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

How 60661 Compares

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 60661

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 $138,831.

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What is the Average Income in 60661?

Household earnings and economic conditions

$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.

How Much Does it Cost to Live in 60661?

Real estate market and rental conditions in Chicago

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 60661

Population breakdown by age and gender

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.

Who Lives in 60661? Demographics & Population

Age, diversity, and population breakdown

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.

Diversity & Ethnicity in 60661

Racial and ethnic composition of the community

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 60661

Educational attainment of adults 25 and older

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 60661 Like? Neighborhood Profile

Community personality and lifestyle analysis

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

Frequently Asked Questions

Common questions about 60661 Chicago, IL

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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