Braceville, IL · standard
ZIP Code 60407
Grundy County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,684
- 54/sq mi Moderate-density area
- $89,792
- Median income Above-median income area
- $191,000
- Median home value Near-median home value
- 9.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Braceville pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 27%
- household income, US ZIPs
- 41st pct
- home value, US ZIPs
- 54
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60407 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 60407 (Braceville, IL) rose +10.1% from 2023 to 2024. The all-transactions index moved from 167.2 in 2023 to 184.0 in 2024 (2000 = 100).
ZIP code 60407 covers 31.0 square miles in Braceville, Grundy County, Illinois (a standard USPS delivery area), with a modest 1,684 residents on file, a density of 54 people per square mile, in the Chicago time zone.
ZIP 60407 lands in the middle-income range, with a median household income of $89,792 (12% above the average Illinois ZIP), while per-capita income is $36,836. The poverty rate is 11.2%, with unemployment at 3.3%; those measures add context to the income figure. Median home value is $191,000 (0% below the average Illinois ZIP) and median rent is $1,510; 88.4% of occupied homes are owner-occupied.
Formal educational attainment runs low here: just 9.5% of adults hold a bachelor's degree or higher, the median age is 39.2, and the average commute is 35 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Grundy County, so 60407 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 60407
Top 5 sectors by establishment count in Braceville, IL
Which industries have the most business establishments in ZIP 60407.
- Construction
Construction
5 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
5 establishments
- Utilities
Utilities
4 establishments
- Wholesale trade
Wholesale trade
4 establishments
- Accommodation and food services
Accommodation and food services
3 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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
Who lives in ZIP 60407?
39.2
Median Age
61.3%
Male
38.7%
Female
0.4%
Foreign-Born
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 ZIP avg
$36,836
Per Capita Income
11.2%
Poverty Rate
3.3%
Unemployment Rate
34.5 min
Mean Commute Time
How ZIP 60407 ranks among Illinois ZIPs
Braceville, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$89,792 Top 29% higher than 71% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
682housing units
682
Total Housing Units
649
Occupied Units
33
Vacant Units
2.79
Avg Household Size
Occupancy Type
$191,000
Median Home Value
-0% vs state ZIP avg
$1,510
Median Rent
1990
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
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 60407 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 60481
Wilmington (60481)
11,851 residents
- 60416
Coal City (60416)
9,397 residents
- 60420
Dwight (60420)
6,102 residents
- 60408
Braidwood (60408)
5,696 residents
- 60424 2,440
Gardner (60424)
2,440 residents
- 60444 1,761
Mazon (60444)
1,761 residents
- 60407 1,684
Braceville (60407)
1,684 residents
- 60935 1,064
Essex (60935)
1,064 residents
- 60474 760
South Wilmington (60474)
760 residents
What this shows Among its immediate neighbors, ZIP 60407 ranks #7 by population - useful context the national average alone can't give.
ZIP 60407 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 60969
Union Hill (60969)
$112,500 median income
- 60935
Essex (60935)
$110,000 median income
- 60408
Braidwood (60408)
$95,174 median income
- 60407
Braceville (60407)
$89,792 median income
- 60444
Mazon (60444)
$87,614 median income
- 60474
South Wilmington (60474)
$85,500 median income
- 60424
Gardner (60424)
$83,250 median income
- 60481
Wilmington (60481)
$79,042 median income
- 60961
Reddick (60961)
$77,969 median income
What this shows By household income, ZIP 60407 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 60407, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (1,684 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Grundy County
Related Areas
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.
Related
Take this with you
What to do with ZIP 60407's numbers, next.
- See how ZIP 60407 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Braceville, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.