60431 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Will County
Centroid: Latitude 41.523, Longitude -88.159
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 60431 has segments in 2 Counties (Kendall, Will).

Businesses Addresses: 403
PO Box Addresses: 0
Residential Addresses: 9,961

Multi-Family Addresses: 433
Single Family Addresses: 9,528

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Joliet, IL 60431 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	29,083 (100%)
Population in Households	28,886 (99.3%)
Population in Families	25,040 (86.1%)
Population in Group Quarters¹	197 ( 0.7%)
Population Density	2,047
Diversity Index²	74


INCOME
Median Household Income	$105,076
Average Household Income	$121,059
% of Income for Mortgage⁴	17%
Per Capita Income	$41,348
Wealth Index⁵	101
Socioeconomic Status Index⁶	Moderate (55.1)

HOUSING
Total HU (Housing Units)	10,464 (100%)
Owner Occupied HU	8,707 (83.2%)
Renter Occupied HU	1,224 (11.7%)
Vacant Housing Units	533 ( 5.1%)
Median Home Value	$287,519
Average Home Value	$317,764
Housing Affordability Index³	119

HOUSEHOLDS
Total Households	9,931
Average Household Size	2.91
Family Households	7,425
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Joliet, IL 60431 - Peer Comparisons by Rank and Percentile

The table below compares 60431 to the other 1,360 ZIP Codes in Illinois by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	1.56%	1.05%
Households	1.70%	1.26%
Families		1.27%
Median Household Income		1.80%
Per Capita Income		2.49%
Owner Occupied HU		1.63%

Variable Description	Rank	Percentile
Total Population	# 148	89th
Population Density	# 235	83rd
Median Household Income	# 168	88th
Housing Affordability Index	# 471	35th
Per Capita Income	# 535	61st
Diversity Index	# 98	93rd

60431 ZIP Code Profile, Map, Data & Demographics

ZIP Code 60431: Basic Data & USPS Preferred City Name

Joliet, IL 60431 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Joliet, IL 60431 - Peer Comparisons by Rank and Percentile

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