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Zip Code 60408 Housing Analysis


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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including zip code 60408, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)







Percentage of Family Households in Zip Code 60408: 74.9%

Percentage of Family Households in Illinois: 65.8%


(updated 2010)



Population in Group Quarters in Zip Code 60408

Noninstitutionalized population


  • Other noninstitutional facilities : 100%


(updated 2010)









Median Household Income In 2000 (60408, IL): $55,337
Median Household Income In 2000 (Illinois): $46,590


(updated 2010)



Median House/Condo Value in 2000 (60408): $114,100
Median House/Condo Value in 2000 (Illinois): $127,800


(updated 2010)



Median Gross Rent in 2000 (60408): $595
Median Gross Rent in 2000 (Illinois): $605


(updated 2010)



Most Commonly Used Heating Fuel in Zip Code 60408

Utility Gas: 83.1%
Bottled, Tank, Or Lp Gas: 3.5%
Electricity: 12.5%
Fuel Oil, Kerosene, Etc.: 0.0%
Coal Or Coke: 0.0%
Wood: 0.5%
Solar Energy: 0.0%
Other Fuel: 0.3%
No Fuel Used: 0.0%


(updated 2010)





(updated 2010)



Building Permits in Zip Code 60408

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 44 44 $4,456,600
  Two Family 0 0 $0
  Three and Four Family 2 7 $912,000
  Five or More Family 0 0 $0
  Total

46 51 $5,368,600
2000        
  Single Family 33 33 $3,918,900
  Two Family 1 2 $200,000
  Three and Four Family 3 10 $870,000
  Five or More Family 0 0 $0
  Total

37 45 $4,988,900
2001        
  Single Family 54 54 $6,569,300
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

54 54 $6,569,300
2002        
  Single Family 52 52 $6,136,080
  Two Family 0 0 $0
  Three and Four Family 2 6 $707,584
  Five or More Family 0 0 $0
  Total

54 58 $6,843,664
2003        
  Single Family 54 54 $7,260,800
  Two Family 0 0 $0
  Three and Four Family 5 16 $1,125,680
  Five or More Family 0 0 $0
  Total

59 70 $8,386,480
2004        
  Single Family 84 84 $11,133,000
  Two Family 0 0 $0
  Three and Four Family 9 27 $1,359,000
  Five or More Family 0 0 $0
  Total

93 111 $12,492,000
2005        
  Single Family 81 81 $11,175,300
  Two Family 3 6 $730,000
  Three and Four Family 2 8 $793,780
  Five or More Family 0 0 $0
  Total

86 95 $12,699,080
2006        
  Single Family 50 50 $8,339,300
  Two Family 2 4 $390,000
  Three and Four Family 2 7 $799,500
  Five or More Family 0 0 $0
  Total

54 61 $9,528,800


(updated 2007)



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