| ZIP Code | 60640 |
|---|---|
| City | Chicago |
| State | Illinois (IL) |
| County | Cook County |
| Area Code | 773 |
| Elevation | 594 ft |
| Latitude | 41.972872 |
|---|---|
| Longitude | -87.662604 |
| Timezone | Chicago (DST) |
| FIPS | 17031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.4 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 1.72 |
| Below Poverty | 18.3% ▲ 83% above avg |
| College Grads | 70.1% ▲ 81% above avg |
| Unemployment | 5.3% ▲ 9% above avg |
| No HS Diploma | 897 (1.8%) |
| HS Graduate | 5,826 (11.4%) |
| Some College | 2,969 (5.8%) |
| Associates | 5,568 (10.9%) |
| Bachelors | 2,949 (5.8%) |
| Graduate Degree | 32,846 (64.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,030 ≈ Avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $363,300 ▲ 30% above avg ↑ 19% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,374/mo ↑ 27% since 2019 |
| Total Units | 40,850 |
| Vacant Units | 3,123 |
| Avg HH Size | 1.72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 40,850 |
|---|---|
| Vacant | 3,123 |
| Owner Occupied | 31.3% |
| Renter Occupied | 68.7% |
| Avg HH Size | 1.72 |
ZIP code 60640 is located in Chicago, Illinois, within Cook County. With a population of 66,884, this is a densely populated ZIP code with a relatively young community — the median age is 37.4 years. Economically, 60640 is a solidly middle-class ZIP code: the median household income of $71,030 is near the national average.
Real estate in ZIP code 60640 represents a mid-range housing market. The median home value of $363,300 is above the national average. Renters can expect to pay around $1,374 per month in median rent. This is predominantly a renter community, with 68.7% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 19% since 2019.
The population of 60640 is majority White (53.59%). Residents are highly educated — 70.1% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 18.3%. Household income has grown by 24% since 2019.
The unemployment rate in 60640 stands at 5.3%, which is near the national average. A notably high share of workers — 27% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 32%.
Overall, ZIP code 60640 in Chicago, IL is characterized as solidly middle-class, highly educated, and a relatively young community. With 66,884 residents, a median household income of $71,030, and a median home value of $363,300, it offers a clear picture of life in this part of Illinois.