60661

2023 Data
Chicago, Illinois

60661 is a prosperous, upper-middle-class neighborhood in Chicago with affordable housing options.

Population

11,516

Income Rank

Top 74%

72%

$139K

Median Income

vs national

28%

$398K

Home Value

vs national

83%

$2,403

Monthly Rent

vs national

32.9 yrs

Median Age

Chicago 60661 vs National Average

Key metrics versus national medians

Median Income
$138,831+72%

National median: $80,610

Home Value
$397,700+28%

National median: $311,500

Monthly Rent
$2,403+83%

National median: $1,314

College Educated
88.5%+154%

National median: 34.8%

Income Distribution in Chicago 60661

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 $138,831.

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Median Household Income in Chicago, IL (60661)

Average income and economic data for 60661

$138,831

Median Household Income

$116,294

Per Capita Income

4.0%

Unemployment Rate

Residents of 60661 earn a median household income of $138,831 per year. This is 72% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $116,294 provides insight into individual earning power.

Cost of Living in Chicago 60661

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

Home Buying

Median Home Value$397,700
20% Down Payment$79,540
Est. Monthly Mortgage$2,227

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,403
Annual Rent Cost$28,836
Rent-to-Income Ratio21%

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 (60661)

Population by age and gender in Chicago, IL

Male
Female
Median Age (32.9 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 60661 is 32.9 years, which is younger than the national median of 39 years.

Chicago Demographics & Population (60661)

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

11,516

Total Population

32.9

Median Age

89%

College Educated

7,475

Households

60661 has a population of 11,516 residents in approximately 7,475 households. The median age of 32.9 years is younger than the national median of 39 years. With 89% of residents holding bachelor's degrees or higher, this is a highly educated community.

Chicago Diversity & Ethnicity (60661)

Racial and ethnic demographics in Chicago, IL

White(57.9%)
Asian(23.2%)
Two or More(8.9%)
Black(7%)
Other(3.1%)

Diversity Index

60

Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

10.5%

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

Racial Composition

White
57.9%
Asian
23.2%
Two or More
8.9%
Black
7%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 60, this is a diverse community.

Education Levels in Chicago (60661)

Educational attainment and college graduation rates in Chicago, IL

College Educated (Bachelor's+)

88.5%

National average: 34.8%

High School or Higher

99.2%

National average: 88.6%

Education Breakdown

Less than HS
0.8%
HS Graduate
0.8%
Some College
5.7%
Associate's Degree
4.2%
Bachelor's Degree
41.3%
Graduate+
47.2%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 88.5% holding a bachelor's degree or higher, this area exceeds the national average.

What is Chicago 60661 Like?

Neighborhood profile and quality of life in Chicago, IL

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

Located in Chicago, the 60661 area is best described as a affluent professional community.

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
  • Affordable path to homeownership
  • Reasonable rental costs for the area

Typical Resident Profile

A typical 60661 resident is a adult in their early 30s, homeowner in an accessible neighborhood, working in professional or executive career with advanced education.

Lifestyle

Career-focused with emphasis on quality amenities and good schools

Chicago 60661 FAQ

Frequently asked questions about Chicago, IL 60661

The median household income in 60661 (Chicago, IL) is $138,831, which is 72% higher than the national median of $80,610.

The median home value in 60661 is $397,700. A 20% down payment would be $79,540, with an estimated monthly mortgage of $2,227 at current rates.

The median monthly rent in 60661 is $2,403, totaling $28,836 annually. This represents 21% of the median household income.

60661 in Chicago, Illinois is a prosperous, upper-middle-class neighborhood with a median age of 32.9 years. With 89% college graduates, it's a highly educated community.

The unemployment rate in 60661 is 4.0%, lower than the national rate of 4.8%. This means 96.0% of the labor force is employed.

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