Interested in purchasing investment houses in the 60606 zip code in Chicago, IL?
The zip code 60606 is in Cook county with a latitude of -87.637310000000 and longitude of 41.881950000000, is in the state of Illinois. The average asking price of houses and condos is $1,368,000.00 and the average sale price was $212,000.00. this regions is classified as the Chicago metro area and is in the 312 area code. The location in degrees is 41° 52' 55.02" N, 87° 38' 14.316" W. The county F.I.P.S. is 17031. The total land area is 0.3 square miles and the water area is 0.0 square miles. The elevation in this area is 587 - 587 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60606 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 3,322 in 2019 and 2,308 in 2010. This further breaks down to 1,698 males (51.1%) and 1,623 females (48.9%). The median age of residents is 36.7 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 13,003. This zip code has a combined total of 2,733 houses and condos. There are 1,232 rented appartments. 55% of residents rent versus the 55% 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 $424,604 and the average salary is $120,832. The median household income of individuals is $112,764.00 and the average is $575,820.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 5.70% (Under $50,000), 36.40% ($50,000-$100,000), and 57.90% earn over $100,000. 7.4% 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 102.0% have a high school education or higher, 95.9% have a bachelor's degree or higher, and 45.9% have some kind of profesional degree.
This area has 1,481 households and the average size is 1.5 people. Individuals who are single and have never been married are 52.6%, 37.5% are now married, 0.0% are separated, 1.1% are widowed, and 8.9% are divorced. The average yearly contribution amount given by people to charity was $56,615 versus the state average of $4,525. The percent of residents who gave to charity was 40.9%.
The estimated median value of houses and condos is $445,063. The median monthly owner costs of mortgage holders was $2,882, where as the costs for those who don't have a mortgage are $1,155. The median number of rooms in houses and condos are 3.6 versus apartments which had a median number of 2.2.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $6,184. 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 1.4% which amounted to an average tax amount of $6,476. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $5,509. Reported taxable interest for persons was $35,915, dividends $125,892, capital gains +$228,221, and itemized deductions $121,602. The average earned income tax credit is $1,267. The percent of individuals that use a tax preparer is 52.1%. The total average income taxes paid by individuals was $40,161. Businesses reported an average profit of $119,713.
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