ZIP code 60406: income, home prices and cost of living

The median household income in ZIP 60406 is $55,830, which is 23% below the Illinois median of $72,639 and 19% below the national figure. The typical home is valued at $159,400, and the median rent is $1,038/month. 48.9% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$55,830

Illinois average
$72,63923%
National
$68,75019%

Median home value

$159,400

Illinois average
$160,850
National
$209,60024%

Median gross rent

$1,038

Illinois average
$90615%
National
$9845%

Median age

35.1 yrs

Illinois average
41.0 yrs14%
National
41.0 yrs14%

Homeownership rate

48.9%

Illinois average
78.2%37%
National
75.8%35%

Bachelor's degree or higher

9.9%

Illinois average
15.6%37%
National
15.9%38%

How ZIP 60406 compares with Illinois and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Illinois

60404604086040360409604026041060401604116041560416

Or compare 60406 with 60404.

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What people search about ZIP 60406

Searches for the cost of living in 60406, the median household income in 60406, average rent in 60406 and home values in this part of Illinois all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 60406, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.