Zip Code

60538

City

Montgomery, IL

Population & Migration

What is the forecasted population for Zip code 60538 Montgomery, IL?

Population census 2020
28,206
Forecasted population 2025
31,404
11.3% vs. 2020
Forecasted population 2030
31,741
12.5% vs. 2020

Zip code 60538 Montgomery, IL population is forecasted to grow 11.3% by 2025 (6.6 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 31,404 people for 2025 zip code 60538 Montgomery, IL will generate a good demand for housing, which is expected to have a deficit of 1,113 houses for 2030. Vacancy rate is 4.6 points below national US average.

Total homes available 2020
8,879
Estimated total home demand in 2030
9,992
Total homes balance inventory
1,113

Average Household Income in zip code 60538 Montgomery, IL
from Internal Revenue Service

Average household income in 2021
$92,720

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 60538 Montgomery, IL?

County total number of drinking water violations

405

+66%

244

County total number of drinking water contaminations

45

+88%

24

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