ZIP 61008 - 860Z200US61008 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 61008 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a dynamic area, ZIP 61008 offers a blend of suburban appeal and diverse community characteristics. This snapshot, based on 2023 data, 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 and uncover what makes this area unique.

Population & Households

ZIP 61008 is home to a population of 33,697 residents, making it a moderately sized community with a mix of families, professionals, and individuals. This population is distributed across 12,826 households, reflecting a strong residential base. With 13,406 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or renters looking to move in. This balance suggests a stable community with room for growth, appealing to those seeking a settled yet evolving environment.

Income & Housing Costs

The median household income in ZIP 61008 stands at $75,833, positioning it as a community with solid earning potential. This income level supports a comfortable lifestyle for many residents and indicates a market where discretionary spending could benefit local businesses. On the housing front, the median home value is $185,200, offering a relatively accessible entry point for homebuyers compared to pricier neighboring regions. For renters, the median rent is $953 per month, providing an affordable alternative to homeownership. These figures highlight ZIP 61008 as a balanced market for both owning and renting, catering to diverse financial situations.

Race & Ethnicity

The demographic makeup of ZIP 61008 reflects a diverse community with a rich cultural tapestry. The racial composition includes 65.19% White, 2.18% Black, 1.37% Asian, and a significant 28.96% Hispanic population. This diversity fosters a vibrant local culture, which can be a draw for families and businesses looking to connect with a wide range of residents. For investors and business owners, this mix suggests opportunities to cater to varied consumer preferences and cultural needs, enhancing community engagement.

Key Facts

• Total population: 33,697 residents, offering a robust community size.
• Total households: 12,826, indicating a strong residential foundation.
• Total housing units: 13,406, with a slight surplus for potential buyers or renters.
• Median household income: $75,833, supporting a stable economic base.
• Median home value: $185,200, an accessible price point for many buyers.
• Median rent: $953, providing affordable rental options.
• Racial diversity: 65.19% White, 28.96% Hispanic, 2.18% Black, 1.37% Asian, reflecting a multicultural area.

What This Means for You

For homebuyers, ZIP 61008 presents an attractive opportunity with median home values at $185,200, which could be within reach for first-time buyers or those looking to upgrade. The slight surplus of housing units suggests less competition in the market, potentially giving you negotiating power. Real estate investors and agents can leverage the area’s diversity and stable income levels to target a wide range of tenants or buyers, while the balance of home values and rents indicates potential for steady returns. Small-business owners will find a diverse customer base of over 33,000 residents with a median income that supports local spending—ideal for retail, services, or culturally tailored offerings. Analysts can use these metrics to benchmark ZIP 61008 against nearby areas, identifying trends in housing affordability and demographic shifts. Across all groups, the data points to a community with both stability and growth potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 61008? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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