Summit (60501) in Illinois Real Estate, Demographics, Mortgage and Jobs

USA	Illinois	Summit Illinois

Summit, IL 60501

Summit (60501) has an estimated 11,626 residents with 11,525 of those people in approximately 3,488 housing units. The 60501 zipcode contains 1,332 housing units that are owned with a mortgage or a loan, 553 housing units that are owned free and clear and 1,603 housing units that are renter occupied.

In Summit (60501) the median listing price of $179,000 has grown by $1,600 since 2018-10.

Zip code 60501 is in the Chicago-Naperville-Elgin metropolitan area.
The median estimated home value in Summit, IL (60501) is $169,700 as of 2018-10-31 . Home values here have declined by 0.47%.

In Summit, IL (60501), values have declined by -0.27 from when they peaked at $231,300 in 2006-Q3

The Zillow Market Health Index for Summit, IL (60501) is 4.78. The corresponding state value is 1.18. This is significantly higher than the overall Market Health Index of Illinois.
Metro value is 0.55.
This is significantly higher than the overall Market Health Index of Chicago-Naperville-Elgin.

Demographics of Summit Argo zipcode 60501
The median age here is 34.20. This age is 90.0% the national median age.
The number of male residents is 5,833 with a median age of 33.90 years. The number of female residents is 5,913 with a median age of 34.70 years. This yields a ♂ to ♀ ratio of 0.99
The average household is 3.20 persons and has an income of $52,276.
The average family size in Summit is 3.50.
Area Code: 708/773/630/847
Time zone: Central USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 245
Employment: 3,770
Medicare Area: Chicago-Naperville-Evanston, IL
County: COOK

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