ZIP 60107 - 860Z200US60107 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 60107 for your next home, investment property, or business location, understanding the area’s demographics and housing landscape is essential. Located in the heart of Illinois, this ZIP code offers a diverse community and a robust housing market. This 2023 snapshot provides key metrics on population, income, housing values, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the data to uncover what makes 60107 unique and how it aligns with your goals.

Population & Households

ZIP code 60107 is home to a sizable population of 38,965 residents as of 2023. This community is spread across 13,030 households, indicating a vibrant and active area with a mix of family and individual living arrangements. The total number of housing units stands at 13,476, suggesting a slight surplus of available homes relative to occupied households. For homebuyers or investors, this could mean opportunities to find properties in a market with moderate availability, while businesses might see potential in serving a well-populated area with diverse needs.

Income & Housing Costs

Financial metrics paint a promising picture for ZIP 60107. The median household income here is $101,017, reflecting a strong economic base that supports a comfortable standard of living. This income level positions the area as attractive for families and professionals seeking stability. On the housing front, the median house value is $258,300, offering a relatively accessible entry point for buyers in the Illinois market. For renters, the median rent is $1,849 per month, which aligns with the area’s income levels but may require careful budgeting for some. These figures suggest a balanced market where both owning and renting are viable options depending on your financial strategy.

Race & Ethnicity

The cultural fabric of ZIP 60107 is notably diverse, creating a rich community dynamic. The racial composition in 2023 breaks down as follows: 39.26% White, 3.82% Black, 14.26% Asian, and 38.69% Hispanic. This near-even split between White and Hispanic populations, alongside significant Asian representation, highlights an inclusive environment. For businesses, this diversity offers a chance to cater to varied customer preferences and cultural needs. For residents and investors, it signals a welcoming area with a blend of perspectives and traditions that enrich daily life.

Key Facts

• Total population in ZIP 60107: 38,965 residents.
• Total households: 13,030, supporting a mix of family and individual lifestyles.
• Total housing units: 13,476, indicating slight availability of unoccupied homes.
• Median household income: $101,017, reflecting strong earning potential.
• Median house value: $258,300, a competitive price point for the region.
• Median rent: $1,849, aligning with local income levels.
• Racial diversity: White (39.26%), Hispanic (38.69%), Asian (14.26%), Black (3.82%).

What This Means for You

For homebuyers, ZIP 60107 offers a compelling mix of affordability and community. With a median home value of $258,300 and a strong median income of $101,017, purchasing here could be a smart long-term investment, especially in a diverse and growing area. The slight surplus of housing units (13,476 vs. 13,030 households) might also give you negotiating power.

For real estate investors and agents, the data points to a stable market with potential for both rental and sales opportunities. The median rent of $1,849 suggests a viable rental income stream, while the population size of nearly 39,000 ensures consistent demand for housing.

For small-business owners, the diverse demographic makeup and solid income levels in 60107 create a fertile ground for tailored products and services. Whether you’re opening a retail store, restaurant, or professional service, the cultural variety and economic strength of this ZIP code can support a wide customer base.

For analysts, these metrics provide a clear baseline for deeper market studies or comparative analyses with neighboring ZIP codes, helping to identify trends in housing and demographic shifts over time.

Run This Study Yourself

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