Zip Code
60640
City
Chicago, IL
Population & Migration
What is the forecasted population for Zip code 60640 Chicago, IL?
- Population census 2020
- 69,726
- Forecasted population 2025
- 66,789
- -0.04% vs. 2020
- Forecasted population 2030
- 65,699
- -0.06% vs. 2020
Zip code 60640 Chicago, IL population is forecasted to decrease -0.04% by 2025 (-8.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 66,789 people for 2025 zip code 60640 Chicago, IL will generate a good demand for housing, which is expected to have an excess of -2,236 houses for 2030. Vacancy rate is 2.5 points below national US average.
- Total homes available 2020
- 38,720
- Estimated total home demand in 2030
- 36,483
- Total homes balance inventory
- -2,236
Average Household Income in zip code 60640 Chicago, IL
from Internal Revenue Service
- Average household income in 2021
- $88,968
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 60640 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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