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60416 Income Statistics

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Comparison to Surrounding Areas

60416 Median Household Income

The median household income ($76,520) for 60416 is less than the median household income for 60408 ($85,625), 60407 ($83,542), 60450 ($82,295), 60444 ($83,182), Grundy County ($89,993), Will County ($103,678), Coal City village ($77,939), Carbon Hill village ($93,438), and Braidwood city ($76,683). But it's more than 60481 ($73,223) and Diamond village ($67,167).

60416$76,520
Braidwood city$76,683
Carbon Hill village$93,438
Coal City village$77,939
Diamond village$67,167
Grundy County$89,993
Will County$103,678

60416 Average Household Income

The average household income ($99,422) for 60416 is less than the average household income for 60408 ($105,097), 60444 ($101,989), Grundy County ($107,987), Will County ($126,188), and Coal City village ($104,642). But it's more than 60407 ($90,539), 60450 ($99,353), 60481 ($93,162), Braidwood city ($97,928), Carbon Hill village ($91,009), and Diamond village ($88,551).

60416$99,422
Braidwood city$97,928
Carbon Hill village$91,009
Coal City village$104,642
Diamond village$88,551
Grundy County$107,987
Will County$126,188

60416 Per-Capita Income

The per-capita income for 60416 is $41,169. The per capita income ($41,169) for 60416 is less than the per capita income for 60450 ($42,335), Grundy County ($42,192), Will County ($44,356), and Coal City village ($42,317). But it's more than 60407 ($35,539), 60408 ($40,709), 60444 ($38,567), 60481 ($39,313), Carbon Hill village ($31,417), Diamond village ($35,291), and Braidwood city ($39,918).

60416$41,169
Braidwood city$39,918
Carbon Hill village$31,417
Coal City village$42,317
Diamond village$35,291
Grundy County$42,192
Will County$44,356

60416 High Income Households

10.8% of households make over $200,000 a year. The percent high income households (10.8%) for 60416 is more than 60408 (9.5%), 60407 (4.6%), 60481 (6.0%), 60450 (9.3%), 60444 (7.8%), Grundy County (12.1%), Will County (15.8%), Diamond village (7.8%), Coal City village (13.9%), Carbon Hill village (1.3%), and Braidwood city (8.1%).

6041610.8%
Braidwood city8.1%
Carbon Hill village1.3%
Coal City village13.9%
Diamond village7.8%
Grundy County12.1%
Will County15.8%

60416 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
60416$-1$86,023$97,500$47,603
Braidwood city$53,594$94,250$103,594$50,801
Carbon Hill village$-1$61,250$97,500$61,667
Coal City village$-1$123,906$88,315$46,520
Diamond village$-1$73,750$99,286$28,542
Grundy County$73,830$105,530$106,629$53,566
Will County$53,350$108,089$124,411$68,865

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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 2022 5-year estimates. You can find this information and other demographics for 60416 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$9,652+/-$8,871+/-$3,232+/-3.7%+/-$-1+/-$22,094+/-$15,956+/-$5,366
Braidwood city+/-$6,267+/-$10,512+/-$4,008+/-3.8%+/-$17,632+/-$24,259+/-$19,591+/-$17,399
Carbon Hill village+/-$22,977+/-$14,437+/-$7,602+/-2.9%+/-$-1+/-$21,730+/-$36,465+/-$25,910
Coal City village+/-$18,268+/-$14,514+/-$4,692+/-6.5%+/-$-1+/-$40,481+/-$25,409+/-$8,823
Diamond village+/-$17,773+/-$11,804+/-$4,319+/-5.3%+/-$-1+/-$43,168+/-$24,726+/-$13,137
Grundy County+/-$3,106+/-$4,507+/-$1,556+/-1.8%+/-$5,820+/-$11,251+/-$8,224+/-$4,053
Will County+/-$1,442+/-$1,738+/-$649+/-0.4%+/-$11,609+/-$1,779+/-$3,275+/-$1,948