PlainZIP

Chicago, IL · standard

ZIP Code 60623

Cook County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

92,108
6,621/sq mi
$51,878
Median income
$237,200
Median home value
15.7%
Bachelor's or higher

The verdict

Chicago pairs one of the lowest household incomes in the country with above-median home values, in a suburban-density, mixed-tenure and unusually populous area.

17th pct
household income, US ZIPs
Top 46%
home value, US ZIPs
6,621
people per sq mi
42%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60623 against every reporting US ZIP.

ZIP code 60623 is a densely settled ZIP (a standard USPS delivery area) in Chicago, Cook County, Illinois, with 92,108 residents across 13.9 square miles, a density of 6,621 people per square mile, in the Chicago time zone.

ZIP 60623 reports a modest median household income of $51,878 (35% below the Illinois average), while per-capita income is $23,933. The poverty rate stands at 24.2% and the unemployment rate at 9.2%. The typical home here is valued at $237,200 (24% above the state average); renters pay a median of $1,109 monthly, and 42.2% of units are owner-occupied.

Educational attainment sits below the national norm: 15.7% of adults hold a bachelor's degree or higher, the median age is 35.7, and the average commute is 32 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 60623, plus 6 more within Cook County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 60623

Top 5 sectors by establishment count in Chicago, IL

Which industries have the most business establishments in ZIP 60623.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 60623, Chicago, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

92,108

Population

13.9

Area (sq mi)

6,621

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 60623?

35.7

Median Age

46.8%

Male

53.2%

Female

28.8%

Foreign-Born

White 10.1%
African American 29.0%
Asian 0.9%
American Indian or Alaska Native 2.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 26.7%
Hispanic or Latino 65.3%

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?

$51,878

Median Household Income

-35% vs state

$23,933

Per Capita Income

24.2%

Poverty Rate

9.2%

Unemployment Rate

31.5 min

Mean Commute Time

How ZIP 60623 ranks nationally

Chicago, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$51,878 17th percentile higher than 17% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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

What is the education profile here?

High School Graduate or Higher 48.7%
Bachelor's Degree or Higher 15.7%

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

What does housing look like?

31,335

Total Housing Units

27,552

Occupied Units

3,783

Vacant Units

2.94

Avg Household Size

Occupancy Type

Owner 42.2%
Renter 57.8%

$237,200

Median Home Value

+24% vs state

$1,109

Median Rent

1938

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

+12.3%

YoY Change (2024)

236

HPI Index (2000 = 100)

+136%

Total Change Since 2000

Home values in ZIP 60623 have increased 12.3% over the past year (2024). Since 2000, this ZIP has seen +136% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.7% 160
2021 +10.2% 176
2022 +21.9% 215
2023 -2.0% 211
2024 +12.3% 236

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 819 business establishments in ZIP 60623, employing approximately 12,534 people with a combined annual payroll of $813,588,000.

819

Businesses

12,534

Employees

$813.6M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 148 18.1%
Other services (except public administration) 100 12.2%
Health care and social assistance 98 12.0%
Accommodation and food services 80 9.8%
Transportation and warehousing 56 6.8%
Construction 54 6.6%
Finance and insurance 52 6.3%
Manufacturing 51 6.2%
Wholesale trade 47 5.7%
Professional, scientific, and technical services 37 4.5%
Administrative and support and waste management and remediation services 32 3.9%
Real estate and rental and leasing 18 2.2%
Educational services 15 1.8%
Information 13 1.6%
Arts, entertainment, and recreation 8 1.0%
Utilities 7 0.8%

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 60623 vs 60624 →

ZIP 60623 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 60623 ranks #2 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 60623 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 60623 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
60624 Chicago, IL 38,105 2.3 mi
60632 Chicago, IL 91,326 2.5 mi
60608 Chicago, IL 82,739 2.4 mi
60804 Cicero, IL 84,573 2.3 mi
60612 Chicago, IL 33,472 2.7 mi
60644 Chicago, IL 48,648 3.0 mi
60651 Chicago, IL 64,267 3.9 mi
60629 Chicago, IL 113,916 5.0 mi
60402 Berwyn, IL 63,448 3.9 mi
60647 Chicago, IL 87,291 5.1 mi

More ZIP Codes in Cook County

60629 standard
Chicago, IL
Pop: 113,916
60618 standard
Chicago, IL
Pop: 92,084
60632 standard
Chicago, IL
Pop: 91,326
60639 standard
Chicago, IL
Pop: 90,407
60647 standard
Chicago, IL
Pop: 87,291
60804 standard
Cicero, IL
Pop: 84,573

Related Areas

Cook County Chicago, IL Illinois

Frequently Asked Questions

What county is ZIP code 60623 in? ▼
ZIP code 60623 (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 60623? ▼
ZIP code 60623 in Chicago, IL has a population of 92,108 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60623? ▼
The median household income in ZIP 60623 is $51,878, which is 32% below the national average of $76,288.
What is the average home value in ZIP 60623? ▼
The median home value in ZIP 60623 is $237,200, which is 15% below the national average of $278,155.
What is the demographic makeup of ZIP 60623? ▼
The largest racial group in ZIP 60623 is African American at 29.0%. Hispanic or Latino residents make up 65.3% of the population.
How many businesses are in ZIP code 60623? ▼
ZIP code 60623 has 819 business establishments employing approximately 12,534 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60623? ▼
The top industries by establishment count in ZIP 60623 are: Retail trade (148), Other services (except public administration) (100), Health care and social assistance (98). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 60623? ▼
According to the FHFA House Price Index, home values in ZIP 60623 increased by 12.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 136%. 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 60623? ▼
In ZIP code 60623, 48.7% of residents aged 25+ have a high school diploma or higher, and 15.7% 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 60623? ▼
The mean commute time for workers in ZIP code 60623 is 31.5 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 60623? ▼
In ZIP code 60623, approximately 42.2% of occupied housing units are owner-occupied and 57.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60623? ▼
The poverty rate in ZIP code 60623 is 24.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.