ZIP 60156 - 860Z200US60156 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60156, located in the heart of Illinois, this demographic and housing snapshot offers a clear picture of what to expect. Based on the latest 2023 data, this area is home to a vibrant community of nearly 29,000 residents with strong income levels and a diverse cultural makeup. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights into population, income, housing costs, and ethnicity will help you make informed decisions about this dynamic region.

Population & Households

ZIP 60156 has a total population of 28,853, making it a moderately sized community with a mix of families, professionals, and individuals. This population is distributed across 9,898 households, indicating a balanced residential structure. With 10,150 total housing units in the area, there’s a slight surplus of homes compared to households, which could suggest some availability for new residents or investors looking for opportunities. This balance is worth noting if you’re evaluating the area for relocation or property investments.

Income & Housing Costs

One of the standout metrics for ZIP 60156 is its median household income of $113,491, which reflects a financially stable community with significant earning power. This income level positions the area as an attractive spot for businesses targeting middle- to upper-income consumers. On the housing front, the median home value stands at $296,400, offering a reasonable entry point for buyers in a competitive market. For renters, the median rent is $1,634 per month, which aligns with the area’s income levels and suggests a sustainable cost of living for many residents. These figures provide a solid foundation for understanding the economic landscape of this ZIP code.

Race & Ethnicity

The cultural diversity in ZIP 60156 adds to its appeal as a welcoming and inclusive community. The racial and ethnic composition breaks down as follows: 67.08% White, 2.9% Black, 6.77% Asian, and 20.07% Hispanic. This mix indicates a predominantly White population with significant Hispanic representation and smaller but notable Asian and Black communities. For businesses and investors, this diversity can translate into varied consumer needs and opportunities to cater to a broad audience. Homebuyers may also appreciate the multicultural environment as a draw for family-friendly or socially vibrant living.

Key Facts

• Total population: 28,853 residents, offering a mid-sized community feel.
• Total households: 9,898, reflecting a stable residential base.
• Total housing units: 10,150, with slight availability over household demand.
• Median household income: $113,491, indicating strong economic health.
• Median home value: $296,400, a competitive price for the region.
• Median rent: $1,634, aligning with local income levels.
• Diverse demographics: 67.08% White, 20.07% Hispanic, 6.77% Asian, 2.9% Black.

What This Means for You

For homebuyers, ZIP 60156 offers a financially stable community with median home values at $296,400, which could be a smart investment given the area’s high median income of $113,491. The slight surplus of housing units may also mean less competition when searching for a property. Real estate investors and agents can leverage the balanced housing market and diverse population to target a wide range of buyers or renters, especially with median rents at $1,634 providing steady returns. Small-business owners will find a promising customer base in this income-strong, culturally varied community—consider tailoring products or services to meet the needs of Hispanic and Asian residents alongside the majority White population. Analysts can use these metrics to benchmark ZIP 60156 against nearby areas for deeper market studies. Across all groups, the data points to a stable, opportunity-rich environment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 60156? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.