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ZIP Code 60516, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 60516.

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Community Insights

Highly Educated
31% bachelor's · 15% graduate
top 10% nationally
High Incomes
$112k/year
top 12% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Transportation
13% arts, food & hospitality
Home Value Growth⬆⬆
+16.7% over 2 years
Young Adults
26% of residents
near the national average
Homeowners
76% of occupied units

People & Demographics

Total Population29,620
Households
Under 18
20.0%
Age 18–34
26.0%
Age 35–64
34.0%
Age 65+
20.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$410,017
Median Gross Rent$1,632/mo
Owner Occupied
76.0%
Renter Occupied
24.0%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$111,930
Poverty Rate

Key Industries

Healthcare17.0%
Professional Services3.0%
Manufacturing0.0%
Retail8.0%
Education2.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
31.0%
Master's or Higher
15.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 60516?

The total population of ZIP code 60516 is approximately 29,620. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 60516?

The housing market in ZIP code 60516 is predominantly driven by homeowners, with 76% of housing units being owner-occupied and 24% being renter-occupied.

What is the education level of residents in ZIP code 60516?

In ZIP code 60516, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 15% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.