ZIP Code 60501

standard

Source:

Summit Argo · Cook County · Illinois

Population
11,626

928/sq mi

Median income
$63,244

▼ 17% vs US

higher than 35% of US ZIPs

Median home value
$234,300

▼ 16% vs US

higher than 53% of US ZIPs

Bachelor's or higher
14.6%

Median age 38.2

Land area
12.5 sq mi

Chicago

ZIP code 60501 in Summit Argo, Illinois has a population of 11,626. The median household income is $63,244, which is 17% below the national average. Median home value is $234,300, 16% below the US average. 14.6% of residents hold a bachelor's degree or higher.

ZIP code 60501 is classified by USPS as a standard delivery area and covers roughly 12.5 square miles in Summit Argo, Cook County, Illinois. The area is home to 11,626 residents, producing a population density of 928 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 60501 against Illinois and the nation.

On the economic side, the median household income for ZIP 60501 sits at $63,244 (21% below the Illinois average), while per-capita income is $33,970. The poverty rate stands at 11.5% and the unemployment rate at 5.5%. On housing, the median home value is $234,300 (22% above the state average) with median rent at $1,142 per month, and 62.2% of occupied units are owner-occupied, a direct signal of whether 60501 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 14.6% of adults hold a bachelor's degree or higher, the median age is 38.2, and the average commute is 29 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cook County, so you can benchmark 60501 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 60501

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60501.

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 60501, Summit Argo, 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

11,626

Population

12.5

Area (sq mi)

928

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 60501?

38.2

Median Age

51.7%

Male

48.3%

Female

41.4%

Foreign-Born

White 24.8%
African American 3.6%
Asian 3.7%
American Indian or Alaska Native 1.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 28.2%
Hispanic or Latino 78.6%

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?

$63,244

Median Household Income

-21% vs state

$33,970

Per Capita Income

11.5%

Poverty Rate

5.5%

Unemployment Rate

28.9 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 48.2%
Bachelor's Degree or Higher 14.6%

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

What does housing look like?

4,270

Total Housing Units

3,911

Occupied Units

359

Vacant Units

2.92

Avg Household Size

Occupancy Type

Owner 62.2%
Renter 37.8%

$234,300

Median Home Value

+22% vs state

$1,142

Median Rent

1958

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

-1.3%

YoY Change (2024)

206

HPI Index (2000 = 100)

+106%

Total Change Since 2000

Home values in ZIP 60501 have decreased 1.3% over the past year (2024). Since 2000, this ZIP has seen +106% cumulative appreciation.

Year Annual Change HPI Index
2020 -2.9% 162
2021 +7.9% 175
2022 +14.8% 201
2023 +3.6% 208
2024 -1.3% 206

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 247 business establishments in ZIP 60501, employing approximately 4,212 people with a combined annual payroll of $287,288,000.

247

Businesses

4,212

Employees

$287.3M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Transportation and warehousing 55 22.3%
Accommodation and food services 29 11.7%
Retail trade 28 11.3%
Construction 21 8.5%
Other services (except public administration) 21 8.5%
Administrative and support and waste management and remediation services 19 7.7%
Manufacturing 15 6.1%
Wholesale trade 13 5.3%
Health care and social assistance 10 4.0%
Finance and insurance 9 3.6%
Real estate and rental and leasing 9 3.6%
Professional, scientific, and technical services 8 3.2%
Information 4 1.6%

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 60501 vs 60534 →

ZIP Code City Population Distance
60534 Lyons, IL 10,649 2.3 mi
60458 Justice, IL 14,428 2.2 mi
60525 La Grange, IL 31,168 2.3 mi
60455 Bridgeview, IL 16,446 2.7 mi
60638 Chicago, IL 55,026 2.8 mi
60457 Hickory Hills, IL 14,049 3.8 mi
60546 Riverside, IL 15,668 4.0 mi
60513 Brookfield, IL 19,047 3.3 mi
60465 Palos Hills, IL 17,495 5.7 mi
60402 Berwyn, IL 63,448 4.1 mi

More ZIP Codes in Cook County

Frequently Asked Questions

What county is ZIP code 60501 in?
ZIP code 60501 (Summit Argo) 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 60501?
ZIP code 60501 in Summit Argo, IL has a population of 11,626 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60501?
The median household income in ZIP 60501 is $63,244, which is 17% below the national average of $76,288.
What is the average home value in ZIP 60501?
The median home value in ZIP 60501 is $234,300, which is 16% below the national average of $278,155.
What is the demographic makeup of ZIP 60501?
The largest racial group in ZIP 60501 is Two or More Ethnicities at 28.2%. Hispanic or Latino residents make up 78.6% of the population.
How many businesses are in ZIP code 60501?
ZIP code 60501 has 247 business establishments employing approximately 4,212 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60501?
The top industries by establishment count in ZIP 60501 are: Transportation and warehousing (55), Accommodation and food services (29), Retail trade (28). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 60501?
According to the FHFA House Price Index, home values in ZIP 60501 decreased by 1.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 106%. 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 60501?
In ZIP code 60501, 48.2% of residents aged 25+ have a high school diploma or higher, and 14.6% 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 60501?
The mean commute time for workers in ZIP code 60501 is 28.9 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 60501?
In ZIP code 60501, approximately 62.2% of occupied housing units are owner-occupied and 37.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60501?
The poverty rate in ZIP code 60501 is 11.5% 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 Summit Argo, 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.

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