ZIP 60169 - 860Z200US60169 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 60169 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in a dynamic area, ZIP 60169 is home to over 33,000 residents and reflects a diverse, economically stable community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these 2023 metrics provide actionable insights to guide your decisions. Let’s break down the population, income, housing, and cultural composition of this area to help you understand its unique character and opportunities.

Population & Households

ZIP 60169 has a total population of 33,529, making it a moderately sized community with a vibrant mix of residents. This population is distributed across 12,353 households, indicating a strong residential base. With 13,114 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could signal availability for new residents or investors looking to enter the market. This balance between population and housing suggests a stable community with room for growth, ideal for those seeking a place to settle or expand.

Income & Housing Costs

The median household income in ZIP 60169 stands at $92,399, reflecting a solid economic foundation for many families and individuals. This income level positions the area as attractive for businesses targeting middle- to upper-middle-class consumers. On the housing front, the median home value is $292,300, which aligns with a competitive yet accessible real estate market for buyers and investors. For renters, the median rent is $1,694 per month, indicating a significant cost for leasing but also potential for landlords to see strong returns. These figures highlight ZIP 60169 as a financially viable location for various stakeholders.

Race & Ethnicity

ZIP 60169 boasts a diverse cultural makeup, which adds to its appeal as an inclusive community. The racial and ethnic composition includes 44.82% White, 4.09% Black, 22.86% Asian, and 24.41% Hispanic residents. This diversity creates a rich social fabric, offering opportunities for businesses to cater to varied cultural preferences and for residents to enjoy a multicultural environment. For investors and analysts, this mix suggests a broad customer base and potential for niche markets tailored to specific demographic groups.

Key Facts

• Total population: 33,529 residents, indicating a sizable community.
• Total households: 12,353, showing a strong residential presence.
• Total housing units: 13,114, with a small surplus of available homes.
• Median household income: $92,399, reflecting economic stability.
• Median home value: $292,300, competitive for buyers and investors.
• Median rent: $1,694, suggesting solid rental income potential.
• Diverse demographics: 44.82% White, 24.41% Hispanic, 22.86% Asian, 4.09% Black.

What This Means for You

For homebuyers, ZIP 60169 offers a balanced market with a median home value of $292,300, making it a feasible option for those with a moderate budget seeking a diverse and stable community. The slight surplus of housing units (13,114 total versus 12,353 households) could mean less competition when searching for a property. Investors and real estate agents will find opportunity in both the purchase and rental markets, as the median rent of $1,694 suggests strong demand for leasing, while the home values indicate potential for appreciation. Small-business owners can leverage the area’s diversity and solid median income of $92,399 to target a wide range of customers with disposable income. Analysts can use these metrics to assess growth trends, housing demand, and economic health, positioning ZIP 60169 as a noteworthy area for further study.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 60169? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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