ZIP Code 60160 — Melrose Park village, IL Demographics & Data

ZIP code 60160 covers Melrose Park, IL in Cook County with a population of about 24,513.

At a glance, the area shows median age of 35.0 versus a U.S. median of about 38.9.

It sits in telephone area codes 464, 708; U.S. House district IL-4; the CHICAGO media market.

Melrose Park, IL sits in a university / college context (near triton college (1.3 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 60160 is about $64,740 — about 14% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.4%; unemployment rate near 5.5%; 14.7% of adults with a bachelor’s degree or higher (about 19.0 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 4.9% of workers reporting work-from-home (about 10.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $265,000 — about 24% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,070 (about 8% below the U.S. median rent ($1,163)), and owner-occupancy near 57.3% (about 8.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 60160 in Melrose Park, IL, a household would need roughly $73,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,702. That is roughly in line with the local median household income ($64,740). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Melrose Park village, IL as Very High (composite score 100.0), which is among the highest nationally. The strongest component scores on US5 are flood (99.9) and wildfire (55.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Melrose Park village, IL show little to no average snow and around 37.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,365 for ZIP 60160 (Melrose Park village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.