ZIP 60914 - 860Z200US60914 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 60914, located in the heart of Illinois, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a robust median household income, this ZIP code presents a stable and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 60914 is home to 28,503 residents, making it a moderately sized community with a mix of families, professionals, and individuals. The area supports 9,975 households, reflecting a strong residential base. With 10,763 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental opportunities. This balance suggests a community with room to grow while maintaining a comfortable density for suburban living.

Income & Housing Costs

The median household income in ZIP 60914 stands at $88,688, pointing to a financially stable population with solid earning potential. This income level supports a healthy local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $240,500, offering a reasonable entry point for buyers in a competitive market. For renters, the median rent is $1,206 per month, which aligns with the income levels and suggests affordability for a range of household budgets. These figures highlight ZIP 60914 as a practical choice for both homeownership and rental investments.

Race & Ethnicity

The demographic makeup of ZIP 60914 reflects a predominantly White population at 76.04%, with notable diversity from Black (10.07%), Asian (2.6%), and Hispanic (6.6%) communities. This mix contributes to a culturally varied environment, which can be appealing for families seeking inclusive neighborhoods or businesses aiming to serve a broad customer base. The diversity also signals potential for cultural events, diverse dining options, and community engagement, enriching the area’s social fabric.

Key Facts

• Total population: 28,503 residents in 2023, indicating a mid-sized community.
• Total households: 9,975, supporting a strong residential foundation.
• Total housing units: 10,763, suggesting some availability for new occupants.
• Median household income: $88,688, reflecting financial stability.
• Median home value: $240,500, a competitive price for homebuyers.
• Median rent: $1,206, offering affordable options for renters.
• Racial composition: 76.04% White, 10.07% Black, 2.6% Asian, 6.6% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 60914 offers a promising mix of affordability and stability. With a median home value of $240,500 and a median income of $88,688, purchasing a home here aligns well with local earning power, making it a sensible choice for families or individuals looking to settle down. The slight surplus of housing units also means you might find options to suit your needs without intense competition.

For investors and real estate agents, the data points to potential in both rental and sales markets. The median rent of $1,206 suggests a steady demand for rentals, while the housing unit surplus could mean opportunities to acquire properties at reasonable prices. This ZIP code’s stable population and income levels reduce the risk of vacancy or turnover.

For small-business owners, the diverse population and solid median income indicate a customer base with disposable income and varied needs. Whether you’re opening a retail store, restaurant, or service-based business, ZIP 60914’s demographics support a market that values both essential and discretionary spending.

For analysts, these metrics provide a baseline for deeper research into housing trends, economic growth, or community development in this Illinois ZIP code. The balance of income, housing costs, and diversity offers a snapshot of a sustainable suburban area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 60914? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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