Braidwood, IL · standard

ZIP Code 60408

Will County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

5,696
294/sq mi High-density area
$95,174
Median income Above-median income area
$216,200
Median home value Near-median home value
16.8%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Braidwood pairs an upper-quartile household income with below-median home values, in a low-density, homeowner-dominated area.

Top 22%
household income, US ZIPs
48th pct
home value, US ZIPs
294
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60408 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 60408 (Braidwood, IL) rose +13.1% from 2023 to 2024. The all-transactions index moved from 173.2 in 2023 to 195.9 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 60408 is a mid-sized community (a standard USPS delivery area) in Braidwood, Will County, Illinois, home to 5,696 residents across 19.3 square miles, a density of 294 people per square mile, in the Chicago time zone.

ZIP 60408 lands in the middle-income range, with a median household income of $95,174 (19% above the average Illinois ZIP), while per-capita income is $39,438. Both reported hardship measures are comparatively low in absolute terms: poverty is 5.9% and unemployment is 2.8%. Median home value is $216,200 (13% above the average Illinois ZIP) and median rent is $1,051; 85.9% of occupied homes are owner-occupied.

Educational attainment sits below the national norm: 16.8% of adults hold a bachelor's degree or higher, the median age is 44.1, and the average commute is 29 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Will County, so 60408 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 →

View your shortlist → Compare ZIPs →

Top industries in ZIP 60408

Top 5 sectors by establishment count in Braidwood, IL

Which industries have the most business establishments in ZIP 60408.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 60408, Braidwood, 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

5,696

Population

19.3

Area (sq mi)

294

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 60408?

44.1

Median Age

49.4%

Male

50.6%

Female

2.0%

Foreign-Born

White 89.2%
African American 3.6%
Asian 0.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 6.4%
Hispanic or Latino 8.1%

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?

$95,174

Median Household Income

+19% vs state ZIP avg

$39,438

Per Capita Income

5.9%

Poverty Rate

2.8%

Unemployment Rate

29.2 min

Mean Commute Time

How ZIP 60408 ranks among Illinois ZIPs

Braidwood, 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)

$95,174 Top 23% higher than 77% of 1,334 Illinois ZIPs

This ZIP $0 $200K+ every Illinois ZIP, bucketed by value

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?

High School Graduate or Higher 49.7%
Bachelor's Degree or Higher 16.8%

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

What does housing look like?

2,229

Total Housing Units

2,128

Occupied Units

101

Vacant Units

2.49

Avg Household Size

Occupancy Type

Owner 85.9%
Renter 14.1%

$216,200

Median Home Value

+13% vs state ZIP avg

$1,051

Median Rent

1992

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

+13.1%

YoY Change (2024)

196

HPI Index (2000 = 100)

+96%

Total Change Since 2000

Home values in ZIP 60408 have increased 13.1% over the past year (2024). Since 2000, this ZIP has seen +96% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.4% 130
2021 +11.1% 144
2022 +9.1% 158
2023 +9.9% 173
2024 +13.1% 196

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 70 business establishments in ZIP 60408, employing approximately 547 people with a combined annual payroll of $17,216,000.

70

Businesses

547

Employees

$17.2M

Annual Payroll

10

Industry Sectors

Industry Establishments % of Total
Retail trade 15 21.4%
Health care and social assistance 11 15.7%
Accommodation and food services 8 11.4%
Other services (except public administration) 8 11.4%
Construction 7 10.0%
Transportation and warehousing 5 7.1%
Administrative and support and waste management and remediation services 5 7.1%
Professional, scientific, and technical services 4 5.7%
Wholesale trade 3 4.3%
Arts, entertainment, and recreation 3 4.3%

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 60408 vs 60407 →

ZIP 60408 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 60408 ranks #3 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 60408 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 60408 ranks #2 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
60407 Braceville, IL 1,684 3.6 mi
60416 Coal City, IL 9,397 3.9 mi
60481 Wilmington, IL 11,851 5.1 mi
60474 South Wilmington, IL 760 6.0 mi
60935 Essex, IL 1,064 6.6 mi
60424 Gardner, IL 2,440 8.8 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 60408, 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 (5,696 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Will County

Frequently Asked Questions

What county is ZIP code 60408 in?

ZIP code 60408 (Braidwood) is located in Will County, Illinois. Will County contains multiple ZIP codes, see the full list at /counties/will-il.

What is the population of ZIP code 60408?

ZIP code 60408 in Braidwood, IL has a population of 5,696 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 60408?

The median household income in ZIP 60408 is $95,174, which is 25% above the national average of $76,288.

What is the average home value in ZIP 60408?

The median home value in ZIP 60408 is $216,200, which is 22% below the national average of $278,155.

What is the demographic makeup of ZIP 60408?

The largest racial group in ZIP 60408 is White at 89.2%. Hispanic or Latino residents make up 8.1% of the population.

How many businesses are in ZIP code 60408?

ZIP code 60408 has 70 business establishments employing approximately 547 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 60408?

The top industries by establishment count in ZIP 60408 are: Retail trade (15), Health care and social assistance (11), Accommodation and food services (8). There are 10 industry sectors represented in total.

How have home values changed in ZIP code 60408?

According to the FHFA House Price Index, home values in ZIP 60408 increased by 13.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 96%. 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 60408?

In ZIP code 60408, 49.7% of residents aged 25+ have a high school diploma or higher, and 16.8% 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 60408?

The mean commute time for workers in ZIP code 60408 is 29.2 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 60408?

In ZIP code 60408, approximately 85.9% of occupied housing units are owner-occupied and 14.1% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 60408?

The poverty rate in ZIP code 60408 is 5.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 60408's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 60408's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.