ZIP Code 60407
standardSource:
Braceville · Grundy County · Illinois
- Population
- 1,684
- Median income
- $89,792
- Median home value
- $191,000
- Bachelor's or higher
- 9.5%
- Land area
- 31.0 sq mi
54/sq mi
▲ 18% vs US
higher than 73% of US ZIPs
▼ 31% vs US
higher than 41% of US ZIPs
Median age 39.2
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.
- 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 + 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
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
$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?
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
$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)
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 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
Related Areas
Frequently Asked Questions
What county is ZIP code 60407 in? ▼
What is the population of ZIP code 60407? ▼
What is the median household income in ZIP 60407? ▼
What is the average home value in ZIP 60407? ▼
What is the demographic makeup of ZIP 60407? ▼
How many businesses are in ZIP code 60407? ▼
What are the main industries in ZIP code 60407? ▼
How have home values changed in ZIP code 60407? ▼
What is the education level in ZIP code 60407? ▼
What is the average commute time in ZIP 60407? ▼
What percentage of residents own vs. rent in ZIP 60407? ▼
What is the poverty rate in ZIP code 60407? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.