ZIP Code 60407

standard

Source:

Braceville · Grundy County · Illinois

Population
1,684

54/sq mi

Median income
$89,792

▲ 18% vs US

higher than 73% of US ZIPs

Median home value
$191,000

▼ 31% vs US

higher than 41% of US ZIPs

Bachelor's or higher
9.5%

Median age 39.2

Land area
31.0 sq mi

Chicago

ZIP code 60407 in Braceville, Illinois has a population of 1,684. The median household income is $89,792, which is 18% above the national average. Median home value is $191,000, 31% below the US average. 9.5% of residents hold a bachelor's degree or higher.

ZIP code 60407 is classified by USPS as a standard delivery area and covers roughly 31.0 square miles in Braceville, Grundy County, Illinois. The area is home to 1,684 residents, producing a population density of 54 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 60407 against Illinois and the nation.

On the economic side, the median household income for ZIP 60407 sits at $89,792 (12% above the Illinois average), while per-capita income is $36,836. The poverty rate stands at 11.2% and the unemployment rate at 3.3%. On housing, the median home value is $191,000 (0% below the state average) with median rent at $1,510 per month, and 88.4% of occupied units are owner-occupied, a direct signal of whether 60407 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 9.5% of adults hold a bachelor's degree or higher, the median age is 39.2, and the average commute is 35 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Grundy County, so you can benchmark 60407 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 60407

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60407.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 60407, Braceville, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

1,684

Population

31.0

Area (sq mi)

54

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 60407?

39.2

Median Age

61.3%

Male

38.7%

Female

0.4%

Foreign-Born

White 97.5%
African American 0.0%
Asian 0.2%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.4%
Hispanic or Latino 10.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$89,792

Median Household Income

+12% vs state

$36,836

Per Capita Income

11.2%

Poverty Rate

3.3%

Unemployment Rate

34.5 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 55.0%
Bachelor's Degree or Higher 9.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

682

Total Housing Units

649

Occupied Units

33

Vacant Units

2.79

Avg Household Size

Occupancy Type

Owner 88.4%
Renter 11.6%

$191,000

Median Home Value

-0% vs state

$1,510

Median Rent

1990

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.1%

YoY Change (2024)

184

HPI Index (2000 = 100)

+84%

Total Change Since 2000

Home values in ZIP 60407 have increased 10.1% over the past year (2024). Since 2000, this ZIP has seen +84% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.7% 137
2021 +11.6% 152
2022 +6.0% 162
2023 +3.5% 167
2024 +10.1% 184

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 26 business establishments in ZIP 60407, employing approximately 980 people with a combined annual payroll of $119,943,000.

26

Businesses

980

Employees

$119.9M

Annual Payroll

5

Industry Sectors

Industry Establishments % of Total
Construction 5 19.2%
Professional, scientific, and technical services 5 19.2%
Utilities 4 15.4%
Wholesale trade 4 15.4%
Accommodation and food services 3 11.5%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 60407 vs 60474 →

ZIP Code City Population Distance
60474 South Wilmington, IL 760 3.1 mi
60416 Coal City, IL 9,397 4.4 mi
60408 Braidwood, IL 5,696 3.6 mi
60424 Gardner, IL 2,440 5.3 mi
60444 Mazon, IL 1,761 7.0 mi
60935 Essex, IL 1,064 6.3 mi
60961 Reddick, IL 700 8.8 mi
60481 Wilmington, IL 11,851 8.4 mi
60969 Union Hill, IL 65 10.3 mi
60420 Dwight, IL 6,102 12.5 mi

More ZIP Codes in Grundy County

Frequently Asked Questions

What county is ZIP code 60407 in?
ZIP code 60407 (Braceville) is located in Grundy County, Illinois. Grundy County contains multiple ZIP codes, see the full list at /counties/grundy-il.
What is the population of ZIP code 60407?
ZIP code 60407 in Braceville, IL has a population of 1,684 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60407?
The median household income in ZIP 60407 is $89,792, which is 18% above the national average of $76,288.
What is the average home value in ZIP 60407?
The median home value in ZIP 60407 is $191,000, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 60407?
The largest racial group in ZIP 60407 is White at 97.5%. Hispanic or Latino residents make up 10.2% of the population.
How many businesses are in ZIP code 60407?
ZIP code 60407 has 26 business establishments employing approximately 980 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60407?
The top industries by establishment count in ZIP 60407 are: Construction (5), Professional, scientific, and technical services (5), Utilities (4). There are 5 industry sectors represented in total.
How have home values changed in ZIP code 60407?
According to the FHFA House Price Index, home values in ZIP 60407 increased by 10.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 84%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 60407?
In ZIP code 60407, 55.0% of residents aged 25+ have a high school diploma or higher, and 9.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 60407?
The mean commute time for workers in ZIP code 60407 is 34.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 60407?
In ZIP code 60407, approximately 88.4% of occupied housing units are owner-occupied and 11.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60407?
The poverty rate in ZIP code 60407 is 11.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Braceville, IL

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.