Interested in purchasing investment houses in the 60464 zip code in Palos Park, IL?
The zip code 60464 is in Cook county with a latitude of -87.861830000000 and longitude of 41.662490000000, is in the state of Illinois. The average asking price of houses and condos is $629,130.00 and the average sale price was $297,545.00. 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° 39' 44.964" N, 87° 51' 42.588" W. The county F.I.P.S. is 17031. This zip code contains four cities including Palos Park, IL (48.58%), Palos Hills, IL (0.34%), Orland Park, IL (0.33%), and Palos Heights, IL (0.06%) The total land area is 7.7 square miles and the water area is 0.4 square miles. The elevation in this area is 633 - 702 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60464 is in county number 030 and is L. Sector 99, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 9,767 in 2019 and 9,620 in 2010. Of this, the break down in 2019 was 9,624 urban and 142 rural. This further breaks down to 4,536 males (46.4%) and 5,230 females (53.6%). The median age of residents is 52.4 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 1,263. This zip code has a combined total of 4,267 houses and condos. There are 446 rented appartments. 11% of residents rent versus the 11% 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 $120,296 and the average salary is $83,575. The median household income of individuals is $88,321.00 and the average is $141,270.00. This zip code has a mean commute time to work of 35.8 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 25.20% (Under $50,000), 30.00% ($50,000-$100,000), and 44.70% earn over $100,000. 5.1% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 106.1. The educational breakdown is 96.4% have a high school education or higher, 48.1% have a bachelor's degree or higher, and 20.7% have some kind of profesional degree.
This area has 3,824 households and the average size is 2.5 people. Individuals who are single and have never been married are 19.5%, 62.6% are now married, 0.6% are separated, 10.9% are widowed, and 6.4% are divorced. The average yearly contribution amount given by people to charity was $4,914 versus the state average of $4,525. The percent of residents who gave to charity was 49.9%.
The estimated median value of houses and condos is $453,025. The median monthly owner costs of mortgage holders was $2,565, where as the costs for those who don't have a mortgage are $1,000. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $7,820. 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 1.7% which amounted to an average tax amount of $8,219. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.8% which amounted to an average tax amount of $7,453. Reported taxable interest for persons was $4,588, dividends $9,794, capital gains +$21,806, and itemized deductions $33,269. The average earned income tax credit is $1,562. The percent of individuals that use a tax preparer is 68.4%. The total average income taxes paid by individuals was $16,347. Businesses reported an average profit of $23,868.
Francesca's Vicinato
12960 S La Grange Rd, Palos Park, IL 60464
Frangella Italian Market, Inc.
11925 S 80th Ave, Palos Park, IL 60464
Mizu Sushi House
9664 W 131st St, Palos Park, IL 60464
Blind Hog
11901 S 80th Ave, Palos Park, IL 60464
The Original Island Shrimp House
12902 S La Grange Rd, Palos Park, IL 60464
Sal's Phillys
13000 S La Grange Rd, Palos Park, IL 60464
El Gallo
13006 S La Grange Rd, Palos Park, IL 60464
Hackney's In Palos Park
9550 W 131st St, Palos Park, IL 60464
Double Dragon
13022 S La Grange Rd, Palos Park, IL 60464
The Plush Horse
12301 S 86th Ave, Palos Park, IL 60464
Peet's Coffee & Tea
9652 W 131st St, Palos Park, IL 60464
Hackney's In Palos Park
9550 W 123rd St, Palos Park, IL 60464
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