ZIP Code 60463

standard

Source:

Palos Heights · Cook County · Illinois

Population
14,671

1,053/sq mi

Median income
$107,977

▲ 42% vs US

higher than 86% of US ZIPs

Median home value
$362,600

▲ 30% vs US

higher than 75% of US ZIPs

Bachelor's or higher
42.2%

Median age 49.9

Land area
13.9 sq mi

Chicago

ZIP code 60463 in Palos Heights, Illinois has a population of 14,671. The median household income is $107,977, which is 42% above the national average. Median home value is $362,600, 30% above the US average. 42.2% of residents hold a bachelor's degree or higher.

ZIP code 60463 is classified by USPS as a standard delivery area and covers roughly 13.9 square miles in Palos Heights, Cook County, Illinois. The area is home to 14,671 residents, producing a population density of 1,053 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 60463 against Illinois and the nation.

On the economic side, the median household income for ZIP 60463 sits at $107,977 (35% above the Illinois average), while per-capita income is $57,285. The poverty rate stands at 5.4% and the unemployment rate at 3.5%. On housing, the median home value is $362,600 (89% above the state average) with median rent at $2,559 per month, and 92.7% of occupied units are owner-occupied, a direct signal of whether 60463 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 42.2% of adults hold a bachelor's degree or higher, the median age is 49.9, and the average commute is 30 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cook County, so you can benchmark 60463 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 60463

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60463.

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 60463, Palos Heights, 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

14,671

Population

13.9

Area (sq mi)

1,053

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 60463?

49.9

Median Age

50.3%

Male

49.7%

Female

9.5%

Foreign-Born

White 87.4%
African American 1.9%
Asian 0.4%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 7.1%
Hispanic or Latino 9.3%

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?

$107,977

Median Household Income

+35% vs state

$57,285

Per Capita Income

5.4%

Poverty Rate

3.5%

Unemployment Rate

30.1 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 66.0%
Bachelor's Degree or Higher 42.2%

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

What does housing look like?

5,810

Total Housing Units

5,538

Occupied Units

272

Vacant Units

2.39

Avg Household Size

Occupancy Type

Owner 92.7%
Renter 7.3%

$362,600

Median Home Value

+89% vs state

$2,559

Median Rent

1974

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

+1.9%

YoY Change (2024)

169

HPI Index (2000 = 100)

+69%

Total Change Since 2000

Home values in ZIP 60463 have increased 1.9% over the past year (2024). Since 2000, this ZIP has seen +69% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.6% 130
2021 +6.4% 138
2022 +12.0% 155
2023 +7.5% 166
2024 +1.9% 169

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 582 business establishments in ZIP 60463, employing approximately 6,296 people with a combined annual payroll of $347,761,000.

582

Businesses

6,296

Employees

$347.8M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 158 27.1%
Professional, scientific, and technical services 92 15.8%
Construction 48 8.3%
Finance and insurance 47 8.1%
Accommodation and food services 45 7.7%
Other services (except public administration) 44 7.6%
Retail trade 37 6.4%
Administrative and support and waste management and remediation services 23 4.0%
Transportation and warehousing 21 3.6%
Real estate and rental and leasing 15 2.6%
Wholesale trade 14 2.4%
Educational services 12 2.1%
Arts, entertainment, and recreation 11 1.9%
Manufacturing 8 1.4%
Information 6 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 60463 vs 60482 →

ZIP Code City Population Distance
60482 Worth, IL 11,063 1.8 mi
60415 Chicago Ridge, IL 14,139 3.0 mi
60803 Alsip, IL 22,285 2.9 mi
60464 Palos Park, IL 9,620 3.7 mi
60465 Palos Hills, IL 17,495 3.3 mi
60462 Orland Park, IL 38,723 3.3 mi
60445 Midlothian, IL 26,057 3.3 mi
60452 Oak Forest, IL 27,969 4.1 mi
60477 Tinley Park, IL 38,161 6.1 mi
60453 Oak Lawn, IL 56,855 4.2 mi

More ZIP Codes in Cook County

Frequently Asked Questions

What county is ZIP code 60463 in?
ZIP code 60463 (Palos Heights) 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 60463?
ZIP code 60463 in Palos Heights, IL has a population of 14,671 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60463?
The median household income in ZIP 60463 is $107,977, which is 42% above the national average of $76,288.
What is the average home value in ZIP 60463?
The median home value in ZIP 60463 is $362,600, which is 30% above the national average of $278,155.
What is the demographic makeup of ZIP 60463?
The largest racial group in ZIP 60463 is White at 87.4%. Hispanic or Latino residents make up 9.3% of the population.
How many businesses are in ZIP code 60463?
ZIP code 60463 has 582 business establishments employing approximately 6,296 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60463?
The top industries by establishment count in ZIP 60463 are: Health care and social assistance (158), Professional, scientific, and technical services (92), Construction (48). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 60463?
According to the FHFA House Price Index, home values in ZIP 60463 increased by 1.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 69%. 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 60463?
In ZIP code 60463, 66.0% of residents aged 25+ have a high school diploma or higher, and 42.2% 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 60463?
The mean commute time for workers in ZIP code 60463 is 30.1 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 60463?
In ZIP code 60463, approximately 92.7% of occupied housing units are owner-occupied and 7.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60463?
The poverty rate in ZIP code 60463 is 5.4% 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 Palos Heights, 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.