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Chicago, IL 60616 has a population of approximately 53,331 and experiences a population change rate of 13.29%. The population density is 13,339.4 / sq mi .
The median household income for Chicago, IL 60616 is $65,489, with 24,622 households and an average household size of 2.06.
The median value of a home in Chicago, IL 60616 is $336,700 with an appreciation rate of 10.10%. 36.08% of housing in the state is owned while 57.34% is rented.
The cost of living in Chicago, IL 60616 is 125.4 %.
The unemployment rate in Chicago, IL 60616 is 3.40%, and recent job growth is at 1.09%. Future job growth is projected at 46.66%.
The sales tax rate in Chicago, IL 60616 is 10.25%, while the income tax rate is 4.95% .
School expenditures in Chicago, IL 60616 are $21,907, and the school ratio is 14:1.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 38.6 inches per year, with 34.5 inches of snow per year.