ZIP 60585 - 860Z200US60585 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 60585, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a blend of suburban appeal and economic strength. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in 60585. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this community.

Population & Households

ZIP code 60585 is home to a population of 24,948 residents, making it a moderately sized community with room for growth and engagement. These individuals are distributed across 7,635 households, reflecting a strong residential base. With 7,723 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 3.3 people, suggesting a family-oriented environment that may appeal to those seeking a tight-knit community.

Income & Housing Costs

One of the standout features of ZIP 60585 is its robust economic profile. The median household income stands at an impressive $151,202, positioning this area as a high-earning community. This financial strength translates into the housing market, where the median home value is $416,400—a figure that reflects a premium yet accessible market for buyers with solid budgets. For renters, the median rent is $2,326 per month, indicating a competitive rental landscape that caters to those who prefer flexibility over ownership. These metrics suggest that 60585 is a place where financial stability and quality housing go hand in hand.

Race & Ethnicity

The cultural fabric of ZIP 60585 is notably diverse, offering a welcoming environment for a variety of backgrounds. The racial composition includes 62.71% White, 10.1% Black, 15.04% Asian, and 8.6% Hispanic residents. This mix fosters a multicultural atmosphere that can enrich community life and provide unique opportunities for businesses catering to varied customer bases. For families and individuals, this diversity means access to a broad range of perspectives, traditions, and social networks, enhancing the overall living experience in 60585.

Key Facts

• Total population: 24,948 residents, offering a balanced community size.
• Total households: 7,635, indicating a strong residential presence.
• Median household income: $151,202, reflecting significant earning power.
• Median home value: $416,400, positioning 60585 as a premium housing market.
• Median rent: $2,326, suggesting a competitive rental environment.
• Diverse demographics: 62.71% White, 15.04% Asian, 10.1% Black, 8.6% Hispanic.
• Total housing units: 7,723, with slight availability over household demand.

What This Means for You

For homebuyers, ZIP 60585 offers a financially stable and family-friendly environment with a median home value of $416,400. The high median income of $151,202 suggests neighbors with strong purchasing power, which can contribute to property value stability over time. Investors and real estate agents will find opportunity in the slight surplus of housing units (7,723 vs. 7,635 households), potentially indicating room for rental or flip investments, especially with a competitive median rent of $2,326. Small-business owners can leverage the diverse population of 24,948 and high income levels to target a wide range of customers with disposable income, particularly in sectors like retail, dining, or services. Analysts can use these metrics to benchmark 60585 against nearby ZIP codes, identifying trends in growth, diversity, or economic health. Across all groups, the data points to a thriving, multifaceted community worth exploring further.

Run This Study Yourself

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