60622

2023 Data
Chicago, Illinois

60622 is a prosperous, upper-middle-class neighborhood in Chicago with a competitive housing market.

Population

53,696

Income Rank

Top 68%

55%

$125K

Median Income

vs national

100%

$623K

Home Value

vs national

47%

$1,932

Monthly Rent

vs national

32.4 yrs

Median Age

How 60622 Compares

Key metrics versus national medians

Median Income
$124,852+55%

National median: $80,610

Home Value
$622,900+100%

National median: $311,500

Monthly Rent
$1,932+47%

National median: $1,314

College Educated
72.8%+109%

National median: 34.8%

Income Distribution in 60622

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 $124,852.

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What is the Average Income in 60622?

Household earnings and economic conditions

$124,852

Median Household Income

$84,251

Per Capita Income

3.1%

Unemployment Rate

Residents of 60622 earn a median household income of $124,852 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 $84,251 provides insight into individual earning power.

How Much Does it Cost to Live in 60622?

Real estate market and rental conditions in Chicago

Home Buying

Median Home Value$622,900
20% Down Payment$124,580
Est. Monthly Mortgage$3,488

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$1,932
Annual Rent Cost$23,184
Rent-to-Income Ratio19%

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 60622

Population breakdown by age and gender

Male
Female
Median Age (32.4 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 60622 is 32.4 years, which is younger than the national median of 39 years.

Who Lives in 60622? Demographics & Population

Age, diversity, and population breakdown

53,696

Total Population

32.4

Median Age

73%

College Educated

25,594

Households

60622 has a population of 53,696 residents in approximately 25,594 households. The median age of 32.4 years is younger than the national median of 39 years. With 73% of residents holding bachelor's degrees or higher, this is a highly educated community.

Diversity & Ethnicity in 60622

Racial and ethnic composition of the community

White(70.3%)
Two or More(12.5%)
Other(6%)
Asian(5.5%)
Black(5.4%)
Native American(0.2%)
Pacific Islander(0%)

Diversity Index

48

Moderate

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

21.4%

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

Racial Composition

White
70.3%
Two or More
12.5%
Other
6%
Asian
5.5%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 48, this community has moderate diversity.

Education Levels in 60622

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

72.8%

National average: 34.8%

High School or Higher

94.5%

National average: 88.6%

Education Breakdown

Less than HS
5.5%
HS Graduate
9%
Some College
9.1%
Associate's Degree
3.6%
Bachelor's Degree
44.8%
Graduate+
28%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 72.8% holding a bachelor's degree or higher, this area exceeds the national average.

What is 60622 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

The 60622 zip code represents a affluent professional community in the Chicago region.

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
  • 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 60622 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

Frequently Asked Questions

Common questions about 60622 Chicago, IL

The median household income in 60622 (Chicago, IL) is $124,852, which is 55% higher than the national median of $80,610.

The median home value in 60622 is $622,900. A 20% down payment would be $124,580, with an estimated monthly mortgage of $3,488 at current rates.

The median monthly rent in 60622 is $1,932, totaling $23,184 annually. This represents 19% of the median household income.

60622 in Chicago, Illinois is a prosperous, upper-middle-class neighborhood with a median age of 32.4 years. With 73% college graduates, it's a highly educated community.

The unemployment rate in 60622 is 3.1%, lower than the national rate of 4.8%. This means 96.9% of the labor force is employed.

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