| ZIP Code | 60623 |
|---|---|
| City | Chicago |
| State | Illinois (IL) |
| County | Cook County |
| Area Code | 312/464/708/773/872 |
| Elevation | 597 ft |
| Latitude | 41.847101 |
|---|---|
| Longitude | -87.717611 |
| Timezone | Chicago (DST) |
| FIPS | 17031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs ↑ 12% since 2019 |
|---|---|
| Avg Household Size | 2.79 |
| Below Poverty | 24.6% ▲ 146% above avg |
| College Grads | 23.8% ▼ 39% below avg |
| Unemployment | 9.4% ▲ 93% above avg |
| No HS Diploma | 2,609 (6.7%) |
| HS Graduate | 16,971 (43.6%) |
| Some College | 4,444 (11.4%) |
| Associates | 5,672 (14.6%) |
| Bachelors | 2,751 (7.1%) |
| Graduate Degree | 6,515 (16.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,040 ▼ 42% below avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $221,400 ▼ 21% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 5.0x (nat avg ~3.5x) |
| Median Rent | $1,054/mo ↑ 21% since 2019 |
| Total Units | 31,300 |
| Vacant Units | 3,850 |
| Avg HH Size | 2.79 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 31,300 |
|---|---|
| Vacant | 3,850 |
| Owner Occupied | 38.4% |
| Renter Occupied | 61.6% |
| Avg HH Size | 2.79 |
ZIP code 60623 is located in Chicago, Illinois, within Cook County. With a population of 77,061, this is a densely populated ZIP code with a relatively young community — the median age is 35.2 years. Economically, 60623 is a working-class ZIP code: the median household income of $44,040 is below the national average.
Real estate in ZIP code 60623 represents an affordable housing market. The median home value of $221,400 is below the national average. Renters can expect to pay around $1,054 per month in median rent. This is predominantly a renter community, with 61.6% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 38% since 2019.
The population of 60623 is majority Hispanic (68.38%). Residents are less-educated — 23.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 24.6%. Household income has grown by 36% since 2019.
The unemployment rate in 60623 stands at 9.4%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 59%.
Overall, ZIP code 60623 in Chicago, IL is characterized as working-class, less-educated, and a relatively young community. With 77,061 residents, a median household income of $44,040, and a median home value of $221,400, it offers a clear picture of life in this part of Illinois.