ZIP Code 60516
ZIP / ZCTAPopulation: 28,594
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 60516
- What is the median household income in 60516?
- The median household income in 60516 is $118,780 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 60516?
- The poverty rate in 60516 is 3.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in 60516?
- $423,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in 60516?
- The median gross rent in 60516 is $1,636 per month (U.S. Census Bureau ACS 2023).
- What percentage of 60516 residents have a college degree?
- 53.9% of adults in 60516 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
28,594
Median Income
$118,780
Median Home Value
$423,000
Poverty Rate
3.7%
Unemployment (ACS 2023)
5.0%
Median Age
42.0 yrs
Since 2019
Median Income:
+$26,372 (+28.5%)
Home Value:
+$82,000 (+24%)
Poverty Rate:
+0.7 pp (+23.3%)
Bachelor's+:
0.0 pp (+0%)
Unemployment:
+0.3 pp (+6.4%)
Demographics
Total Population
28,594
Median Age
42.0
Female
50.2%
Race & Ethnicity
Hispanic or Latino 8.9%
White (non-Hisp.) 80.7%
Black 2.9%
Asian 5.0%
Two or More 6.1%
Other 1.8%
Asian Subgroups (% of total pop.)
Indian
2.2%
Chinese
0.6%
Filipino
0.6%
Korean
0.4%
Japanese
0.2%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
5.6%
Cuban
1.2%
Puerto Rican
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$118,780
±$9,424
Per Capita Income
$144,543
Median Family Income
$147,342
Poverty Rate
3.7%
Child Poverty Rate
2.2%
Working-Age Poverty Rate
—
SNAP Recipients
4.1%
Social Security Income
—
Retirement Income
29.1%
Household Income Distribution
< $10k
2.3%
$10–15k
0.8%
$15–25k
3.8%
$25–35k
3.0%
$35–50k
7.2%
$50–75k
16.6%
$75–100k
10.1%
$100–150k
17.7%
$150–200k
16.4%
$200k+
22.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
11,912
Owner-Occupied
77.6%
Renter-Occupied
22.4%
Vacancy Rate
4.4%
Median Home Value
$423,000
Median Gross Rent
$1,636
Owner Cost Burden (30%+)
14.0%
Renter Cost Burden (30%+)
36.4%
Home Value Distribution
< $50k
0.9%
$100–200k
2.4%
$200–300k
14.7%
$300–500k
46.8%
$500k–$1M
27.6%
$1M+
1.4%
Gross Rent Distribution
< $500
0.7%
$500–1k
6.1%
$1–1.5k
29.7%
$1.5–2k
49.5%
$2–2.5k
8.5%
$2.5–3.5k
3.7%
$3.5k+
1.8%
Vehicle Availability
No vehicle
1.9%
1 vehicle
32.9%
2 vehicles
47.0%
3+
18.2%
Housing Type
Single-fam. det.
67.7%
Single-fam. att.
8.4%
5–19 units
6.7%
20+ units
6.6%
Mobile home
1.2%
Housing Age
Pre-1940
2.9%
1940–1969
2.3%
1970–1999
29.3%
2000–2009
4.7%
2010+
3.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.4%
Bachelor's or Higher
53.9%
Graduate Degree
20.3%
Some College / Associate
15.9%
Less Than High School
2.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
67.6%
Unemployment Rate
5.0%
Work from Home
19.6%
Self-Employed
4.5%
Government Workers
10.0%
Private For-Profit
85.3%
Industry
Edu/Health
21.4%
Prof. Services
16.2%
Finance
10.7%
Manufacturing
10.0%
Arts/Entmt.
8.8%
Retail
8.4%
Construction
7.1%
Transportation
5.1%
Wholesale
4.1%
Information
2.4%
Public Admin
1.7%
Agriculture
0.5%
Occupation
Management
54.5%
Sales
22.4%
Food Prep
10.0%
Production
7.9%
Construction
5.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
29.0 min
Drove Alone
66.6%
Carpool
5.1%
Public Transit
6.7%
Work from Home
19.6%
Walked
1.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
11,383
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
25.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.7%
5–9
6.3%
10–14
5.2%
15–19
5.1%
20–24
4.6%
25–34
12.9%
35–44
13.5%
45–54
12.3%
55–64
7.3%
65–74
6.6%
75–84
12.7%
85+
4.8%
Under 18: 21.8%
Working age (18–64): 78.2%
65 and over: 19.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
12.1%
Naturalized Citizen
54.4%
Speaks English Less Than Very Well
5.1%
Foreign-Born Origin
Europe
42.9%
Asia
35.8%
Latin America
16.6%
Africa
3.6%
Veterans & Disability
Veteran
3.5%
With a Disability
8.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.6%
Uninsured
3.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.4%
Has a Computer
98.2%
Same House 1 Year Ago
89.1%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023