Zip Code

60160

City

Melrose Park, IL

Population & Migration

What is the forecasted population for Zip code 60160 Melrose Park, IL?

Population census 2020
25,357
Forecasted population 2025
24,537
-0.03% vs. 2020
Forecasted population 2030
24,229
-0.04% vs. 2020

Zip code 60160 Melrose Park, IL population is forecasted to decrease -0.03% by 2025 (-7.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 24,537 people for 2025 zip code 60160 Melrose Park, IL will generate a good demand for housing, which is expected to have an excess of -373 houses for 2030. Vacancy rate is 3.1 points below national US average.

Total homes available 2020
8,395
Estimated total home demand in 2030
8,021
Total homes balance inventory
-373

Average Household Income in zip code 60160 Melrose Park, IL
from Internal Revenue Service

Average household income in 2021
$75,985

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 60160 Melrose Park, 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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