Interested in purchasing investment houses in the 60160 zip code in Melrose Park, IL?
The zip code 60160 is in Cook county with a latitude of -87.860640000000 and longitude of 41.904140000000, is in the state of Illinois. The average asking price of houses and condos is $183,207.00 and the average sale price was $133,380.00. this regions is classified as the Chicago metro area and consists of the following area codes: 464 and 708. The location in degrees is 41° 54' 14.904" N, 87° 51' 38.304" W. The county F.I.P.S. is 17031. This zip code contains five cities including Melrose Park, IL (89.76%), Franklin Park, IL (3.31%), River Grove, IL (3.13%), Bellwood, IL (0.58%), and Stone Park, IL (0.05%) The total land area is 4.4 square miles and the water area is 0.0 square miles. The elevation in this area is 620 - 633 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60160 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 25,945 in 2019 and 25,432 in 2010. This further breaks down to 13,129 males (50.6%) and 12,816 females (49.4%). The median age of residents is 33.2 years. The population of the greater Chicago-Naperville-Joliet, IL-IN-WI area is 9,739,919. The population density (people per square mile) is 5,834. This zip code has a combined total of 8,708 houses and condos. There are 3,965 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $34,846 and the average salary is $32,728. The median household income of individuals is $52,047.00 and the average is $42,160.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 47.60% (Under $50,000), 36.20% ($50,000-$100,000), and 16.20% earn over $100,000. 16.1% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 102.3. The educational breakdown is 71.8% have a high school education or higher, 13.2% have a bachelor's degree or higher, and 4.2% have some kind of profesional degree.
This area has 7,968 households and the average size is 3.2 people. Individuals who are single and have never been married are 43.2%, 41.7% are now married, 1.6% are separated, 5.8% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $2,158 versus the state average of $4,525. The percent of residents who gave to charity was 15.4%.
The estimated median value of houses and condos is $212,303. The median monthly owner costs of mortgage holders was $1,774, where as the costs for those who don't have a mortgage are $672. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $5,002. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 2.4% which amounted to an average tax amount of $5,206. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $4,569. Reported taxable interest for persons was $936, dividends $3,377, capital gains +$1,522, and itemized deductions $18,434. The average earned income tax credit is $2,506. The percent of individuals that use a tax preparer is 72.6%. The total average income taxes paid by individuals was $7,286. Businesses reported an average profit of $7,874.
Mancini's Chop House
1807 Division St, Melrose Park, IL 60160
Tom's Steak House
1901 W North Ave, Melrose Park, IL 60160
Nonna Graziella Cucina Italiana
1622 W North Ave, Melrose Park, IL 60160
Los Cocos
2225 W North Ave Ste H, Melrose Park, IL 60160
Scudiero's
2113 W Lake St, Melrose Park, IL 60160
Carnitas Don Alfredo
2511 W Lake St, Melrose Park, IL 60160
Abruzzo's Italian Restaurant & Lounge
1509 Division St, Melrose Park, IL 60160
El Estadio Inc
2118 W Lake St, Melrose Park, IL 60160
El Dos De Oros
1910 Main St, Melrose Park, IL 60160
Taverna
1707 Division St, Melrose Park, IL 60160
Wing Brothers Inc
1372 W North Ave, Melrose Park, IL 60160
Restaurant Veneno De Nayarit
2211 W Lake St, Melrose Park, IL 60160
Point After Restaurant
2219 W Lake St, Melrose Park, IL 60160
Restaurant Y Taquerias Jerez
2216 W Lake St, Melrose Park, IL 60160
T & C Restaurants Inc
1900 N Mannheim Rd, Melrose Park, IL 60160
Zaragozo Restaurant
2211 W Lake St, Melrose Park, IL 60160
La Tequileria
2118 W Lake St, Melrose Park, IL 60160
Asian Express
902 W North Ave, Melrose Park, IL 60160
New China Buffet
8339 W North Ave, Melrose Park, IL 60160
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