ZIP 60477 - 860Z200US60477 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60477, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of suburban appeal and economic opportunity. With a population of over 36,000 and a robust housing market, ZIP 60477 presents valuable insights for homebuyers, real estate investors, small-business owners, and data analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 60477 is home to a population of 36,393 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 15,442 households, reflecting a mix of family units, singles, and retirees. The area supports a variety of lifestyles, with enough density to foster community engagement while maintaining a suburban feel. This balance can be particularly appealing if you’re looking for a place that offers both connection and personal space.

Income & Housing Costs

Economically, ZIP 60477 stands out with a median household income of $93,862, indicating a relatively affluent community with solid purchasing power. This income level suggests that residents have the means to support local businesses and invest in quality housing. Speaking of housing, the median home value in this area is $262,400, positioning it as a competitive yet accessible market for buyers and investors. For renters, the median rent is $1,485 per month, reflecting a rental market that caters to a range of budgets while aligning with the area’s income profile. These figures highlight ZIP 60477 as a stable economic environment for both residents and stakeholders.

Race & Ethnicity

The demographic makeup of ZIP 60477 is diverse, offering a cultural richness that can enhance community life and business opportunities. The racial composition includes 74.49% White, 6.9% Black, 3.39% Asian, and 12.44% Hispanic residents. This diversity suggests a welcoming environment for families and businesses aiming to connect with a broad customer base or workforce. For investors and business owners, this mix can translate into varied market needs and opportunities for inclusive growth.

Key Facts

• Total population: 36,393 residents, providing a sizable community for engagement.
• Total households: 15,442, indicating a strong residential foundation.
• Total housing units: 16,261, with room for both owners and renters.
• Median household income: $93,862, reflecting economic stability.
• Median home value: $262,400, a competitive price point for the region.
• Median rent: $1,485, catering to a range of rental budgets.
• Diverse population: 74.49% White, 6.9% Black, 3.39% Asian, 12.44% Hispanic.

What This Means for You

For homebuyers, ZIP 60477 offers a promising market with a median home value of $262,400, which balances affordability with long-term value potential. The area’s median income of $93,862 suggests neighbors with financial stability, often correlating with well-maintained properties and strong community services. If you’re a real estate investor or agent, the mix of 16,261 housing units and a healthy rental market (median rent of $1,485) points to opportunities for both buy-and-hold strategies and rental income. Small-business owners can benefit from a diverse population of 36,393 and solid household incomes, creating a customer base with varied needs and spending power. Analysts will find this data a useful benchmark for tracking trends in suburban markets, especially with the area’s cultural diversity and economic indicators. Whether you’re settling down, investing, or launching a venture, ZIP 60477 provides a foundation worth exploring.

Run This Study Yourself

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