60643 Community Information

60643 Homes for Sale

60643 Community Information

Population

49,631

Median Age

40.0

Median Household Income

$70,336

Households with Children

46.45%

Median Travel Time to Work

38 minutes

60643 Real Estate Market Information

Homes Owned

76.97%

Homes Rented

19.90%

Homes Vacant

3.13%

60643 Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See apartments for rent

Powered by Apartments.com & HomeFinder.com

60643 School Information

Elementary Schools

Primary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 49,631
  • Total Male Population 22,923
  • Total Female Population 26,708
  • Population change since 2000 -11.69%
  • Median age 40.0
  • Percent of households with children 46.45%
  • Personal Crime risk 301

Transportation

  • Median travel time to work 38 minutes
  • Percent using Public transportation 20.58%
  • Percent Driving/Using Carpool 74.31
  • Percent Using Other transportation 2.37%
  • Percent Working From Home 2.75%

Education Levels

  • Some high school 12.80%
  • High school graduate 20.51%
  • Some college 27.18%
  • Associate degree 7.57%
  • Bachelor's degree 19.01%
  • Graduate degree 12.93%

Occupation

  • Agriculture, forestry, and fishing 0.05%
  • Construction 3.00%
  • Manufacturing 6.31%
  • Wholesale Trade 1.46%
  • Retail Trade 5.78%
  • Finance, insurance and real estate 10.05%
  • Services 4.74%
  • Public administration 9.32%
  • Information 3.02%
  • Professional 10.53%
  • Education 30.74%
  • Arts 5.05%

Income

  • Average household income $89,742
  • Income change since 2000 26.12%

Climate

  • Avg. January high/low temp 31.46 / 16.56
  • Avg. July high/low temp 84.18 / 64.44
  • Annual precipitation 38.14
© 2013 HomeFinder.com, LLC Equal Housing Opportunity