| ZIP Code | 60421 |
|---|---|
| City | Elwood |
| State | Illinois (IL) |
| County | Will County |
| Area Code | 779/815 |
| Elevation | 636 ft |
| Latitude | 41.414206 |
|---|---|
| Longitude | -88.083462 |
| Timezone | Chicago (DST) |
| FIPS | 17197 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.44 |
| Below Poverty | 4.3% ▼ 58% below avg |
| College Grads | 31.6% ▼ 19% below avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 13 (0.5%) |
| HS Graduate | 1,041 (37.2%) |
| Some College | 493 (17.6%) |
| Associates | 369 (13.2%) |
| Bachelors | 386 (13.8%) |
| Graduate Degree | 497 (17.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $101,818 ▲ 33% above avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $251,400 ▼ 10% below avg ↑ 31% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $989/mo ↓ 4% since 2019 |
| Total Units | 1,645 |
| Vacant Units | 97 |
| Avg HH Size | 2.44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,645 |
|---|---|
| Vacant | 97 |
| Owner Occupied | 86.9% |
| Renter Occupied | 13.1% |
| Avg HH Size | 2.44 |
ZIP code 60421 is located in Elwood, Illinois, within Will County. With a population of 3,786, this is a sparsely populated ZIP code with a mature community — the median age is 45 years. Economically, 60421 is a upper-middle-income ZIP code: the median household income of $101,818 is above the national average.
Real estate in ZIP code 60421 represents a mid-range housing market. The median home value of $251,400 is near the national average. Renters can expect to pay around $989 per month in median rent. Homeownership is strong here — 86.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 60421 is primarily White (81.91%). Residents are moderately educated — 31.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 4.3%. Household income has grown by 18% since 2019.
The unemployment rate in 60421 stands at 2.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 60421 in Elwood, IL is characterized as upper-middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 3,786 residents, a median household income of $101,818, and a median home value of $251,400, it offers a clear picture of life in this part of Illinois.