ZIP 60185 - 860Z200US60185 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 60185, located in West Chicago, Illinois, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 33,000 and a diverse community, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing, and racial composition to help you make informed decisions.

Population & Households

ZIP 60185 is home to 33,711 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 10,611 households, reflecting a strong residential base. With 11,030 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. The average household size here suggests a mix of families and smaller units, catering to a range of living arrangements.

Income & Housing Costs

Financially, ZIP 60185 stands out with a median household income of $105,063, which is notably higher than many national averages. This suggests a relatively affluent community with disposable income to support local businesses and sustain a comfortable lifestyle. On the housing front, the median home value is $313,600, positioning the area as a mid-to-upper-tier market for potential buyers or investors. For renters, the median rent is $1,400 per month, reflecting a rental market that aligns with the area’s income levels and housing values. These figures indicate a stable economic environment for both homeowners and tenants.

Race & Ethnicity

The racial and ethnic composition of ZIP 60185 highlights a diverse community, which can be a significant draw for those seeking an inclusive environment. White residents make up 45.04% of the population, while Hispanic or Latino individuals account for 41.34%, forming a substantial portion of the area’s demographic makeup. Asian residents represent 8.39%, and Black or African American residents comprise 1.93%. This diversity fosters a culturally rich atmosphere, which can benefit businesses catering to varied tastes and preferences, as well as families looking for a welcoming place to call home.

Key Facts

• Total population: 33,711 residents in 2023, indicating a sizable community.
• Total households: 10,611, supporting a strong residential foundation.
• Total housing units: 11,030, suggesting potential availability for new occupants.
• Median household income: $105,063, reflecting economic stability.
• Median home value: $313,600, positioning it as a competitive housing market.
• Median rent: $1,400, aligning with the area’s income and property values.
• Diverse demographics: 45.04% White, 41.34% Hispanic, 8.39% Asian, 1.93% Black.

What This Means for You

For homebuyers, ZIP 60185 offers a promising market with a median home value of $313,600, which reflects a solid investment in a community with strong income levels. The slight surplus of housing units may provide some negotiating room, though competition could still be present given the area’s appeal. Investors and real estate agents will find opportunities in both the purchase and rental markets, as the $1,400 median rent and high household incomes suggest demand for quality properties. The diversity and population size also indicate a steady tenant pool. For small-business owners, the affluent and culturally varied population of 33,711 presents a customer base with spending power and diverse needs—ideal for tailored services or products. Analysts can use these metrics to benchmark ZIP 60185 against neighboring areas, identifying trends in housing affordability or demographic shifts.

Run This Study Yourself

• Curious about diving deeper into ZIP 60185 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore detailed demographic data.
• Input any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the generated reports to inform your next move, whether you’re buying a home, investing, or planning a business venture.