The U.S. ZIP Code 60423 is associated with Frankfort, IL in Will County. The current population estimate is 31,418. Median househould income is at $115,653, with an estimated 2% of the population living below the poverty line. The median age in 60423 is estimated to at 42.6 years, and about 19.1% of residents are aged 62 years and older. An estimated 46.6% in this Illinois region have a bachelor's degree or higher, and the per capita income is approximately $46,646.
7:06 am
4:21 pm
Fair
The median household income in ZIP Code 60423 is $115,653, while the region's mean household income is $135,398. Breaking income down further, per capita income in the region is $46,646. The per capita income in ZIP Code 60423 of $46,646 is approximately 29.44% more than the per capita income in Illinois overall of $36,038. An estimated 2.3% of the population is living below the poverty line in this region. This rate is approximately 75.79% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 24.3% of the population in 60423 earn $100,000 to $149,999 per year, while an estimated 16.9% earn $200,000 or more per year, and 0.8% of 60423 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 0.8% |
| $10,000 to $14,999 per year | 1.0% |
| $15,000 to $24,999 per year | 3.6% |
| $25,000 to $34,999 per year | 3.8% |
| $35,000 to $49,999 per year | 6.3% |
| $50,000 to $74,999 per year | 14.0% |
| $75,000 to $99,999 per year | 12.8% |
| $100,000 to $149,999 per year | 24.3% |
| $150,000 to $199,999 per year | 16.6% |
| $200,000 or more per year | 16.9% |
In ZIP Code 60423, 96.7% of the population graduated high school, while 46.6% have a bachelor's degree or higher. In this region, 1.2% achieved an education level less than 9th grade, while 17.5% hold a graduate or professional degree. Approximately 23.0% in this Will County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.2% |
| 9th to 12th grade, no diploma | 2.1% |
| High school graduate (includes equivalency) | 23.0% |
| Some college, no degree | 19.6% |
| Associate's degree | 7.6% |
| Bachelor's degree | 29.1% |
| Graduate or professional degree | 17.5% |
Looking at race in the population that makes up ZIP Code 60423, 98.6% is one race, while 1.4% are two or more races. Approximately 5.3% of 60423 residents are hispanic or Latino (of any race). The most common race in 60423 (race alone or in combination with one or more other races), is White (90.2%), followed by Black or African American (6.2%) .
| Industry | Percent |
|---|---|
| White | 90.2% |
| Black or African American | 6.2% |
| American Indian and Alaska Native | 0.2% |
| Asian | 3.5% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 1.5% |
In ZIP Code 60423, 93.0% of the population lists "English only" as the language spoken in home, while 2.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.1% of homes, and other Indo-European languages are spoken in 0.8% of homes. Lastly, 0.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Will County region.
| Language Spoken | Percent |
|---|---|
| English only | 93.0% |
| Spanish | 2.4% |
| Other Indo-European languages | 3.1% |
| Asian and Pacific Islander languages | 0.8% |
| Other languages | 0.8% |
Residents of ZIP Code 60423 are older than average. The median age of 42.6 years in ZIP Code 60423 is approximately 11.81% higher than the overall median age in the U.S. of 38.1 years. About 74.6% of residents are aged 18 years and older, and 19.1% of residents are 62 years and over. Approximately 17.1% of the population in 60423 falls in the age group 45 to 54 years, while an estimated 11.9% are aged 35 to 44 years. On the low end of the scale, 1.2% of 60423 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.6% |
| 5 to 9 years | 7.4% |
| 10 to 14 years | 8.5% |
| 15 to 19 years | 8.1% |
| 20 to 24 years | 6.1% |
| 25 to 34 years | 7.3% |
| 35 to 44 years | 11.9% |
| 45 to 54 years | 17.1% |
| 55 to 59 years | 7.8% |
| 60 to 64 years | 6.7% |
| 65 to 74 years | 10.9% |
| 75 to 84 years | 3.4% |
| 85 years and over | 1.2% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 60423 is current access to health insurance, as an estimated 93.6% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 60423 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.6% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 60423, an estimated 28.6% of homes were built between 2000 and 2009. Additionally, 19.6% of homes in the region were built between 1970 and 1979, while an estimated 0.7% of homes were built between 1940 and 1949 in this Will County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.3% |
| Built between 2010 and 2013 | 3.0% |
| Built between 2000 and 2009 | 28.6% |
| Built between 1990 and 1999 | 18.2% |
| Built between 1980 and 1989 | 16.0% |
| Built between 1970 and 1979 | 19.6% |
| Built between 1960 and 1969 | 5.1% |
| Built between 1950 and 1959 | 3.2% |
| Built between 1940 and 1949 | 0.7% |
| Built in 1939 or earlier | 3.3% |
In 60423, 70.0% of the population is in the labor force. Recent estimates place 6.2% as working from home, while the total labor force in the region has a mean travel to time to work of 34.8 minutes. Approximately 24.2% of the employed population 16 years and over in 60423 work in educational services, and health care and social assistance, while an estimated 12.4% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.3% of 60423 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 8.3% |
| Manufacturing | 10.2% |
| Wholesale trade | 3.2% |
| Retail trade | 9.9% |
| Transportation and warehousing, and utilities | 6.8% |
| Information | 1.7% |
| Finance and insurance, and real estate and rental and leasing | 9.0% |
| Professional, scientific, management, and administrative | 12.4% |
| Educational services, and health care and social assistance | 24.2% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.5% |
| Other services, except public administration | 3.0% |
| Public administration | 3.6% |
Regarding solar power potential, ZIP Code 60423 has an average daily solar radiation level of 4.78 kWh/m2/day. This is approximately 16.02% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.47% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 60423 | 10.44¢/kWh | 4.05¢/kWh | 1.39¢/kWh |
| Illinois | 19.05¢/kWh | 14.03¢/kWh | 10.88¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 60423 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.46 | 1.9 | 5.84 |
| Feb | 4.05 | 3 | 6.31 |
| Mar | 4.79 | 3.65 | 7.02 |
| Apr | 5.33 | 5.13 | 7.3 |
| May | 5.59 | 5.17 | 7.13 |
| Jun | 5.83 | 5.72 | 6.95 |
| Jul | 5.96 | 6.22 | 6.51 |
| Aug | 5.88 | 6.08 | 6.65 |
| Sep | 5.59 | 5.15 | 7.02 |
| Oct | 4.64 | 3.32 | 6.92 |
| Nov | 3.56 | 2.33 | 5.99 |
| Dec | 2.71 | 1.78 | 5.46 |