Interested in purchasing investment houses in the 60647 zip code in Chicago, IL?
The zip code 60647 is in Cook county with a latitude of -87.701670000000 and longitude of 41.920680000000, is in the state of Illinois. The average asking price of houses and condos is $389,823.00 and the average sale price was $320,285.00. 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° 55' 14.448" N, 87° 42' 6.012" W. The county F.I.P.S. is 17031. The total land area is 4.0 square miles and the water area is 0.0 square miles. The elevation in this area is 597 - 600 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60647 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 88,588 in 2019 and 87,291 in 2010. This further breaks down to 44,877 males (50.7%) and 43,710 females (49.3%). The median age of residents is 32.3 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 21,886. This zip code has a combined total of 39,802 houses and condos. There are 22,219 rented appartments. 62% of residents rent versus the 62% 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 $54,697 and the average salary is $51,742. The median household income of individuals is $46,572.00 and the average is $81,440.00. This zip code has a mean commute time to work of 34.6 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 53.40% (Under $50,000), 29.90% ($50,000-$100,000), and 16.70% earn over $100,000. 12.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 105.4. The educational breakdown is 90.7% have a high school education or higher, 55.9% have a bachelor's degree or higher, and 20.7% have some kind of profesional degree.
This area has 34,330 households and the average size is 2.5 people. Individuals who are single and have never been married are 54.9%, 35.5% are now married, 1.3% are separated, 2.1% are widowed, and 6.2% are divorced. The average yearly contribution amount given by people to charity was $2,700 versus the state average of $4,525. The percent of residents who gave to charity was 16.7%.
The estimated median value of houses and condos is $444,621. The median monthly owner costs of mortgage holders was $2,432, where as the costs for those who don't have a mortgage are $887. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $6,259. 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 $6,323. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $6,027. Reported taxable interest for persons was $755, dividends $3,402, capital gains +$12,276, and itemized deductions $23,619. The average earned income tax credit is $2,227. The percent of individuals that use a tax preparer is 50.7%. The total average income taxes paid by individuals was $10,632. Businesses reported an average profit of $12,284.
Pete's Pizza
3737 N Western Ave, Chicago, IL 60618 (1.8 miles away)
Tarantino's
1112 W Armitage Ave, Chicago, IL 60614 (2.9 miles away)
Ferrara Original Inc.
2210 W Taylor St, Chicago, IL 60612 (2.9 miles away)
Drew's on Halsted
3201 N Halsted St, Chicago, IL 60657 (3 miles away)
Firehouse Steak & Lemonade
5646 W Roosevelt Rd, Chicago, IL 60644 (3.8 miles away)
Morton's The Steakhouse
1050 N State St, Chicago, IL 60610 (3.8 miles away)
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