ZIP 60655 - 860Z200US60655 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 60655 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in the Chicago area, this ZIP code represents a community of nearly 28,000 residents with a strong economic foundation and diverse housing options. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 60655.

Population & Households

The total population of ZIP 60655 stands at 27,794, spread across 10,817 households. This indicates a community of moderate size with a stable residential base. With 11,277 total housing units, there’s a slight surplus of homes compared to households, suggesting some availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 2.6 people, pointing to a mix of families and smaller households in the area.

Income & Housing Costs

One of the standout metrics for ZIP 60655 is its median household income of $114,443, which reflects a relatively affluent community compared to national averages. This income level supports a robust local economy, making it an attractive spot for businesses targeting middle- to upper-middle-class consumers. Housing costs align with this economic profile: the median house value is $303,300, indicating a market with solid property values that could appeal to homebuyers seeking long-term appreciation. For renters, the median rent is $1,468 per month, suggesting that rental properties are also priced for a financially stable demographic.

Race & Ethnicity

The racial and ethnic composition of ZIP 60655 provides insight into the community’s cultural makeup. The population is predominantly White at 78.89%, with smaller but notable percentages of Black (5.95%), Hispanic (10.39%), and Asian (0.86%) residents. This distribution points to a primarily homogeneous area with some diversity, which may influence community dynamics, local businesses, and cultural offerings. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the majority while addressing the needs of minority groups.

Key Facts

• Total population: 27,794 residents in 2023.
• Total households: 10,817, indicating a stable residential base.
• Total housing units: 11,277, with slight availability over occupied homes.
• Median household income: $114,443, reflecting strong earning power.
• Median house value: $303,300, suggesting a solid real estate market.
• Median rent: $1,468, catering to a financially stable rental demographic.
• Racial composition: 78.89% White, 10.39% Hispanic, 5.95% Black, 0.86% Asian.

What This Means for You

For homebuyers, ZIP 60655 offers a promising market with a median house value of $303,300 and a community supported by a high median income of $114,443. This suggests stability and potential for property value growth, making it a smart choice for long-term investment in a family-friendly area. The slight surplus of housing units could also mean less competition when searching for a home.

For real estate investors and agents, the data points to opportunities in both buying and renting. With median rents at $1,468, rental properties could yield consistent returns, especially given the income levels of residents. The housing unit surplus might also offer chances to acquire properties at reasonable prices before demand tightens.

For small-business owners, the affluent demographic and population size of nearly 28,000 create a viable customer base. Targeting products or services to middle- and upper-middle-class families could be particularly effective, while the cultural composition suggests a focus on broad appeal with some niche offerings for diverse groups.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or community needs in 60655, helping to inform broader regional strategies.

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