60423 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 60423 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIllinois
CityFrankfort
Time ZoneAmerica/Chicago
Geo Location41.47957, -87.83793
Population32480
Size94.433 square miles
Median Family Income$134893.00
Median Home Value$322100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 60423 zip code. The total population is 32480, of which, 15981 are male and 16499 are female. With a total area of 94.433 square miles, the population density is 332.7 people per square mile. The median age of the population is 42.6 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201130182
201230264
201330261
201430269
201530688
201630907
201731049
201830938
201931418
202031328
202132480

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13574.2%
Age 5-924637.6%
Age 10-1427818.6%
Age 15-1925537.9%
Age 20-2416685.1
Age 25-2910993.4%
Age 30-3414544.5%
Age 35-3916825.2%
Age 40-441982 6.1%
Age 45-4927768.5%
Age 50-5427858.6%
Age 55-5924787.6%
Age 60-6422576.9%
Age 65-6921716.7%
Age 70-7414754.5%
Age 75-797662.4%
Age 80-844591.4%
Age 85 and over2740.8%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 7.6 %
  • Speaks Spanish: 3.3 %
  • Speaks Other Indo-European Language: 2.6 %
  • Speaks Pacific Island Languages: 0.7 %
  • Speak Other Languages: 1 %
Marital Status: 
  • Currently Married: 63.9 %
  • Divorced: 6.6 %
  • Separated (not divorced): 0.5 %
  • Never Married: 25.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 60423 zip code is $134893. This is 87.80% greater than the national average. This income places 3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $40141. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0075
$10,000.00 – $14,999.0030
$15,000.00 – $24,999.00105
$25,000.00 – $34,999.00183
$35,000.00 – $49,999.00275
$50,000.00 – $74,999.001160
$75,000.00 – $99,999.001089
$100,000.00 – $149,999.002558
$150,000.00 – $199,999,001770
$200,000.00 +2008

YearMedian Family Income ($ USD)
2011104799
2012106484
2013107950
2014108137
2015108825
2016111308
2017113592
2018121805
2019127189
2020133291
2021134893

Income Source# of Households
Wage or Salary9009
Self Employment1222
Social Security3283
Dividends, Interest, or Rental2443
Retirement2662
Other1030

Total Insured & Uninsured Individuals: 
  • Families Insure: 31193
  • Families Uninsured: 1174
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2662
  • No retirement income: 8242

Education

In the 60423 zip code, 97.2% of individuals over 25 years old have a high school degree or higher, and 45.6% have a bachelors degree or higher. Additionally, 14.6% of individuals 3 years and older are in private school, and 85.4% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 60423 zip, there are an estimated 17999 people in the labor force, of which, 16978 are employed, and 1021 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 34.4 minutes. Of the total people that work, 1817 worked from home and 16640 commuted. The average number of hours worked is 38.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts8017
Services1933
Sales and Office3771
Construction and Maintenance:1427
Transportation and Material Moving1830





Housing

The median home value for the 60423 zip code is 322100. There is an estimated  10904 number of occupied housing units, the median gross rent in is $1275 per month, and the average monthly housing costs are estimated to be $1911. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000167
$50,000 – $99,000262
$100,000 – $149,999380
$150,000 – $199,999778
$200,000 – $299,9992916
$300,000 – $499,9994171
$500,000 – $999,9991364
$1,000,000+58

Home Year BuiltNumber of Homes
2020 or Later14
2010 – 2019675
2000 – 20092909
1980 – 19993658
1960 – 19792808
1940 – 1959478
1939 or earlier362

The median number of rooms in all housing units is 7.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50026
$500 – $999114
$1,000 – $1,499259
$1,500 – $1,99967
$2,000 – $2,49976
$2,499 – $2,99962
$3,000 + 16

Monthly Housing Costs ($)Number of Households
Less than 300223
300-499153
500-799777
800-999866
1000-14991841
1500-19991809
2000-24991770
2500-29991113
3000+2164

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3381
20%-24.9%1065
25%-29.9%719
30%-34.9%543
35+%1183



# of VehiclesHouseholds
None160
12023
25471
3+3250
Home Heating Characteristics: 
  • Utility Gas: 92.2 %
  • Bottle Tank or LP Gas: 1.4 %
  • Electricity: 6.1 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.2 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.