60940 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 60940 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIllinois
CityGrant Park
Time ZoneAmerica/Chicago
Geo Location41.2506, -87.64282
Population3098
Size195.679 square miles
Median Family Income$94514.00
Median Home Value$227300.00

Population & Demographics

The following information lists the population statistics and breakdown for the 60940 zip code. The total population is 3098, of which, 1591 are male and 1507 are female. With a total area of 195.679 square miles, the population density is 16.2 people per square mile. The median age of the population is 38.4 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
20113523
20123457
20133524
20143636
20153605
20163536
20173619
20183433
20193170
20203062
20213098

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 2297.4%
Age 5-92698.7%
Age 10-142839.1%
Age 15-192106.8%
Age 20-241223.9
Age 25-29832.7%
Age 30-342397.7%
Age 35-391966.3%
Age 40-44159 5.1%
Age 45-492076.7%
Age 50-541715.5%
Age 55-592156.9%
Age 60-642197.1%
Age 65-691414.6%
Age 70-741745.6%
Age 75-791063.4%
Age 80-84521.7%
Age 85 and over230.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 2.8 %
  • Speaks Spanish: 1.7 %
  • Speaks Other Indo-European Language: 0.8 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0.3 %
Marital Status: 
  • Currently Married: 60.2 %
  • Divorced: 10.3 %
  • Separated (not divorced): 0.8 %
  • Never Married: 24.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 60940 zip code is $94514. This is 18.55% greater than the national average. This income places 7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $37066. 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 $10,000.0010
$10,000.00 – $14,999.0012
$15,000.00 – $24,999.0026
$25,000.00 – $34,999.0025
$35,000.00 – $49,999.0033
$50,000.00 – $74,999.00205
$75,000.00 – $99,999.00105
$100,000.00 – $149,999.00239
$150,000.00 – $199,999,0075
$200,000.00 +69

YearMedian Family Income ($ USD)
201178022
201279805
201381504
201482277
201582866
201679435
201785333
201882451
201989519
202091346
202194514

Income Source# of Households
Wage or Salary809
Self Employment102
Social Security382
Dividends, Interest, or Rental214
Retirement290
Other100

Total Insured & Uninsured Individuals: 
  • Families Insure: 2990
  • Families Uninsured: 108
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 290
  • No retirement income: 810

Education

In the 60940 zip code, 94.8% of individuals over 25 years old have a high school degree or higher, and 18.5% have a bachelors degree or higher. Additionally, 16% of individuals 3 years and older are in private school, and 84% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 60940 zip, there are an estimated 1455 people in the labor force, of which, 1348 are employed, and 107 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 30.5 minutes. Of the total people that work, 67 worked from home and 1329 commuted. The average number of hours worked is 40.1. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts380
Services205
Sales and Office218
Construction and Maintenance:159
Transportation and Material Moving386





Housing

The median home value for the 60940 zip code is 227300. There is an estimated  1100 number of occupied housing units, the median gross rent in is $982 per month, and the average monthly housing costs are estimated to be $1275. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00014
$50,000 – $99,00037
$100,000 – $149,999157
$150,000 – $199,999196
$200,000 – $299,999288
$300,000 – $499,999192
$500,000 – $999,99943
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20190
2000 – 2009167
1980 – 1999299
1960 – 1979308
1940 – 1959114
1939 or earlier212

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5002
$500 – $99985
$1,000 – $1,49933
$1,500 – $1,99934
$2,000 – $2,4990
$2,499 – $2,9995
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30022
300-49938
500-799191
800-999129
1000-1499281
1500-1999221
2000-249979
2500-299990
3000+35

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%196
20%-24.9%119
25%-29.9%90
30%-34.9%49
35+%117



# of VehiclesHouseholds
None61
1251
2365
3+423
Home Heating Characteristics: 
  • Utility Gas: 46.1 %
  • Bottle Tank or LP Gas: 29.2 %
  • Electricity: 15.5 %
  • Oil or Kerosene etc: 3.9 %
  • Coal or Coke: 0 %
  • All Other: 4.6 %

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