60940 Map

60940 Income Statistics

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Comparison to Surrounding Areas

60940 Median Household Income

The median household income ($97,778) for 60940 is less than the median household income for 60468 ($101,618) and Will County ($107,799). But it's more than 60401 ($92,279), 60950 ($87,848), 60954 ($58,636), 46356 ($87,535), 60914 ($88,688), Kankakee County ($68,325), and Grant Park village ($72,500).

60940$97,778
Grant Park village$72,500
Kankakee County$68,325
Will County$107,799

60940 Average Household Income

The average household income ($131,480) for 60940 is more than 60954 ($74,916), 60468 ($109,044), 60914 ($106,198), 60950 ($105,561), 46356 ($108,092), 60401 ($117,034), Will County ($131,203), Kankakee County ($90,248), and Grant Park village ($83,215).

60940$131,480
Grant Park village$83,215
Kankakee County$90,248
Will County$131,203

60940 Per-Capita Income

The per-capita income for 60940 is $36,314. The per capita income ($36,314) for 60940 is less than the per capita income for 46356 ($40,453), 60401 ($45,797), 60468 ($42,818), 60914 ($38,177), 60950 ($44,717), and Will County ($46,216). But it's more than 60954 ($31,098), Kankakee County ($35,005), and Grant Park village ($26,046).

60940$36,314
Grant Park village$26,046
Kankakee County$35,005
Will County$46,216

60940 High Income Households

11.2% of households make over $200,000 a year. The percent high income households (11.2%) for 60940 is less than the percent high income households for 46356 (11.9%), 60914 (11.6%), and Will County (17.2%). But it's more than 60401 (8.7%), 60468 (7.7%), 60950 (10.1%), 60954 (3.6%), Kankakee County (7.2%), and Grant Park village (4.4%).

6094011.2%
Grant Park village4.4%
Kankakee County7.2%
Will County17.2%

60940 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
60940$-1$105,714$122,500$81,389
Grant Park village$-1$92,188$52,000$66,250
Kankakee County$50,363$75,120$82,637$50,013
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 60940 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+
60940+/-$13,978+/-$39,983+/-$6,400+/-6.0%+/-$-1+/-$22,420+/-$44,059+/-$21,968
Grant Park village+/-$18,979+/-$9,801+/-$6,166+/-2.7%+/-$-1+/-$37,444+/-$22,132+/-$18,940
Kankakee County+/-$2,842+/-$3,087+/-$1,012+/-1.1%+/-$17,267+/-$5,082+/-$6,678+/-$3,113
Will County+/-$1,286+/-$1,779+/-$670+/-0.5%+/-$10,288+/-$2,388+/-$2,810+/-$1,790