ZIP 60187 - 860Z200US60187 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60187, located in Wheaton, Illinois, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 29,000 and a robust median household income, this ZIP code presents a stable and prosperous community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing in 60187.

Population & Households

ZIP 60187 is home to 28,867 residents, making it a moderately sized community with a strong residential base. The area comprises 9,987 households, reflecting a mix of family and individual living arrangements. With 10,619 total housing units, there’s a slight surplus of properties compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a community with room for growth while maintaining a settled, established feel.

Income & Housing Costs

One of the standout metrics for ZIP 60187 is its median household income of $119,048, which points to a financially secure population with significant purchasing power. This income level supports a strong local economy, beneficial for businesses and real estate stakeholders. On the housing front, the median home value stands at $432,200, reflecting a competitive yet accessible market for buyers in a suburban setting. For renters, the median rent is $1,744 per month, indicating a premium rental market that aligns with the area’s higher income and property values. These figures suggest that 60187 offers a blend of affordability and quality for diverse housing needs.

Race & Ethnicity

The demographic makeup of ZIP 60187 is predominantly White, with 76.86% of the population identifying as such. Hispanic residents account for 8.1%, while Asian individuals make up 6.79%, and Black residents represent 3.76%. This composition reflects a primarily homogeneous community with pockets of diversity, which can influence cultural amenities, local businesses, and community dynamics. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 28,867 residents in 2023, offering a sizable community for engagement.
• Total households: 9,987, indicating a strong base of family and individual units.
• Total housing units: 10,619, suggesting potential availability for new occupants or investors.
• Median household income: $119,048, highlighting significant economic stability.
• Median home value: $432,200, positioning 60187 as a valuable real estate market.
• Median rent: $1,744, reflecting a premium rental landscape.
• Racial composition: 76.86% White, 8.1% Hispanic, 6.79% Asian, 3.76% Black, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 60187 offers a promising market with a median home value of $432,200, which, paired with a high median income of $119,048, suggests a stable investment with potential for appreciation. The slight surplus of housing units could mean less competition for available properties. Real estate investors and agents will find opportunities in both the purchase and rental markets, as the median rent of $1,744 indicates strong demand for quality rentals, while the housing stock provides room for flips or long-term holds. Small-business owners can leverage the area’s affluent population and moderate diversity to offer targeted products or services, capitalizing on a community with disposable income. Analysts can use these metrics to benchmark 60187 against neighboring ZIP codes, identifying trends in income, housing, or demographic shifts. Across all groups, this area stands out as a balanced, opportunity-rich location.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 60187? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.