60611

2023 Data
Chicago, Illinois

60611 is a prosperous, upper-middle-class neighborhood in Chicago with a competitive housing market.

Population

36,036

Income Rank

Top 68%

55%

$125K

Median Income

vs national

95%

$608K

Home Value

vs national

84%

$2,416

Monthly Rent

vs national

38.2 yrs

Median Age

How 60611 Compares

Key metrics versus national medians

Median Income
$124,621+55%

National median: $80,610

Home Value
$608,200+95%

National median: $311,500

Monthly Rent
$2,416+84%

National median: $1,314

College Educated
88.1%+153%

National median: 34.8%

Income Distribution in 60611

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $124,621.

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What is the Average Income in 60611?

Household earnings and economic conditions

$124,621

Median Household Income

$133,057

Per Capita Income

2.9%

Unemployment Rate

Residents of 60611 earn a median household income of $124,621 per year. This is 55% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $133,057 provides insight into individual earning power.

How Much Does it Cost to Live in 60611?

Real estate market and rental conditions in Chicago

Home Buying

Median Home Value$608,200
20% Down Payment$121,640
Est. Monthly Mortgage$3,406

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,416
Annual Rent Cost$28,992
Rent-to-Income Ratio23%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

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Age Distribution in 60611

Population breakdown by age and gender

Male
Female
Median Age (38.2 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 60611 is 38.2 years, which is younger than the national median of 39 years.

Who Lives in 60611? Demographics & Population

Age, diversity, and population breakdown

36,036

Total Population

38.2

Median Age

88%

College Educated

23,564

Households

60611 has a population of 36,036 residents in approximately 23,564 households. The median age of 38.2 years is younger than the national median of 39 years. With 88% of residents holding bachelor's degrees or higher, this is a highly educated community.

Diversity & Ethnicity in 60611

Racial and ethnic composition of the community

White(63.2%)
Asian(22.7%)
Black(6.6%)
Two or More(5%)
Other(2.4%)
Native American(0.1%)

Diversity Index

54

Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

6.4%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
63.2%
Asian
22.7%
Black
6.6%
Two or More
5%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 54, this is a diverse community.

Education Levels in 60611

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

88.1%

National average: 34.8%

High School or Higher

99.2%

National average: 88.6%

Education Breakdown

Less than HS
0.8%
HS Graduate
2.9%
Some College
6.4%
Associate's Degree
1.8%
Bachelor's Degree
38.4%
Graduate+
49.7%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 88.1% holding a bachelor's degree or higher, this area exceeds the national average.

What is 60611 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

Located in Chicago, the 60611 area is best described as a affluent professional community.

Residents here enjoy significantly above-average household earnings.

Established families and mid-career professionals call this area home.

This is a highly educated community with most adults holding college degrees.

Best Suited For

  • +Executives & senior professionals
  • +Dual-income families
  • +Remote workers seeking quality of life

May Not Suit

  • -Budget-conscious renters
  • -First-time buyers on limited budgets

Key Characteristics

  • Higher-than-average household incomes
  • Highly educated residents
  • Competitive real estate market relative to incomes
  • Reasonable rental costs for the area
  • Strong local job market

Typical Resident Profile

A typical 60611 resident is a established adult in their early 40s, renter with manageable housing costs, working in professional or executive career with advanced education.

Lifestyle

Career-focused with emphasis on quality amenities and good schools

Frequently Asked Questions

Common questions about 60611 Chicago, IL

The median household income in 60611 (Chicago, IL) is $124,621, which is 55% higher than the national median of $80,610.

The median home value in 60611 is $608,200. A 20% down payment would be $121,640, with an estimated monthly mortgage of $3,406 at current rates.

The median monthly rent in 60611 is $2,416, totaling $28,992 annually. This represents 23% of the median household income.

60611 in Chicago, Illinois is a prosperous, upper-middle-class neighborhood with a median age of 38.2 years. With 88% college graduates, it's a highly educated community.

The unemployment rate in 60611 is 2.9%, lower than the national rate of 4.8%. This means 97.1% of the labor force is employed.

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