60629 is an affordable, working-class neighborhood in Chicago with affordable housing options.
Population
109,292
Income Rank
Top 41%
$59K
Median Income
vs national
$236K
Home Value
vs national
$1,106
Monthly Rent
vs national
34.2 yrs
Median Age
Key metrics versus national medians
National median: $80,610
National median: $311,500
National median: $1,314
National median: 34.8%
How household incomes are distributed across brackets
This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $58,813.
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Household earnings and economic conditions
$58,813
Median Household Income
$24,564
Per Capita Income
10.5%
Unemployment Rate
Residents of 60629 earn a median household income of $58,813 per year. This is 27% below the national median of $80,610. The per capita income of $24,564 provides insight into individual earning power.
Real estate market and rental conditions in Chicago
*Estimated at 7% APR, 30-year fixed
How affordable is it to live here?
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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Population breakdown by age and gender
This population pyramid shows the distribution of residents by age group and gender. The median age in 60629 is 34.2 years, which is younger than the national median of 39 years.
Age, diversity, and population breakdown
109,292
Total Population
34.2
Median Age
14%
College Educated
34,229
Households
60629 has a population of 109,292 residents in approximately 34,229 households. The median age of 34.2 years is younger than the national median of 39 years. About 14% of residents have completed higher education.
Racial and ethnic composition of the community
Diversity Index
76
Very Diverse
0 = Single race, 100 = Perfect diversity
Hispanic/Latino Population
76.4%
Note: Hispanic/Latino is an ethnicity, counted separately from race
Racial Composition
The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 76, this is a diverse community.
Educational attainment of adults 25 and older
College Educated (Bachelor's+)
14.2%
National average: 34.8%
High School or Higher
74.1%
National average: 88.6%
Education Breakdown
Educational attainment data shows the highest level of education completed by residents 25 years and older. With 14.3% holding a bachelor's degree or higher, this area is below the national average of 34.8%.
Community personality and lifestyle analysis
As a young working-class community, 60629 offers a distinctive living experience in Chicago.
This is an economically accessible area with below-average incomes.
The area attracts a mix of young professionals and established families.
Residents bring practical skills and work experience rather than formal degrees.
A typical 60629 resident is a adult in their mid-30s, renter with manageable housing costs, working in steady employment in service or trade industries with practical work experience and vocational skills.
Lifestyle
Active, affordable urban living with strong community bonds
Common questions about 60629 Chicago, IL
The median household income in 60629 (Chicago, IL) is $58,813, which is 27% below the national median of $80,610.
The median home value in 60629 is $236,300. A 20% down payment would be $47,260, with an estimated monthly mortgage of $1,323 at current rates.
The median monthly rent in 60629 is $1,106, totaling $13,272 annually. This represents 23% of the median household income.
60629 in Chicago, Illinois is an affordable, working-class neighborhood with a median age of 34.2 years. The area has diverse educational backgrounds.
The unemployment rate in 60629 is 10.5%, compared to the national rate of 4.8%. This means 89.5% of the labor force is employed.
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