ZIP 60619 - 860Z200US60619 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 60619 in Chicago for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the South Side of the city, this area offers a unique blend of community and opportunity. With data from 2023, this snapshot provides a clear picture of population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for 60619 and uncover what they mean for you.

Population & Households

ZIP code 60619 is home to a population of 59,892 residents as of 2023. This sizable community is distributed across 28,016 households, reflecting a dense urban environment with a strong residential presence. The total number of housing units in the area stands at 33,547, indicating some vacancy or availability that could be of interest to investors or buyers looking for opportunities. This balance of population and housing suggests a stable yet dynamic area with room for growth or development.

Income & Housing Costs

The median household income in ZIP 60619 is $43,403, which provides insight into the economic profile of the area. For homebuyers and businesses, this figure helps gauge affordability and purchasing power within the community. On the housing front, the median home value is $213,000, offering a relatively accessible entry point for buyers in the Chicago market. For renters, the median rent is $1,054 per month, which aligns with the income levels and suggests a balanced rental market. These metrics are critical for understanding the financial landscape of 60619, whether you’re planning to buy, invest, or establish a business.

Race & Ethnicity

The demographic makeup of ZIP 60619 is predominantly African American, with 92.0% of residents identifying as Black. Other racial groups include White at 1.59%, Asian at 0.54%, and Hispanic or Latino at 2.89%. This composition reflects a strong cultural identity and community cohesion, which can be a significant draw for businesses catering to specific demographics or for residents seeking a tight-knit neighborhood. Understanding this diversity—or lack thereof—can help tailor real estate strategies or business offerings to the local population.

Key Facts

• Total population in ZIP 60619: 59,892 residents as of 2023.
• Total households: 28,016, indicating a robust residential base.
• Total housing units: 33,547, suggesting potential availability for buyers or investors.
• Median household income: $43,403, reflecting the area’s economic profile.
• Median home value: $213,000, an accessible price point in Chicago.
• Median rent: $1,054 per month, aligning with local income levels.
• Racial composition: 92.0% Black, 2.89% Hispanic, 1.59% White, 0.54% Asian.

What This Means for You

For homebuyers, ZIP 60619 offers a chance to enter the Chicago housing market at a median value of $213,000, which is competitive for the region. The income and rent levels suggest that living costs are manageable for many, making this an attractive option for first-time buyers or families. Investors and real estate agents should note the surplus of housing units (33,547) compared to households (28,016), which could signal opportunities for rental properties or fixer-uppers in a community with steady demand. Small-business owners can leverage the large population of nearly 60,000 and the area’s cultural identity to offer targeted products or services, especially those resonating with the predominant demographic. Finally, analysts can use these metrics to track trends in urban housing and income dynamics, particularly in predominantly African American neighborhoods. Whatever your goal, these insights provide a foundation for smarter decision-making in 60619.

Run This Study Yourself

• Want to explore ZIP 60619 or another area in greater depth? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
• Enter any ZIP code to access up-to-date demographic, income, and housing statistics tailored to your needs.
• Use the insights to inform your homebuying, investment, or business strategy with confidence and precision.