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
- 76,006
- -2.2% vs. 2020
- Forecasted population 2030
- 81,671
- 5.1% vs. 2020
Zip code 60623 Chicago, IL population is forecasted to decrease -2.2% by 2025 (-6.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 76,006 people for 2025 zip code 60623 Chicago, IL will generate a good demand for housing, which is expected to have a deficit of 1,546 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
- 32,064
- Total homes balance inventory
- 1,546
Average Household Income in zip code 60623 Chicago, IL
from Internal Revenue Service
- Average household income in 2021
- $50,576
Affordability
- Affordability Index
- 4
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 60623 Chicago, IL?
County total number of drinking water violations
3829
+1594%
226
County total number of drinking water contaminations
82
+257%
23
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