60424 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Grundy County
Centroid: Latitude 41.17, Longitude -88.321
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 60424 has segments in 2 Counties (Grundy, Kankakee).

Businesses Addresses: 50
PO Box Addresses: 158
Residential Addresses: 808

Multi-Family Addresses: 35
Single Family Addresses: 773

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Gardner, IL 60424 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,684 (100%)
Population in Households	2,684 (100.0%)
Population in Families	2,208 (82.3%)
Population in Group Quarters¹	0
Population Density	47
Diversity Index²	24


INCOME
Median Household Income	$66,767
Average Household Income	$87,753
% of Income for Mortgage⁴	10%
Per Capita Income	$34,493
Wealth Index⁵	95

HOUSING
Total HU (Housing Units)	1,153 (100%)
Owner Occupied HU	734 (63.7%)
Renter Occupied HU	321 (27.8%)
Vacant Housing Units	98 ( 8.5%)
Median Home Value	$156,319
Average Home Value	$189,441
Housing Affordability Index³	225

HOUSEHOLDS
Total Households	1,055
Average Household Size	2.54
Family Households	734
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Gardner, IL 60424 - Peer Comparisons by Rank and Percentile

The table below compares 60424 to the other 1,372 ZIP Codes in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.25%	0.29%
Households	0.49%	0.43%
Families	0.31%	0.3%
Median Household Income		1.6%
Per Capita Income		1.67%
Owner Occupied HU		0.49%

Variable Description	Rank	Percentile
Total Population	# 606	56th
Population Density	# 743	46th
Median Household Income	# 450	67th
Housing Affordability Index	# 584	43rd
Per Capita Income	# 409	70th
Diversity Index	# 467	66th

Gardner, IL 60424 ZIP Code Profile

ZIP Code 60424: Basic Data & USPS Preferred City Name

Gardner, IL 60424 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Gardner, IL 60424 - Peer Comparisons by Rank and Percentile

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