ZIP Code 60431
standardSource:
Joliet · Will County · Illinois
- Population
- 22,577
- Median income
- $122,870
- Median home value
- $294,300
- Bachelor's or higher
- 32.9%
- Land area
- 35.2 sq mi
641/sq mi
▲ 61% vs US
higher than 91% of US ZIPs
▲ 6% vs US
higher than 66% of US ZIPs
Median age 35.2
Chicago
ZIP code 60431 in Joliet, Illinois has a population of 22,577. The median household income is $122,870, which is 61% above the national average. Median home value is $294,300, 6% above the US average. 32.9% of residents hold a bachelor's degree or higher.
ZIP code 60431 is classified by USPS as a standard delivery area and covers roughly 35.2 square miles in Joliet, Will County, Illinois. The area is home to 22,577 residents, producing a population density of 641 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 60431 against Illinois and the nation.
On the economic side, the median household income for ZIP 60431 sits at $122,870 (53% above the Illinois average), while per-capita income is $45,045. The poverty rate stands at 5.1% and the unemployment rate at 2.6%. On housing, the median home value is $294,300 (53% above the state average) with median rent at $1,410 per month, and 93.1% of occupied units are owner-occupied, a direct signal of whether 60431 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 32.9% of adults hold a bachelor's degree or higher, the median age is 35.2, and the average commute is 31 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Will County, so you can benchmark 60431 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 60431
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 60431.
- Retail trade
Retail trade
76 establishments
- Transportation and warehousing
Transportation and warehousing
62 establishments
- Construction
Construction
54 establishments
- Accommodation and food services
Accommodation and food services
50 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
46 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 60431, Joliet, 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
22,577
Population
35.2
Area (sq mi)
641
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 60431?
35.2
Median Age
47.8%
Male
52.2%
Female
9.3%
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?
$122,870
Median Household Income
+53% vs state
$45,045
Per Capita Income
5.1%
Poverty Rate
2.6%
Unemployment Rate
31.1 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?
9,272
Total Housing Units
8,880
Occupied Units
392
Vacant Units
3.04
Avg Household Size
Occupancy Type
$294,300
Median Home Value
+53% vs state
$1,410
Median Rent
2000
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
+10.2%
YoY Change (2024)
204
HPI Index (2000 = 100)
+104%
Total Change Since 2000
Home values in ZIP 60431 have increased 10.2% over the past year (2024). Since 2000, this ZIP has seen +104% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.9% | 139 |
| 2021 | +13.5% | 157 |
| 2022 | +12.7% | 177 |
| 2023 | +4.3% | 185 |
| 2024 | +10.2% | 204 |
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 483 business establishments in ZIP 60431, employing approximately 7,761 people with a combined annual payroll of $384,128,000.
483
Businesses
7,761
Employees
$384.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 76 | 15.7% |
| Transportation and warehousing | 62 | 12.8% |
| Construction | 54 | 11.2% |
| Accommodation and food services | 50 | 10.3% |
| Professional, scientific, and technical services | 46 | 9.5% |
| Health care and social assistance | 46 | 9.5% |
| Other services (except public administration) | 35 | 7.3% |
| Administrative and support and waste management and remediation services | 26 | 5.4% |
| Finance and insurance | 22 | 4.5% |
| Real estate and rental and leasing | 20 | 4.1% |
| Wholesale trade | 18 | 3.7% |
| Manufacturing | 9 | 1.9% |
| Arts, entertainment, and recreation | 7 | 1.4% |
| Educational services | 6 | 1.2% |
| Information | 5 | 1.0% |
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 60431 vs 60404 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 60404 | Shorewood, IL | 17,395 | 1.9 mi |
| 60586 | Plainfield, IL | 46,251 | 3.0 mi |
| 60435 | Joliet, IL | 48,899 | 4.0 mi |
| 60544 | Plainfield, IL | 25,959 | 5.6 mi |
| 60410 | Channahon, IL | 12,687 | 7.7 mi |
| 60436 | Joliet, IL | 18,315 | 5.1 mi |
| 60403 | Crest Hill, IL | 17,529 | 5.5 mi |
| 60585 | Plainfield, IL | 22,311 | 8.8 mi |
| 60447 | Minooka, IL | 13,709 | 6.9 mi |
| 60446 | Romeoville, IL | 39,807 | 8.6 mi |
More ZIP Codes in Will County
Related Areas
Frequently Asked Questions
What county is ZIP code 60431 in? ▼
What is the population of ZIP code 60431? ▼
What is the median household income in ZIP 60431? ▼
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What is the demographic makeup of ZIP 60431? ▼
How many businesses are in ZIP code 60431? ▼
What are the main industries in ZIP code 60431? ▼
How have home values changed in ZIP code 60431? ▼
What is the education level in ZIP code 60431? ▼
What is the average commute time in ZIP 60431? ▼
What percentage of residents own vs. rent in ZIP 60431? ▼
What is the poverty rate in ZIP code 60431? ▼
ZIP Code Research Guides
Official Data Resources for Joliet, 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.