ZIP Code 60616

standard

Source:

Chicago · Cook County · Illinois

Population
48,433

4,677/sq mi

Median income
$73,819

▼ 3% vs US

higher than 53% of US ZIPs

Median home value
$387,200

▲ 39% vs US

higher than 78% of US ZIPs

Bachelor's or higher
50.8%

Median age 37.9

Land area
10.4 sq mi

Chicago

ZIP code 60616 in Chicago, Illinois has a population of 48,433. The median household income is $73,819, which is 3% below the national average. Median home value is $387,200, 39% above the US average. 50.8% of residents hold a bachelor's degree or higher.

ZIP code 60616 is classified by USPS as a standard delivery area and covers roughly 10.4 square miles in Chicago, Cook County, Illinois. The area is home to 48,433 residents, producing a population density of 4,677 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 60616 against Illinois and the nation.

On the economic side, the median household income for ZIP 60616 sits at $73,819 (8% below the Illinois average), while per-capita income is $49,091. The poverty rate stands at 18.0% and the unemployment rate at 7.2%. On housing, the median home value is $387,200 (102% above the state average) with median rent at $1,342 per month, and 39.5% of occupied units are owner-occupied, a direct signal of whether 60616 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 37.9, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cook County, so you can benchmark 60616 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 60616

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 60616.

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 60616, Chicago, 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

48,433

Population

10.4

Area (sq mi)

4,677

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 60616?

37.9

Median Age

50.2%

Male

49.8%

Female

33.8%

Foreign-Born

White 27.8%
African American 25.5%
Asian 36.9%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 5.9%
Hispanic or Latino 9.6%

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?

$73,819

Median Household Income

-8% vs state

$49,091

Per Capita Income

18.0%

Poverty Rate

7.2%

Unemployment Rate

28.4 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 69.4%
Bachelor's Degree or Higher 50.8%

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

What does housing look like?

27,235

Total Housing Units

25,623

Occupied Units

1,612

Vacant Units

2.04

Avg Household Size

Occupancy Type

Owner 39.5%
Renter 60.5%

$387,200

Median Home Value

+102% vs state

$1,342

Median Rent

1970

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

+5.5%

YoY Change (2024)

217

HPI Index (2000 = 100)

+117%

Total Change Since 2000

Home values in ZIP 60616 have increased 5.5% over the past year (2024). Since 2000, this ZIP has seen +117% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.6% 188
2021 +3.9% 195
2022 +3.8% 203
2023 +1.4% 206
2024 +5.5% 217

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 1,347 business establishments in ZIP 60616, employing approximately 24,459 people with a combined annual payroll of $1,474,336,000.

1,347

Businesses

24,459

Employees

$1.5B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 273 20.3%
Health care and social assistance 186 13.8%
Professional, scientific, and technical services 152 11.3%
Retail trade 146 10.8%
Other services (except public administration) 129 9.6%
Real estate and rental and leasing 83 6.2%
Wholesale trade 66 4.9%
Construction 55 4.1%
Administrative and support and waste management and remediation services 49 3.6%
Finance and insurance 48 3.6%
Transportation and warehousing 38 2.8%
Manufacturing 34 2.5%
Information 29 2.1%
Educational services 29 2.1%
Arts, entertainment, and recreation 24 1.8%
Management of companies and enterprises 3 0.2%

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 60616 vs 60605 →

ZIP Code City Population Distance
60605 Chicago, IL 24,668 1.5 mi
60604 Chicago, IL 570 2.3 mi
60603 Chicago, IL 493 2.4 mi
60602 Chicago, IL 1,204 2.6 mi
60653 Chicago, IL 29,908 2.0 mi
60601 Chicago, IL 11,110 2.8 mi
60606 Chicago, IL 2,308 2.6 mi
60608 Chicago, IL 82,739 2.3 mi
60607 Chicago, IL 23,897 2.4 mi
60661 Chicago, IL 7,792 2.8 mi

More ZIP Codes in Cook County

Frequently Asked Questions

What county is ZIP code 60616 in?
ZIP code 60616 (Chicago) 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 60616?
ZIP code 60616 in Chicago, IL has a population of 48,433 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60616?
The median household income in ZIP 60616 is $73,819, which is 3% below the national average of $76,288.
What is the average home value in ZIP 60616?
The median home value in ZIP 60616 is $387,200, which is 39% above the national average of $278,155.
What is the demographic makeup of ZIP 60616?
The largest racial group in ZIP 60616 is Asian at 36.9%. Hispanic or Latino residents make up 9.6% of the population.
How many businesses are in ZIP code 60616?
ZIP code 60616 has 1,347 business establishments employing approximately 24,459 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60616?
The top industries by establishment count in ZIP 60616 are: Accommodation and food services (273), Health care and social assistance (186), Professional, scientific, and technical services (152). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 60616?
According to the FHFA House Price Index, home values in ZIP 60616 increased by 5.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 117%. 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 60616?
In ZIP code 60616, 69.4% 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 60616?
The mean commute time for workers in ZIP code 60616 is 28.4 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 60616?
In ZIP code 60616, approximately 39.5% of occupied housing units are owner-occupied and 60.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60616?
The poverty rate in ZIP code 60616 is 18.0% 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 Chicago, 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.