ZIP 60193 - 860Z200US60193 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 60193 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic suburban area, this ZIP code offers a blend of residential stability and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural diversity in 60193. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP code 60193 is home to a population of 39,467 residents as of 2023, making it a moderately sized community with a strong suburban feel. This population is distributed across 15,709 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 16,478, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to move into the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Financially, ZIP 60193 stands out with a median household income of $92,284, which points to a relatively affluent community with solid earning power. This income level supports a robust housing market, where the median home value is $317,900. For those considering renting, the median rent in this area is $1,699 per month, reflecting a premium for access to this desirable location. These figures suggest that 60193 is a market suited for buyers with stable finances or investors seeking properties with strong appreciation potential, while renters should be prepared for higher-than-average costs.

Race & Ethnicity

The cultural fabric of ZIP 60193 is diverse, offering a welcoming environment for residents and businesses alike. The racial composition in 2023 shows that 67.13% of the population identifies as White, 14.24% as Asian, 11.87% as Hispanic, and 2.99% as Black, with the remainder comprising other or mixed-race groups. This diversity can be a significant draw for families seeking inclusive communities and for businesses aiming to serve a broad customer base. Understanding this mix is crucial for tailoring real estate strategies or marketing efforts to resonate with local residents.

Key Facts

• Total population in ZIP 60193: 39,467 residents.
• Total households: 15,709, indicating a strong residential base.
• Total housing units: 16,478, with some availability for new occupants.
• Median household income: $92,284, reflecting economic stability.
• Median home value: $317,900, a competitive price point for the region.
• Median rent: $1,699, signaling a premium rental market.
• Diverse community: 67.13% White, 14.24% Asian, 11.87% Hispanic, 2.99% Black.

What This Means for You

For homebuyers, ZIP 60193 offers a stable and diverse community with a median home value of $317,900, which aligns well with the area’s strong median income of $92,284. This suggests that properties here are accessible to middle- and upper-middle-class families while holding potential for long-term value growth. Real estate investors and agents will find the slight surplus of housing units (16,478 total versus 15,709 households) intriguing, as it hints at opportunities for flipping or renting properties, especially given the high median rent of $1,699. Small-business owners can leverage the area’s diversity and income levels to target a wide range of customers, particularly in sectors like retail, dining, or services that cater to family needs. Analysts can use these metrics to benchmark 60193 against neighboring ZIP codes, identifying trends in suburban growth or housing demand.

Run This Study Yourself

Want to dive deeper into ZIP 60193 or compare it with other areas? Uncover tailored insights with these simple steps:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
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