ZIP Code 60654 — Chicago city, IL Demographics & Data

ZIP code 60654 covers Chicago, IL in Cook County with a population of about 24,303.

At a glance, the area shows median age of 32.4 versus a U.S. median of about 38.9.

It sits in telephone area codes 312, 872; U.S. House district IL-7; the CHICAGO media market.

Chicago, IL sits in a university / college context (near erikson institute (0.3 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 60654 is about $144,831 — about 93% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.0%; unemployment rate near 2.8%; 91.8% of adults with a bachelor’s degree or higher (about 58.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Finance and insurance, and Healthcare; about 31.2% of workers reporting work-from-home (about 16.0 points above 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 $495,900 — about 42% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,496 (about 115% above the U.S. median rent ($1,163)), and owner-occupancy near 34.4% (about 31.0 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 60654 in Chicago, IL, a household would need roughly $137,000 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 $3,186. That is roughly in line with the local median household income ($144,831). 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 Chicago city, 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 Chicago city, IL show little to no average snow.

IRS migration statistics show a net inflow of about 1,353 for ZIP 60654 (Chicago city, 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.