| ZIP Code | 60940 |
|---|---|
| City | Grant Park |
| State | Illinois (IL) |
| County | Kankakee County |
| Area Code | 779/815 |
| Elevation | 702 ft |
| Latitude | 41.249777 |
|---|---|
| Longitude | -87.642858 |
| Timezone | Chicago (DST) |
| FIPS | 17091 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.3 yrs ↓ 22% since 2019 |
|---|---|
| Avg Household Size | 3.04 |
| Below Poverty | 9.1% ▼ 9% below avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 7.1% ▲ 45% above avg |
| No HS Diploma | 8 (0.4%) |
| HS Graduate | 777 (37%) |
| Some College | 292 (13.9%) |
| Associates | 435 (20.7%) |
| Bachelors | 181 (8.6%) |
| Graduate Degree | 406 (19.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $97,778 ▲ 28% above avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $244,800 ▼ 12% below avg ↑ 8% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,201/mo ↑ 29% since 2019 |
| Total Units | 1,173 |
| Vacant Units | 23 |
| Avg HH Size | 3.04 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,173 |
|---|---|
| Vacant | 23 |
| Owner Occupied | 82.5% |
| Renter Occupied | 17.5% |
| Avg HH Size | 3.04 |
ZIP code 60940 is located in Grant Park, Illinois, within Kankakee County. With a population of 3,509, this is a sparsely populated ZIP code with a relatively young community — the median age is 36.3 years. Economically, 60940 is a middle-income ZIP code: the median household income of $97,778 is above the national average.
Real estate in ZIP code 60940 represents an affordable housing market. The median home value of $244,800 is near the national average. Renters can expect to pay around $1,201 per month in median rent. Homeownership is strong here — 82.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 8% since 2019.
The population of 60940 is primarily White (90.11%). Residents are moderately educated — 28.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.1%. Household income has grown by 36% since 2019.
The unemployment rate in 60940 stands at 7.1%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 60940 in Grant Park, IL is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 3,509 residents, a median household income of $97,778, and a median home value of $244,800, it offers a clear picture of life in this part of Illinois.