| ZIP Code | 60501 |
|---|---|
| City | Summit Argo |
| State | Illinois (IL) |
| County | Cook County |
| Area Code | 464/630/708/773/847 |
| Elevation | 597 ft |
| Latitude | 41.779245 |
|---|---|
| Longitude | -87.823379 |
| Timezone | Chicago (DST) |
| FIPS | 17031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.5 yrs ↑ 18% since 2019 |
|---|---|
| Avg Household Size | 3.01 |
| Below Poverty | 11.9% ▲ 19% above avg |
| College Grads | 22.3% ▼ 42% below avg |
| Unemployment | 6.9% ▲ 41% above avg |
| No HS Diploma | 311 (5%) |
| HS Graduate | 2,846 (45.9%) |
| Some College | 955 (15.4%) |
| Associates | 698 (11.3%) |
| Bachelors | 370 (6%) |
| Graduate Degree | 1,014 (16.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,110 ▼ 19% below avg ↑ 17% since 2019 |
|---|---|
| Median Home Value | $227,300 ▼ 18% below avg ↑ 31% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,017/mo ↑ 16% since 2019 |
| Total Units | 4,134 |
| Vacant Units | 321 |
| Avg HH Size | 3.01 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,134 |
|---|---|
| Vacant | 321 |
| Owner Occupied | 62.7% |
| Renter Occupied | 37.3% |
| Avg HH Size | 3.01 |
ZIP code 60501 is located in Summit Argo, Illinois, within Cook County. With a population of 11,490, this is a lightly populated ZIP code with a middle-aged community — the median age is 38.5 years. Economically, 60501 is a solidly middle-class ZIP code: the median household income of $62,110 is below the national average.
Real estate in ZIP code 60501 represents an affordable housing market. The median home value of $227,300 is below the national average. Renters can expect to pay around $1,017 per month in median rent. Homeownership is strong here — 62.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 60501 is primarily Hispanic (74.10%). Residents are less-educated — 22.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 11.9%. Household income has grown by 17% since 2019.
The unemployment rate in 60501 stands at 6.9%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 60501 in Summit Argo, IL is characterized as solidly middle-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 11,490 residents, a median household income of $62,110, and a median home value of $227,300, it offers a clear picture of life in this part of Illinois.