ZIP 60804 - 860Z200US60804 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 60804 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area. Located in the heart of Cicero, Illinois, near Chicago, this ZIP code encompasses a vibrant, densely populated community of over 83,000 residents. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population dynamics, income levels, and housing trends here can guide your decisions. Let’s break down the 2023 data to reveal what makes ZIP 60804 unique and how it might align with your goals.

Population & Households

ZIP 60804 is home to a substantial population of 83,223 individuals, making it a bustling urban area with significant community activity. These residents are distributed across 25,031 households, reflecting a mix of family and individual living arrangements. With 26,738 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market. This high population density suggests a lively environment with potential for both residential and commercial opportunities.

Income & Housing Costs

The median household income in ZIP 60804 stands at $68,548, positioning it as a middle-income area where residents have a moderate level of purchasing power. For homebuyers and investors, the median house value of $236,000 offers a relatively accessible entry point compared to pricier nearby markets like Chicago proper. Meanwhile, renters face a median rent of $1,121 per month, which aligns with the income levels and suggests a balanced rental market. These figures provide a solid foundation for assessing affordability, whether you’re planning to buy, rent, or invest in property here.

Race & Ethnicity

The demographic makeup of ZIP 60804 is notably diverse, with a strong Hispanic presence at 88.85% of the population. This cultural richness shapes the community’s identity, influencing local businesses, cuisine, and events. White residents account for 7.37%, Black residents make up 3.13%, and Asian residents represent just 0.35%. For business owners and investors, this composition highlights the importance of catering to a predominantly Hispanic customer base or workforce, while also recognizing the smaller but present diversity in other groups.

Key Facts

• Total population: 83,223, indicating a large and active community.
• Total households: 25,031, showing a significant residential base.
• Total housing units: 26,738, suggesting some availability for new occupants.
• Median household income: $68,548, reflecting moderate economic stability.
• Median house value: $236,000, an accessible price point for many buyers.
• Median rent: $1,121, aligning with local income levels.
• Hispanic population: 88.85%, defining the area’s cultural landscape.

What This Means for You

For homebuyers, ZIP 60804 offers a chance to purchase at a median value of $236,000, which is competitive for the region, especially given its proximity to Chicago. The slight surplus of housing units could mean less competition in certain segments of the market. Real estate investors and agents might find opportunities in both buying and renting properties, as the median rent of $1,121 supports a steady rental demand alongside reasonable purchase prices. The large population and household count also suggest a consistent pool of potential tenants or buyers.

For small-business owners, the demographic profile—particularly the 88.85% Hispanic population—points to a clear target audience. Tailoring products, services, and marketing to this community could drive success, whether you’re opening a restaurant, retail store, or service-based business. Finally, analysts can use this data to benchmark ZIP 60804 against neighboring areas, identifying trends in population growth, housing demand, or economic shifts that could impact future investments or policy decisions.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 60804? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.