a vibrant mix of individuals and families. The area supports 9,695 households, reflecting a strong residential base. With 10,047 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. This balance suggests a stable community with room for growth, ideal for those seeking a place to call home or invest in property.

Income & Housing Costs

The median household income in ZIP 60087 stands at $79,162, positioning it as a community with solid earning potential. This income level supports a comfortable lifestyle for many residents and indicates a market with purchasing power for local businesses. On the housing front, the median home value is $185,800, offering relative affordability compared to many neighboring regions. For renters, the median rent is $1,294 per month, reflecting a reasonable cost for those not ready to buy. These figures suggest that 60087 is a practical choice for homebuyers seeking value and for investors eyeing accessible entry points into the real estate market.

Race & Ethnicity

ZIP code 60087 boasts a richly diverse population, with a cultural tapestry that shapes its community character. The racial and ethnic composition includes 55.75% Hispanic, 24.79% White, 14.91% Black, and 2.93% Asian residents. This diversity fosters a multicultural environment, which can be a draw for families and businesses looking to engage with a broad customer or client base. For small-business owners, this mix offers opportunities to cater to varied tastes and needs, while homebuyers may appreciate the inclusive and dynamic neighborhood vibe.

Key Facts

• Total population: 27,428 residents in ZIP 60087.
• Total households: 9,695, supporting a strong residential community.
• Total housing units: 10,047, with a small surplus of available homes.
• Median household income: $79,162, indicating solid economic stability.
• Median home value: $185,800, offering affordability for buyers.
• Median rent: $1,294, a reasonable cost for renters.
• Diverse demographics: 55.75% Hispanic, 24.79% White, 14.91% Black, 2.93% Asian.

What This Means for You

For homebuyers, ZIP 60087 presents an attractive opportunity to purchase at a median value of $185,800, which is competitive for the region. The slight surplus of housing units could mean less competition when finding a home. Investors and real estate agents will find potential in this area’s affordability and diverse population, which supports rental demand and long-term appreciation. The median rent of $1,294 suggests a viable market for landlords. Small-business owners can leverage the area’s diversity and median income of $79,162 to target a wide range of customers with disposable income. Analysts studying market trends will note the cultural richness and economic stability as key drivers for future growth in 60087. Whether your goal is to settle down, invest, or grow a business, this ZIP code offers a promising foundation.

Run This Study Yourself

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