| ZIP Code | 60416 |
|---|---|
| City | Coal City |
| State | Illinois (IL) |
| County | Grundy County |
| Area Code | 779/815 |
| Elevation | 558 ft |
| Latitude | 41.293908 |
|---|---|
| Longitude | -88.283101 |
| Timezone | Chicago (DST) |
| FIPS | 17063 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.51 |
| Below Poverty | 7.6% ▼ 24% below avg |
| College Grads | 31.4% ▼ 19% below avg |
| Unemployment | 4.2% ▼ 14% below avg |
| No HS Diploma | 149 (2.5%) |
| HS Graduate | 2,023 (33.3%) |
| Some College | 814 (13.4%) |
| Associates | 1,179 (19.4%) |
| Bachelors | 667 (11%) |
| Graduate Degree | 1,240 (20.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,865 ≈ Avg ↓ 3% since 2019 |
|---|---|
| Median Home Value | $222,900 ▼ 20% below avg ↑ 9% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $1,074/mo ↑ 4% since 2019 |
| Total Units | 3,803 |
| Vacant Units | 110 |
| Avg HH Size | 2.51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,803 |
|---|---|
| Vacant | 110 |
| Owner Occupied | 78.6% |
| Renter Occupied | 21.4% |
| Avg HH Size | 2.51 |
ZIP code 60416 is located in Coal City, Illinois, within Grundy County. With a population of 9,277, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 60416 is a solidly middle-class ZIP code: the median household income of $71,865 is near the national average.
Real estate in ZIP code 60416 represents an affordable housing market. The median home value of $222,900 is below the national average. Renters can expect to pay around $1,074 per month in median rent. Homeownership is strong here — 78.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 9% since 2019.
The population of 60416 is primarily White (90.65%). Residents are moderately educated — 31.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 7.6%. Household income has declined by 3% since 2019.
The unemployment rate in 60416 stands at 4.2%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 60416 in Coal City, IL is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 9,277 residents, a median household income of $71,865, and a median home value of $222,900, it offers a clear picture of life in this part of Illinois.