Zip Code

60620

City

Chicago, IL

Population & Migration

What is the forecasted population for Zip code 60620 Chicago, IL?

Population census 2020
68,761
Forecasted population 2025
66,133
-3.8% vs. 2020
Forecasted population 2030
65,529
-4.7% vs. 2020

Zip code 60620 Chicago, IL population is forecasted to decrease -3.8% by 2025 (-8.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 66,133 people for 2025 zip code 60620 Chicago, IL will generate a good demand for housing, which is expected to have an excess of -1,427 houses for 2030. Vacancy rate is 3.6 points above national US average.

Total homes available 2020
30,375
Estimated total home demand in 2030
28,947
Total homes balance inventory
-1,427

Average Household Income in zip code 60620 Chicago, IL
from Internal Revenue Service

Average household income in 2021
$56,450

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 60620 Chicago, IL?

County total number of drinking water violations

3990

+1535%

244

County total number of drinking water contaminations

84

+250%

24

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