60416 Map

60416 Income Statistics

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Comparison to Surrounding Areas

60416 Median Household Income

The median household income ($71,865) for 60416 is less than the median household income for 60481 ($76,398), 60407 ($81,750), 60408 ($93,914), 60444 ($88,750), 60450 ($81,716), Grundy County ($93,060), Will County ($107,799), Braidwood city ($83,365), Carbon Hill village ($100,368), and Coal City village ($73,030). But it's more than Diamond village ($60,000).

60416$71,865
Braidwood city$83,365
Carbon Hill village$100,368
Coal City village$73,030
Diamond village$60,000
Grundy County$93,060
Will County$107,799

60416 Average Household Income

The average household income ($97,103) for 60416 is less than the average household income for 60444 ($110,031), 60408 ($106,835), 60450 ($105,266), Grundy County ($111,929), Will County ($131,203), Coal City village ($103,609), Carbon Hill village ($100,149), and Braidwood city ($98,872). But it's more than 60407 ($95,953), 60481 ($96,007), and Diamond village ($86,824).

60416$97,103
Braidwood city$98,872
Carbon Hill village$100,149
Coal City village$103,609
Diamond village$86,824
Grundy County$111,929
Will County$131,203

60416 Per-Capita Income

The per-capita income for 60416 is $40,454. The per capita income ($40,454) for 60416 is less than the per capita income for 60444 ($40,905), 60450 ($44,743), 60408 ($41,727), Will County ($46,216), Grundy County ($43,744), Coal City village ($42,064), and Braidwood city ($40,677). But it's more than 60407 ($36,871), 60481 ($40,017), Carbon Hill village ($34,176), and Diamond village ($34,675).

60416$40,454
Braidwood city$40,677
Carbon Hill village$34,176
Coal City village$42,064
Diamond village$34,675
Grundy County$43,744
Will County$46,216

60416 High Income Households

11% of households make over $200,000 a year. The percent high income households (11.0%) for 60416 is less than the percent high income households for 60444 (11.1%), 60450 (12.7%), Grundy County (13.8%), Will County (17.2%), and Coal City village (14.7%). But it's more than 60407 (6.5%), 60408 (9.8%), 60481 (6.3%), Braidwood city (8.4%), Carbon Hill village (3.7%), and Diamond village (8.5%).

6041611.0%
Braidwood city8.4%
Carbon Hill village3.7%
Coal City village14.7%
Diamond village8.5%
Grundy County13.8%
Will County17.2%

60416 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
60416$23,125$87,826$85,600$48,732
Braidwood city$63,173$92,992$117,815$54,074
Carbon Hill village$-1$68,333$104,250$67,500
Coal City village$-1$152,679$82,011$44,865
Diamond village$22,917$71,324$85,395$37,000
Grundy County$78,224$104,837$106,313$55,451
Will County$60,348$112,386$129,624$71,575

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 60416 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
60416+/-$9,406+/-$10,336+/-$3,645+/-4.2%+/-$22,672+/-$21,532+/-$16,421+/-$4,987
Braidwood city+/-$12,766+/-$8,485+/-$3,399+/-3.3%+/-$36,910+/-$10,330+/-$9,983+/-$13,884
Carbon Hill village+/-$13,165+/-$12,828+/-$7,309+/-3.5%+/-$-1+/-$35,623+/-$49,838+/-$45,990
Coal City village+/-$14,550+/-$17,355+/-$5,548+/-7.6%+/-$-1+/-$83,369+/-$24,147+/-$13,313
Diamond village+/-$18,244+/-$11,528+/-$3,797+/-5.5%+/-$8,500+/-$43,328+/-$28,964+/-$19,803
Grundy County+/-$4,776+/-$5,071+/-$1,713+/-1.9%+/-$6,004+/-$11,292+/-$9,464+/-$4,717
Will County+/-$1,286+/-$1,779+/-$670+/-0.5%+/-$10,288+/-$2,388+/-$2,810+/-$1,790