Chicago, IL 60624 ZIP Code Profile

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Chicago, IL
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ZIP Code 60624: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Chicago, IL 60624

  • ZIP Code Type: STANDARD
  • County: Cook County
  • Centroid: Latitude 41.877, Longitude -87.724
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes
  • Businesses Addresses: 784
  • PO Box Addresses: 745
  • Residential Addresses: 11,427
    • Multi-Family Addresses: 4,967
    • Single Family Addresses: 6,460

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

Jump to... (On This Page!)
  1. 60624 2019 Demographic Data
  2. Growth Rates for 60624 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Chicago, IL 60624 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Chicago, IL 60624 Housing Affordability Index is 53
State of Illinois Housing Affordability Index is 119
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.

WEALTH INDEX

Chicago, IL 60624 Wealth Index is 25
State of Illinois Wealth Index is 105
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 38,035 (100%)
Population in Households 37,260 (98.0%)
Population in Families 30,635 (80.5%)
Population in Group Quarters1 775 ( 2.0%)
Population Density 10,983
Diversity Index2 19
 

INCOME

Median Household Income $23,695
Average Household Income $38,142
Per Capita Income $12,934
Wealth Index4 25

HOUSING

Total Housing Units 17,182 (100%)
Owner Occupied HU 3,020 (17.6%)
Renter Occupied HU 9,839 (57.3%)
Vacant Housing Units 4,323 (25.2%)
Median Home Value $202,024
Housing Affordability Index3 53
 

HOUSEHOLDS

Total Households 12,859
Average Household Size 2.9
Family Households 8,430
Average Family Size 4
NOTES
  1. 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.
  2. 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 race 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.
  3. 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.
  4. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.05% -0.13%
Households 0.1% -0.08%
Families -0.04% -0.15%
Median Household Income   2.32%
Per Capita Income   2.74%

Chicago, IL 60624 - Peer Comparisons by Rank and Percentile

The table below compares 60624 to the other 1,383 ZIP Codes in Illinois by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 88 94th
Population Density # 42 97th
Diversity Index # 550 60th
Median Household Income # 1355 2nd
Per Capita Income # 1360 2nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.


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