60614

2023 Data
Chicago, Illinois

60614 is a prosperous, upper-middle-class neighborhood in Chicago with a competitive housing market.

Population

70,444

Income Rank

Top 74%

73%

$140K

Median Income

vs national

135%

$731K

Home Value

vs national

54%

$2,019

Monthly Rent

vs national

31.3 yrs

Median Age

Chicago 60614 vs National Average

Key metrics versus national medians

Median Income
$139,561+73%

National median: $80,610

Home Value
$730,700+135%

National median: $311,500

Monthly Rent
$2,019+54%

National median: $1,314

College Educated
86.1%+147%

National median: 34.8%

Income Distribution in Chicago 60614

Household income brackets in Chicago, IL

% 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 $139,561.

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Median Household Income in Chicago, IL (60614)

Average income and economic data for 60614

$139,561

Median Household Income

$112,973

Per Capita Income

3.6%

Unemployment Rate

Residents of 60614 earn a median household income of $139,561 per year. This is 73% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $112,973 provides insight into individual earning power.

Cost of Living in Chicago 60614

Housing costs, home values, and rent prices in Chicago, IL

Home Buying

Median Home Value$730,700
20% Down Payment$146,140
Est. Monthly Mortgage$4,092

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,019
Annual Rent Cost$24,228
Rent-to-Income Ratio17%

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 Chicago (60614)

Population by age and gender in Chicago, IL

Male
Female
Median Age (31.3 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 60614 is 31.3 years, which is younger than the national median of 39 years.

Chicago Demographics & Population (60614)

Population breakdown, age distribution, and diversity in Chicago, IL

70,444

Total Population

31.3

Median Age

86%

College Educated

34,603

Households

60614 has a population of 70,444 residents in approximately 34,603 households. The median age of 31.3 years is younger than the national median of 39 years. With 86% of residents holding bachelor's degrees or higher, this is a highly educated community.

Chicago Diversity & Ethnicity (60614)

Racial and ethnic demographics in Chicago, IL

White(80.4%)
Asian(7.6%)
Two or More(6.1%)
Black(3.4%)
Other(2.4%)
Native American(0%)
Pacific Islander(0%)

Diversity Index

34

Moderate

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

7.2%

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

Racial Composition

White
80.4%
Asian
7.6%
Two or More
6.1%
Black
3.4%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 34, this community has moderate diversity.

Education Levels in Chicago (60614)

Educational attainment and college graduation rates in Chicago, IL

College Educated (Bachelor's+)

86.1%

National average: 34.8%

High School or Higher

98.1%

National average: 88.6%

Education Breakdown

Less than HS
1.9%
HS Graduate
3.4%
Some College
6.3%
Associate's Degree
2.3%
Bachelor's Degree
45.6%
Graduate+
40.5%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 86.1% holding a bachelor's degree or higher, this area exceeds the national average.

What is Chicago 60614 Like?

Neighborhood profile and quality of life in Chicago, IL

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

As a affluent professional community, 60614 offers a distinctive living experience in Chicago.

Residents here enjoy significantly above-average household earnings.

Young professionals and new families make up much of the population.

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
  • Young, energetic population
  • Highly educated residents
  • Competitive real estate market relative to incomes
  • Reasonable rental costs for the area

Typical Resident Profile

A typical 60614 resident is a adult in their early 30s, 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

Chicago 60614 FAQ

Frequently asked questions about Chicago, IL 60614

The median household income in 60614 (Chicago, IL) is $139,561, which is 73% higher than the national median of $80,610.

The median home value in 60614 is $730,700. A 20% down payment would be $146,140, with an estimated monthly mortgage of $4,092 at current rates.

The median monthly rent in 60614 is $2,019, totaling $24,228 annually. This represents 17% of the median household income.

60614 in Chicago, Illinois is a prosperous, upper-middle-class neighborhood with a median age of 31.3 years. With 86% college graduates, it's a highly educated community.

The unemployment rate in 60614 is 3.6%, lower than the national rate of 4.8%. This means 96.4% of the labor force is employed.

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