Elwood, IL · standard

ZIP Code 60421

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

3,968
38/sq mi
$103,083
Median income
$272,100
Median home value
20.8%
Bachelor's or higher

The verdict

Elwood pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 17%
household income, US ZIPs
Top 38%
home value, US ZIPs
38
people per sq mi
88%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60421 against every reporting US ZIP.

ZIP code 60421 covers 105.5 square miles in Elwood, Will County, Illinois (a standard USPS delivery area), with a modest 3,968 residents on file, a density of 38 people per square mile, in the Chicago time zone.

ZIP 60421 lands in the middle-income range, with a median household income of $103,083 (29% above the Illinois average), while per-capita income is $51,747. Local economic indicators show a 5.1% poverty rate alongside 2.8% unemployment. Housing costs here run $272,100 for a typical home value (42% above the state average), with rent averaging $1,188 a month; 87.5% of homes are owner-occupied.

Educational attainment sits below the national norm: 20.8% of adults hold a bachelor's degree or higher, the median age is 47.3, and the average commute is 30 minutes. To put 60421 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Will County, for a geography-aware comparison.

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 60421

Top 5 sectors by establishment count in Elwood, IL

Which industries have the most business establishments in ZIP 60421.

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 60421, Elwood, 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

3,968

Population

105.5

Area (sq mi)

38

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 60421?

47.3

Median Age

48.5%

Male

51.5%

Female

7.2%

Foreign-Born

White 84.5%
African American 4.5%
Asian 0.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.8%
Hispanic or Latino 15.5%

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?

$103,083

Median Household Income

+29% vs state

$51,747

Per Capita Income

5.1%

Poverty Rate

2.8%

Unemployment Rate

30.4 min

Mean Commute Time

How ZIP 60421 ranks nationally

Elwood, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$103,083 Top 17% higher than 83% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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 58.5%
Bachelor's Degree or Higher 20.8%

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

What does housing look like?

1,595

Total Housing Units

1,492

Occupied Units

103

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 87.5%
Renter 12.5%

$272,100

Median Home Value

+42% vs state

$1,188

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

+0.2%

YoY Change (2024)

190

HPI Index (2000 = 100)

+90%

Total Change Since 2000

Home values in ZIP 60421 have increased 0.2% over the past year (2024). Since 2000, this ZIP has seen +90% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.7% 133
2021 +10.0% 146
2022 +9.9% 160
2023 +18.3% 190
2024 +0.2% 190

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 91 business establishments in ZIP 60421, employing approximately 4,078 people with a combined annual payroll of $222,282,000.

91

Businesses

4,078

Employees

$222.3M

Annual Payroll

8

Industry Sectors

Industry Establishments % of Total
Transportation and warehousing 36 39.6%
Construction 13 14.3%
Retail trade 9 9.9%
Accommodation and food services 8 8.8%
Real estate and rental and leasing 5 5.5%
Administrative and support and waste management and remediation services 5 5.5%
Manufacturing 3 3.3%
Wholesale trade 3 3.3%

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 60421 vs 60436 →

ZIP 60421 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 60421 ranks #0 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 60421 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 60421 ranks #5 of 9 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
60436 Joliet, IL 18,315 4.4 mi
60410 Channahon, IL 12,687 5.9 mi
60433 Joliet, IL 17,160 5.6 mi
60435 Joliet, IL 48,899 8.0 mi
60403 Crest Hill, IL 17,529 9.8 mi
60432 Joliet, IL 21,403 8.1 mi
60481 Wilmington, IL 11,851 10.2 mi
60442 Manhattan, IL 9,924 7.5 mi
60404 Shorewood, IL 17,395 8.3 mi
60431 Joliet, IL 22,577 8.9 mi

More ZIP Codes in Will County

Frequently Asked Questions

What county is ZIP code 60421 in?
ZIP code 60421 (Elwood) 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 60421?
ZIP code 60421 in Elwood, IL has a population of 3,968 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60421?
The median household income in ZIP 60421 is $103,083, which is 35% above the national average of $76,288.
What is the average home value in ZIP 60421?
The median home value in ZIP 60421 is $272,100, which is 2% below the national average of $278,155.
What is the demographic makeup of ZIP 60421?
The largest racial group in ZIP 60421 is White at 84.5%. Hispanic or Latino residents make up 15.5% of the population.
How many businesses are in ZIP code 60421?
ZIP code 60421 has 91 business establishments employing approximately 4,078 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60421?
The top industries by establishment count in ZIP 60421 are: Transportation and warehousing (36), Construction (13), Retail trade (9). There are 8 industry sectors represented in total.
How have home values changed in ZIP code 60421?
According to the FHFA House Price Index, home values in ZIP 60421 increased by 0.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 90%. 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 60421?
In ZIP code 60421, 58.5% of residents aged 25+ have a high school diploma or higher, and 20.8% 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 60421?
The mean commute time for workers in ZIP code 60421 is 30.4 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 60421?
In ZIP code 60421, approximately 87.5% of occupied housing units are owner-occupied and 12.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60421?
The poverty rate in ZIP code 60421 is 5.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.