Zip Code

60623

City

Chicago, IL

Population & Migration

What is the forecasted population for Zip code 60623 Chicago, IL?

Population census 2020
77,732
Forecasted population 2025
76,567
-1.5% vs. 2020
Forecasted population 2030
82,231
5.8% vs. 2020

Zip code 60623 Chicago, IL population is forecasted to decrease -1.5% by 2025 (-6.2 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 76,567 people for 2025 zip code 60623 Chicago, IL will generate a good demand for housing, which is expected to have a deficit of 224 houses for 2030. Vacancy rate is 5.2 points above national US average.

Total homes available 2020
30,518
Estimated total home demand in 2030
30,742
Total homes balance inventory
224

Average Household Income in zip code 60623 Chicago, IL
from Internal Revenue Service

Average household income in 2021
$50,576

Affordability

Affordability Index
3

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 60623 Chicago, IL?

County total number of drinking water violations

3523

+1662%

200

County total number of drinking water contaminations

82

+290%

21

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