60914, Bourbonnais, IL

The 60914 zip code of Bourbonnais, IL has a population of around 36,000 people. The median household income in this zip code is $85,000 which is higher than the Illinois median household income of $60,000. The home equity in this zip code is around $280,000 which is higher than the Illinois median home equity of $236,500. This means that homes in the 60914 zip code are more valuable than homes in other parts of Illinois.

The main reason that homes in the 60914 zip code are more valuable than homes elsewhere in Illinois is because there are a lot more wealthy people living in this area. There are also a lot more expensive houses and apartments available for sale here than elsewhere in Illinois. This means that there is a greater opportunity for people to buy and sell homes here at high prices.

Another factor that contributes to the high value of homes in the 60914 zip code is the fact that it is located near major cities such as Chicago and St Louis. These cities have a large number of affluent residents who can afford to buy expensive homes. Additionally, many businesses and jobs located within these cities are also very lucrative and can lead to increased incomes for homeowners who live near them.