Comparison to Surrounding Areas
The median household income ($75,219) for 60416 is less than the median household income for 60481 ($79,042), 60407 ($89,792), 60408 ($95,174), 60444 ($87,614), 60450 ($81,777), Will County ($109,984), Grundy County ($92,235), Braidwood city ($82,202), and Carbon Hill village ($103,125). But it's more than Coal City village ($72,857) and Diamond village ($73,201).
| 60416 | $75,219 |
| Braidwood city | $82,202 |
| Carbon Hill village | $103,125 |
| Coal City village | $72,857 |
| Diamond village | $73,201 |
| Grundy County | $92,235 |
| Will County | $109,984 |
Get Median Household Income for all Zip Codes in Illinois.
The average household income ($103,127) for 60416 is less than the average household income for 60444 ($109,060), 60450 ($105,727), Grundy County ($111,828), Will County ($134,181), and Coal City village ($105,233). But it's more than 60407 ($99,521), 60408 ($99,465), 60481 ($93,941), Braidwood city ($93,745), Carbon Hill village ($101,369), and Diamond village ($100,150).
| 60416 | $103,127 |
| Braidwood city | $93,745 |
| Carbon Hill village | $101,369 |
| Coal City village | $105,233 |
| Diamond village | $100,150 |
| Grundy County | $111,828 |
| Will County | $134,181 |
Get Average Household Income for all Zip Codes in Illinois.
The per-capita income for 60416 is $42,419. The per capita income ($42,419) for 60416 is less than the per capita income for 60450 ($44,532), Grundy County ($43,656), Will County ($47,516), and Coal City village ($43,782). But it's more than 60407 ($36,836), 60408 ($39,438), 60444 ($42,285), 60481 ($39,384), Carbon Hill village ($33,821), Diamond village ($37,611), and Braidwood city ($39,862).
| 60416 | $42,419 |
| Braidwood city | $39,862 |
| Carbon Hill village | $33,821 |
| Coal City village | $43,782 |
| Diamond village | $37,611 |
| Grundy County | $43,656 |
| Will County | $47,516 |
Get Per-Capita Income for all Zip Codes in Illinois.
12.8% of households make over $200,000 a year. The percent high income households (12.8%) for 60416 is less than the percent high income households for Grundy County (13.5%), Will County (18.3%), and Coal City village (15.4%). But it's more than 60481 (5.9%), 60408 (8.7%), 60444 (11.1%), 60450 (12.4%), 60407 (5.4%), Carbon Hill village (6.3%), Diamond village (12.4%), and Braidwood city (7.2%).
| 60416 | 12.8% |
| Braidwood city | 7.2% |
| Carbon Hill village | 6.3% |
| Coal City village | 15.4% |
| Diamond village | 12.4% |
| Grundy County | 13.5% |
| Will County | 18.3% |
Get High Income Households for all Zip Codes in Illinois.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 60416 | $-1 | $92,431 | $99,375 | $50,349 |
| Braidwood city | $75,278 | $101,211 | $117,813 | $57,276 |
| Carbon Hill village | $-1 | $70,893 | $107,500 | $-1 |
| Coal City village | $-1 | $98,355 | $85,492 | $45,494 |
| Diamond village | $-1 | $66,719 | $92,083 | $37,917 |
| Grundy County | $81,786 | $103,227 | $106,142 | $53,884 |
| Will County | $54,728 | $116,003 | $132,734 | $72,666 |
Get Median Household Income by Age of Householder for all Zip Codes in Illinois.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 60416 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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 | +/-$9,715 | +/-$9,355 | +/-$3,808 | +/-3.9% | +/-$-1 | +/-$15,171 | +/-$24,823 | +/-$6,957 |
| Braidwood city | +/-$16,084 | +/-$9,599 | +/-$3,691 | +/-3.8% | +/-$44,432 | +/-$26,690 | +/-$25,936 | +/-$23,766 |
| Carbon Hill village | +/-$19,404 | +/-$13,483 | +/-$7,449 | +/-5.0% | +/-$-1 | +/-$13,043 | +/-$23,131 | +/-$-1 |
| Coal City village | +/-$11,017 | +/-$12,286 | +/-$5,081 | +/-5.6% | +/-$-1 | +/-$56,502 | +/-$22,718 | +/-$5,047 |
| Diamond village | +/-$17,326 | +/-$15,835 | +/-$5,107 | +/-6.8% | +/-$-1 | +/-$33,772 | +/-$45,237 | +/-$31,632 |
| Grundy County | +/-$7,255 | +/-$4,693 | +/-$1,661 | +/-1.5% | +/-$16,748 | +/-$6,846 | +/-$7,265 | +/-$6,220 |
| Will County | +/-$1,819 | +/-$1,952 | +/-$664 | +/-0.5% | +/-$10,996 | +/-$2,296 | +/-$2,678 | +/-$2,013 |