ZIP 61821 - 860Z200US61821 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 61821 for your next home, investment, or business venture, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in a dynamic region, 61821 provides a blend of diversity, affordability, and opportunity. Using the latest 2023 data, we’ve compiled key metrics on population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps.

Population & Households

ZIP code 61821 is home to a population of 28,838 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 12,433 households, reflecting a strong residential base. With 13,751 total housing units in the area, there’s a mix of occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size that supports family living as well as individual or smaller-unit residences.

Income & Housing Costs

Financially, ZIP 61821 stands out with a median household income of $69,284, indicating a solid economic foundation for many residents. This income level supports a comfortable lifestyle relative to housing costs in the area. The median house value is $174,800, which positions 61821 as an accessible market for first-time homebuyers or those seeking value-driven investments. For renters, the median rent of $1,001 per month offers a reasonable alternative to ownership, balancing affordability with quality of living. These figures suggest a market that caters to a range of budgets and financial goals.

Race & Ethnicity

The demographic makeup of ZIP 61821 reflects a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition breaks down as follows: 56.83% White, 22.98% Black, 7.98% Asian, and 7.84% Hispanic. This diversity fosters a culturally rich atmosphere, appealing to families, businesses, and investors who value varied perspectives and community engagement. It also hints at potential for businesses catering to multicultural needs or niche markets within the area.

Key Facts

• Total population: 28,838 residents, offering a sizable community for engagement or customer base.
• Total households: 12,433, indicating a strong residential presence.
• Total housing units: 13,751, with potential availability for new occupants or investors.
• Median household income: $69,284, supporting a stable economic environment.
• Median house value: $174,800, an attractive entry point for homebuyers.
• Median rent: $1,001, providing affordable rental options.
• Diverse population: 56.83% White, 22.98% Black, 7.98% Asian, 7.84% Hispanic, reflecting cultural variety.

What This Means for You

For homebuyers, ZIP 61821 offers a compelling mix of affordability and community. With a median house value of $174,800 and a median income that supports mortgage payments, this area is ideal for first-time buyers or those looking to settle into a diverse, welcoming neighborhood. Investors and real estate agents will note the spread between total housing units and households, suggesting potential for rental properties or flips, especially given the reasonable median rent of $1,001. The diversity and population size also indicate sustained demand for housing. Small-business owners can leverage the cultural variety and population of nearly 29,000 to target specific demographics or offer inclusive services, while the income levels suggest disposable income for local spending. Analysts can use these metrics as a baseline for deeper market studies, focusing on trends in housing availability or income growth in 61821.

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