ZIP 61109 - 860Z200US61109 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 61109 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of affordability and diversity that appeals to a wide range of stakeholders. Using the latest 2023 data, this snapshot provides a clear picture of population trends, household income, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 61109.

Population & Households

ZIP code 61109 is home to a population of 26,714 residents, making it a moderately sized community with a vibrant local presence. This population is distributed across 11,031 households, reflecting a strong base of families and individuals. With 11,829 total housing units in the area, there’s a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to move into the area, as well as for investors eyeing vacant units for development or leasing.

Income & Housing Costs

The median household income in ZIP 61109 stands at $61,702, indicating a solid economic foundation for many residents. This income level supports a housing market that remains relatively affordable compared to national averages. The median house value in this area is $124,900, offering an accessible entry point for first-time homebuyers or investors seeking value-driven properties. For renters, the median rent is $916 per month, which aligns with the income levels and provides a cost-effective alternative to homeownership. These figures highlight 61109 as a practical choice for those balancing budget and quality of life.

Race & Ethnicity

ZIP code 61109 boasts a diverse community, with a racial and ethnic composition that reflects a blend of backgrounds. The population identifies as 56.78% White, 12.91% Black, 4.99% Asian, and 20.7% Hispanic. This diversity fosters a culturally rich environment, which can be a draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, and investors looking for areas with broad appeal. Understanding this demographic makeup can help stakeholders tailor their strategies to meet the needs of the community.

Key Facts

• Total population in ZIP 61109: 26,714 residents.
• Total households: 11,031, supporting a strong community base.
• Total housing units: 11,829, with some availability for new occupants.
• Median household income: $61,702, reflecting economic stability.
• Median house value: $124,900, an affordable option for buyers.
• Median rent: $916, offering cost-effective rental opportunities.
• Racial diversity: 56.78% White, 12.91% Black, 4.99% Asian, 20.7% Hispanic.

What This Means for You

For homebuyers, ZIP 61109 presents an affordable housing market with a median home value of $124,900, ideal for those entering the market or seeking value. The diverse community also ensures a welcoming environment for families of varied backgrounds. Real estate investors and agents will find potential in the slight surplus of housing units (11,829 total units versus 11,031 households), which could translate to opportunities for rentals or flips in a market with stable demand. Small-business owners can leverage the area’s diversity and population size of over 26,000 to target a broad customer base, while the median income of $61,702 suggests reasonable purchasing power among residents. Analysts can use these metrics to benchmark 61109 against other ZIP codes, identifying trends in affordability and demographic shifts. Across all groups, this area offers a balanced mix of opportunity and accessibility.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 61109? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date insights on population, income, housing costs, and more, tailored to your needs.
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