ZIP Code 60461

standard

Source:

Olympia Fields · Cook County · Illinois

Population
4,836

672/sq mi

Median income
$124,417

▲ 63% vs US

higher than 92% of US ZIPs

Median home value
$328,000

▲ 18% vs US

higher than 71% of US ZIPs

Bachelor's or higher
50.8%

Median age 47

Land area
7.2 sq mi

Chicago

ZIP code 60461 in Olympia Fields, Illinois has a population of 4,836. The median household income is $124,417, which is 63% above the national average. Median home value is $328,000, 18% above the US average. 50.8% of residents hold a bachelor's degree or higher.

ZIP code 60461 is classified by USPS as a standard delivery area and covers roughly 7.2 square miles in Olympia Fields, Cook County, Illinois. The area is home to 4,836 residents, producing a population density of 672 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 60461 against Illinois and the nation.

On the economic side, the median household income for ZIP 60461 sits at $124,417 (55% above the Illinois average), while per-capita income is $56,835. The poverty rate stands at 13.6% and the unemployment rate at 5.8%. On housing, the median home value is $328,000 (71% above the state average) with median rent at $3,501 per month, and 88.9% of occupied units are owner-occupied, a direct signal of whether 60461 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 50.8% of adults hold a bachelor's degree or higher, the median age is 47, and the average commute is 43 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cook County, so you can benchmark 60461 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 60461

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60461.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 60461, Olympia Fields, 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

4,836

Population

7.2

Area (sq mi)

672

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 60461?

47.0

Median Age

43.4%

Male

56.6%

Female

3.8%

Foreign-Born

White 17.0%
African American 75.8%
Asian 1.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.3%
Hispanic or Latino 0.8%

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?

$124,417

Median Household Income

+55% vs state

$56,835

Per Capita Income

13.6%

Poverty Rate

5.8%

Unemployment Rate

42.5 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 64.0%
Bachelor's Degree or Higher 50.8%

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

What does housing look like?

2,194

Total Housing Units

1,964

Occupied Units

230

Vacant Units

2.38

Avg Household Size

Occupancy Type

Owner 88.9%
Renter 11.1%

$328,000

Median Home Value

+71% vs state

$3,501

Median Rent

1980

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

-6.6%

YoY Change (2024)

143

HPI Index (2000 = 100)

+43%

Total Change Since 2000

Home values in ZIP 60461 have decreased 6.6% over the past year (2024). Since 2000, this ZIP has seen +43% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.5% 111
2021 +10.5% 123
2022 +15.3% 142
2023 +8.4% 154
2024 -6.6% 143

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 166 business establishments in ZIP 60461, employing approximately 3,726 people with a combined annual payroll of $212,965,000.

166

Businesses

3,726

Employees

$213.0M

Annual Payroll

11

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 63 38.0%
Professional, scientific, and technical services 19 11.4%
Retail trade 16 9.6%
Administrative and support and waste management and remediation services 13 7.8%
Finance and insurance 11 6.6%
Accommodation and food services 8 4.8%
Other services (except public administration) 8 4.8%
Real estate and rental and leasing 7 4.2%
Arts, entertainment, and recreation 6 3.6%
Construction 5 3.0%
Transportation and warehousing 5 3.0%

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 60461 vs 60422 →

ZIP Code City Population Distance
60422 Flossmoor, IL 9,403 1.4 mi
60466 Park Forest, IL 22,115 2.6 mi
60429 Hazel Crest, IL 15,630 4.0 mi
60430 Homewood, IL 20,094 3.1 mi
60443 Matteson, IL 21,145 3.0 mi
60471 Richton Park, IL 14,101 3.4 mi
60478 Country Club Hills, IL 16,833 3.7 mi
60428 Markham, IL 12,203 5.7 mi
60484 University Park, IL 6,829 5.2 mi
60475 Steger, IL 9,870 4.5 mi

More ZIP Codes in Cook County

Frequently Asked Questions

What county is ZIP code 60461 in?
ZIP code 60461 (Olympia Fields) is located in Cook County, Illinois. Cook County contains multiple ZIP codes, see the full list at /counties/cook-il.
What is the population of ZIP code 60461?
ZIP code 60461 in Olympia Fields, IL has a population of 4,836 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60461?
The median household income in ZIP 60461 is $124,417, which is 63% above the national average of $76,288.
What is the average home value in ZIP 60461?
The median home value in ZIP 60461 is $328,000, which is 18% above the national average of $278,155.
What is the demographic makeup of ZIP 60461?
The largest racial group in ZIP 60461 is African American at 75.8%. Hispanic or Latino residents make up 0.8% of the population.
How many businesses are in ZIP code 60461?
ZIP code 60461 has 166 business establishments employing approximately 3,726 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60461?
The top industries by establishment count in ZIP 60461 are: Health care and social assistance (63), Professional, scientific, and technical services (19), Retail trade (16). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 60461?
According to the FHFA House Price Index, home values in ZIP 60461 decreased by 6.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 43%. 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 60461?
In ZIP code 60461, 64.0% of residents aged 25+ have a high school diploma or higher, and 50.8% 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 60461?
The mean commute time for workers in ZIP code 60461 is 42.5 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 60461?
In ZIP code 60461, approximately 88.9% of occupied housing units are owner-occupied and 11.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60461?
The poverty rate in ZIP code 60461 is 13.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Olympia Fields, 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.