Interested in purchasing investment houses in the 60620 zip code in Chicago, IL?
The zip code 60620 is in Cook county with a latitude of -87.652500000000 and longitude of 41.740800000000, is in the state of Illinois. The average asking price of houses and condos is $117,590.00 and the average sale price was $78,227.00. this regions is classified as the Chicago metro area and consists of the following area codes: 773 and 872. The location in degrees is 41° 44' 26.88" N, 87° 39' 9" W. The county F.I.P.S. is 17031. The total land area is 7.1 square miles and the water area is 0.0 square miles. The elevation in this area is 587 - 610 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60620 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 68,449 in 2019 and 72,216 in 2010. This further breaks down to 30,752 males (44.9%) and 37,698 females (55.1%). The median age of residents is 40.7 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 9,661. This zip code has a combined total of 30,879 houses and condos. There are 13,654 rented appartments. 53% of residents rent versus the 53% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $30,876 and the average salary is $29,523. The median household income of individuals is $45,717.00 and the average is $35,020.00. This zip code has a mean commute time to work of 42.1 minutes. The unemployment rate is 13.8%. Income earners by percent breakdown as 53.70% (Under $50,000), 31.30% ($50,000-$100,000), and 15.00% earn over $100,000. 22.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 102.1. The educational breakdown is 85.4% have a high school education or higher, 17.0% have a bachelor's degree or higher, and 6.1% have some kind of profesional degree.
This area has 26,058 households and the average size is 2.6 people. Individuals who are single and have never been married are 50.4%, 24.5% are now married, 3.6% are separated, 9.1% are widowed, and 12.4% are divorced. The average yearly contribution amount given by people to charity was $4,537 versus the state average of $4,525. The percent of residents who gave to charity was 18.4%.
The estimated median value of houses and condos is $158,675. The median monthly owner costs of mortgage holders was $1,407, where as the costs for those who don't have a mortgage are $551. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,995. 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 1.2% which amounted to an average tax amount of $2,021. 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 $1,921. Reported taxable interest for persons was $476, dividends $1,003, capital gains +$888, and itemized deductions $17,480. The average earned income tax credit is $2,778. The percent of individuals that use a tax preparer is 50.1%. The total average income taxes paid by individuals was $4,212. Businesses reported an average profit of $4,874.
Seafood Junction
2511 W 95th St, Evergreen Park, IL 60805 (2.8 miles away)
Tony's Original Philly Steaks & Wing's
1400 W 95th St, Chicago, IL 60643 (2.9 miles away)
Lang Ice
3604 W 59th St, Chicago, IL 60629 (3.7 miles away)
Piccolo Mondo
1642 E 56th St Ste 1, Chicago, IL 60637 (3.8 miles away)
La Playita
4056 Southwest Hwy, Hometown, IL 60456 (4 miles away)
Tatas Chicago Pizzeria
3019 W 111th St, Chicago, IL 60655 (4.1 miles away)
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