ZIP 60189 - 860Z200US60189 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60189, located in the vibrant suburban landscape near Chicago, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 30,000 and a strong median household income, this ZIP code presents a stable and affluent community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide actionable insights into the local market and lifestyle. Let’s dive into the numbers to understand what makes ZIP 60189 unique.

Population & Households

ZIP 60189 is home to 30,866 residents, making it a moderately sized suburban community. This population is spread across 12,054 households, indicating a balanced mix of family and individual living arrangements. The total number of housing units stands at 12,397, suggesting a slight surplus of available homes relative to occupied households. For those exploring residential or investment opportunities, this data points to a stable community with potential for growth or rental demand.

Income & Housing Costs

One of the standout metrics for ZIP 60189 is its median household income of $124,886, reflecting a financially secure population. This figure positions the area as an attractive spot for businesses targeting higher-income consumers or for homebuyers seeking a prosperous neighborhood. On the housing front, the median home value is $467,300, indicative of a robust real estate market. For renters, the median rent is $1,747 per month, which aligns with the area’s higher cost of living but also suggests strong demand for rental properties. These numbers highlight ZIP 60189 as a premium location for both living and investing.

Race & Ethnicity

The demographic composition of ZIP 60189 offers a glimpse into its cultural fabric. The population is predominantly White at 80.01%, with smaller but significant representation from other groups: Black residents make up 2.78%, Asian residents account for 5.34%, and Hispanic or Latino individuals comprise 7.21%. This diversity, while not as pronounced as in urban centers, still contributes to a varied community dynamic, which can be a draw for families and businesses looking for an inclusive environment.

Key Facts

• Total population: 30,866 residents, offering a sizable suburban community.
• Total households: 12,054, reflecting a mix of family and individual living.
• Total housing units: 12,397, with a small surplus over occupied homes.
• Median household income: $124,886, signaling strong economic stability.
• Median home value: $467,300, indicative of a high-value real estate market.
• Median rent: $1,747, suggesting robust rental demand.
• Racial composition: 80.01% White, 7.21% Hispanic, 5.34% Asian, 2.78% Black.

What This Means for You

For homebuyers, ZIP 60189 offers a financially stable community with high home values, making it a solid long-term investment if you’re prepared for the $467,300 median price tag. The slight surplus of housing units could mean some negotiating room, but competition may still be stiff given the area’s desirability. Real estate investors and agents will find opportunity in both the purchase and rental markets, as the $1,747 median rent suggests steady demand from tenants who can afford premium rates. The high median income also supports potential for luxury or upscale property developments.

For small-business owners, the affluent demographic with a median income of $124,886 is a promising customer base, especially for businesses offering premium goods or services. The diverse, though predominantly White, population also means you can cater to a range of cultural preferences while focusing on a stable suburban market. Analysts can use these metrics to benchmark ZIP 60189 against nearby areas, noting its strong economic indicators and housing stability as key differentiators.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 60189? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make informed decisions for your next home purchase, investment, or business venture.