PlainZIP

Grant Park, IL · standard

ZIP Code 60940

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

3,369
17/sq mi
$97,361
Median income
$271,900
Median home value
17.7%
Bachelor's or higher

The verdict

Grant Park pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 21%
household income, US ZIPs
Top 38%
home value, US ZIPs
17
people per sq mi
85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 60940 against every reporting US ZIP.

ZIP code 60940 covers 195.9 square miles in Grant Park, Kankakee County, Illinois (a standard USPS delivery area), with a modest 3,369 residents on file, a density of 17 people per square mile, in the Chicago time zone.

ZIP 60940 lands in the middle-income range, with a median household income of $97,361 (22% above the Illinois average), while per-capita income is $34,831. Local economic indicators show a 9.3% poverty rate alongside 8.8% unemployment. Median home value sits at $271,900 (42% above the state average), median rent at $1,210 a month, and owner-occupancy at 84.7%.

Educational attainment sits below the national norm: 17.7% of adults hold a bachelor's degree or higher, the median age is 36.9, and the average commute is 32 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Kankakee County, so you can benchmark 60940 against its immediate geography rather than a 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 60940

Top 5 sectors by establishment count in Grant Park, IL

Which industries have the most business establishments in ZIP 60940.

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 60940, Grant Park, 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

3,369

Population

195.9

Area (sq mi)

17

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 60940?

36.9

Median Age

50.0%

Male

50.0%

Female

0.9%

Foreign-Born

White 89.9%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.9%
Hispanic or Latino 4.3%

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?

$97,361

Median Household Income

+22% vs state

$34,831

Per Capita Income

9.3%

Poverty Rate

8.8%

Unemployment Rate

31.8 min

Mean Commute Time

How ZIP 60940 ranks nationally

Grant Park, IL household income vs. every US ZIP code

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

$97,361 Top 21% higher than 79% 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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $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 55.6%
Bachelor's Degree or Higher 17.7%

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

What does housing look like?

1,136

Total Housing Units

1,095

Occupied Units

41

Vacant Units

3.03

Avg Household Size

Occupancy Type

Owner 84.7%
Renter 15.3%

$271,900

Median Home Value

+42% vs state

$1,210

Median Rent

1974

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

+4.1%

YoY Change (2024)

209

HPI Index (2000 = 100)

+109%

Total Change Since 2000

Home values in ZIP 60940 have increased 4.1% over the past year (2024). Since 2000, this ZIP has seen +109% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.9% 140
2021 +9.7% 154
2022 +12.2% 173
2023 +16.4% 201
2024 +4.1% 209

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 66 business establishments in ZIP 60940, employing approximately 434 people with a combined annual payroll of $19,211,000.

66

Businesses

434

Employees

$19.2M

Annual Payroll

10

Industry Sectors

Industry Establishments % of Total
Construction 13 19.7%
Administrative and support and waste management and remediation services 10 15.2%
Retail trade 7 10.6%
Transportation and warehousing 7 10.6%
Accommodation and food services 5 7.6%
Other services (except public administration) 5 7.6%
Manufacturing 4 6.1%
Real estate and rental and leasing 4 6.1%
Wholesale trade 3 4.5%
Finance and insurance 3 4.5%

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 60940 vs 60954 →

ZIP 60940 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 60940 ranks #3 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 60940 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 60940 ranks #2 of 3 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
60954 Momence, IL 6,104 6.8 mi
60401 Beecher, IL 7,797 6.6 mi

More ZIP Codes in Kankakee County

60901 standard
Kankakee, IL
Pop: 37,157
60914 standard
Bourbonnais, IL
Pop: 29,107
60950 standard
Manteno, IL
Pop: 12,168
60915 standard
Bradley, IL
Pop: 10,774
60954 standard
Momence, IL
Pop: 6,104
60964 standard
Saint Anne, IL
Pop: 4,968

Related Areas

Kankakee County Grant Park, IL Illinois

Frequently Asked Questions

What county is ZIP code 60940 in? ▼
ZIP code 60940 (Grant Park) is located in Kankakee County, Illinois. Kankakee County contains multiple ZIP codes, see the full list at /counties/kankakee-il.
What is the population of ZIP code 60940? ▼
ZIP code 60940 in Grant Park, IL has a population of 3,369 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 60940? ▼
The median household income in ZIP 60940 is $97,361, which is 28% above the national average of $76,288.
What is the average home value in ZIP 60940? ▼
The median home value in ZIP 60940 is $271,900, which is 2% below the national average of $278,155.
What is the demographic makeup of ZIP 60940? ▼
The largest racial group in ZIP 60940 is White at 89.9%. Hispanic or Latino residents make up 4.3% of the population.
How many businesses are in ZIP code 60940? ▼
ZIP code 60940 has 66 business establishments employing approximately 434 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 60940? ▼
The top industries by establishment count in ZIP 60940 are: Construction (13), Administrative and support and waste management and remediation services (10), Retail trade (7). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 60940? ▼
According to the FHFA House Price Index, home values in ZIP 60940 increased by 4.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 109%. 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 60940? ▼
In ZIP code 60940, 55.6% of residents aged 25+ have a high school diploma or higher, and 17.7% 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 60940? ▼
The mean commute time for workers in ZIP code 60940 is 31.8 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 60940? ▼
In ZIP code 60940, approximately 84.7% of occupied housing units are owner-occupied and 15.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 60940? ▼
The poverty rate in ZIP code 60940 is 9.3% 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.