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AREA INFORMATION

60616 (Chicago, IL)

Explore the real estate in 60616 (Chicago, IL)

Area Highlights

60616 (Chicago, IL) residents have a median age of 41.9 years old, with employment highest in the education and administrative support industries.

48,884 Population

21,563 Households

$66,172 /yr
Median Household Income

$330,000
Median Home Sale Price

27m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

41.9 Median Age

Average Household Size

2.2
persons per
household

30.5%

Married Households

Community Population By Education

Bachelors Degree 26%
Graduate Degree 23%
High School Graduate 17%
Some High School 16%
Some College 13%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 25.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
16.9% of households have children

Economics

$66,172 /yr
Median Household Income
$330,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 18.22% of the households.

Transportation to Work

  • Drive 52%
  • Public Transit 25%
  • Work from Home 14%
  • Walk or Bike 9%

Occupancy by Type

Rented 13,122 55%
Owned 8,441 36%
Vacant 2,115 9%

White vs Blue Collar Jobs







White Collar 88%
Blue Collar 12%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 41.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 12-17 years age range.

Community Population By Ethnicity

Asian 41%
Black 26%
White 23%
Hispanic 9%
Other 4%
Native American <1%
The most prevalent ethnicity is Asian at 41%, followed by Black at 26%, White at 23%, and Hispanic at 9%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
17° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
17°
31°
Feb
21°
35°
Mar
29°
44°
Apr
39°
57°
May
49°
68°
Jun
59°
78°
Jul
65°
83°
Aug
64°
81°
Sep
56°
75°
Oct
45°
63°
Nov
34°
49°
Dec
22°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$949,000
For sale
3 beds • 3 baths • 1 half baths • 3,000 sqft

310 E 18th St
Chicago, IL 60616

Price On Request
For sale
2 beds • 2 baths • 1,200 sqft

1601 S State St 6H
Chicago, IL 60616

$199,000
For sale
3 beds • 2 baths

2901 South Michigan Avenue , 1807
Chicago, IL 60616

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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