60406, Blue Island, IL

The 60406 zip code of Blue Island, Illinois is located in Cook County and has a population of approximately 41,000. The median household income in the 60406 zip code is $85,000 and the median home value is $225,000. The average home equity loan amount in the 60406 zip code is $128,500.

There has been a significant increase in home equity loans over the past few years due to strong demand for housing and stable economic conditions. In 2016, there were 1,812 home equity loans issued in the 60406 zip code which was an increase of 116% from 2015. This trend is likely to continue as more people are able to afford to buy homes and borrow against their home equity.

Home prices have also increased significantly over the past few years in the 60406 zip code. In 2016, the median home value was $225,000 which was an increase of 21% from 2015. This trend is likely to continue as more people are able to afford to buy homes and borrow against their home equity.