Best Places60516, IL Best Neighborhoods

2026–2027 edition · Data updated July 2026

Every neighborhood inside ZIP code 60516, scored on 40 measures of daily life and ranked to fit what matters to you. Local pay runs high here, and housing takes the biggest bite out of it. To work out which city fits you best, start with the best places to live tool.

See the map of best neighborhoods

60516 ranks 3,997th of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on big-city access by a wide margin, and state finances rank lowest.

#3,997
of 33,110 zip codes
BestNeighborhood rank
Defaults weight crime safety, affordability, schools, and weather highest: the things hardest to change after a move
N/A
of 33,110 zip codes
Your rank
Set your priorities to see your rank

The best neighborhoods in 60516

Map of the best neighborhoods in the 60516 area, with better matches in green and worse matches in red
Click the map to explore
National median
Worse match Better match
Colorblind friendly off
Popular priorities:

BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.

60516's strengths and weaknesses

Top 10%Big-city access
Top 10%Biking
Top 10%Population health
Each measure against the national median. Bars to the right beat the median; bars to the left fall short. Percentiles compare 60516 with other zip codes.

Where 60516 ranks high

  • Big-city accessBetter than 95% of zip codes
  • BikingBetter than 93% of zip codes
  • Health outlookBetter than 92% of zip codes
  • Household income$125,177 median, better than 91% of zip codes
  • Cost of living vs incomeBetter than 91% of zip codes

Where 60516 ranks low

  • State fiscal healthBetter than only 4% of zip codes
  • Cheap childcare$1,560 a month, better than only 4% of zip codes
  • Low income/sales/gas taxBetter than only 5% of zip codes
  • Low property taxBetter than only 8% of zip codes
  • Air qualityBetter than only 13% of zip codes

What it costs to buy a home in 60516

A household needs to earn about $123,000 a year to comfortably buy the median 60516 home, at 20% down and today's 30-year rate. That is below the area's own median income of $125,177, so a typical household can afford the median home outright.

Income to buy the median home
$123,000
a year, at 20% down and today's 30-year rate
Estimated monthly payment
$2,863
principal, interest, tax, and insurance on a $419,284 home
Median rent
$1,814
a month, across all home sizes

Where the monthly payment goes

Principal & interest$2,138
Property tax$585
Homeowners insurance$140

Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses 60516's effective rate of 1.68%, and insurance is estimated at 0.4% of home value a year.

Renting versus buying

At today's prices, buying tends to cost more than renting for about the first 10 years, then pulls ahead as rent keeps rising and the mortgage builds equity. The chart tracks the running cost of each.

Cumulative cost of renting versus owning the median home, first 10 years. Illustrative estimate.

Who lives in 60516

60516 runs older than the country.

Median age
44
older than the U.S. median of 41
Residents 65 and older
20%
versus 18% nationally
Average household
2.5
near the U.S. average of 2.6

Residents by age

Under 1820%
18 to 3419%
35 to 4920%
50 to 6420%
65 and older20%

Racial and ethnic makeup has its own map. See the race and diversity map for 60516.


Who works in 60516, and how

Work in 60516 centers on professional & technical and health care & social. Unemployment is close to the national rate, and the job base is shrinking.

Work from home
21%
above the national average
Unemployment
4.0%
below the national average
Job growth
−1.7%
/y 2019-2023, slower than the national pace

Largest industries

Professional & technical12%
Health care & social12%
Retail trade10%
Education10%
Manufacturing8%

How people get to work

  • Drive or carpool 70%
  • Work from home 21%
  • Transit, walk, or bike 9%

Life in 60516

60516 has more parkland per resident than 85% of zip codes. That concentrates in some parts of 60516 and thins out in others, which the map shows.

Places to eat and drink
109
restaurants, bars, and fast food, about 36.5 per 10,000 residents, more than 53% of zip codes
Coffee shops
7
about 2.3 per 10,000 residents, more than 50% of zip codes
Parkland
242 acres
about 8.1 acres per 1,000 residents, more than 85% of zip codes

What the weather is like in 60516, month by month

60516 sees roughly 80 pleasant days a year. July highs average about 84 degrees. January highs sit near 32, with lows near 20. The comfortable stretch runs May through September.

Average daily high, mean, and low in degrees Fahrenheit, NOAA station data 2016 to 2025.
Show the monthly temperatures
MonthAvg highAvgAvg low
January32°26°20°
April60°49°40°
July84°75°66°
October65°54°46°

Flying in and out of 60516

Chicago Midway International sits about 14 miles away. It is a large hub and boarded 9.4 million passengers in 2025, with 113 nonstop destinations.

Nearest airport
MDW
Chicago Midway International, about 14 miles
Airport size
Large hub
31st-busiest in the US, 113 nonstop destinations
Average drive
19 min
from the area, with no traffic

The best schools in and around 60516

Schools across 60516 average a C+, better than 46% of zip codes.

Top elementary schools

Top middle schools

Top high schools

Grades come from K-12 test scores, with scores projected for schools missing data. See every 60516 school and its grade on SchoolGrade.


60516 measure by measure

Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare 60516 against the other 33,109 zip codes.


Who 60516 suits

Families

Schools land around the 46th percentile and crime safety beats 58%.

See the families priority ↑

Remote workers

Cost of living against local pay beats 91% of zip codes, internet is fast and widely advertised, and 21% already work from home.

See the remote-work priority ↑

Retirees

Health care access beats 84%.

See the retirees priority ↑


Common questions about living in 60516

Is 60516 a good place to live?

Using BestNeighborhood's default rankings, 60516 ranks 3,997th of 33,110 zip codes. It scores highest on big-city access, biking, and population health, and lowest on state finances and childcare costs. How good it is for you depends on which of those you weight most, which the map lets you set.

Is 60516 expensive to live in?

The median home is worth $419,284. The overall cost of living runs about 3% above the national average. Set against a $125,177 median income, cost of living beats 91% of zip codes.

Is 60516 safe?

Yes, 60516 is safer than 58% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $221 per resident a year.

What is the weather like in 60516?

July highs average about 84 degrees, and January highs near 32 with lows near 20. That works out to about 80 pleasant days a year, more than 44% of zip codes.

Is 60516 good for families?

Schools beat 46% of zip codes, crime safety beats 58%, and childcare runs $1,560 a month.


Compare 60516 with other zip codes


Sources and methodology

Every measure on this page is scored for each neighborhood, then rolled up to 60516. Scores are absolute rather than ranked, which means a 60 in 60516 represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.

60516 detail on BestNeighborhood maps:

  1. Walk Grade for 60516: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
  2. Noise in 60516: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
  3. Conservative vs liberal map of 60516: precinct level election results apportioned to neighborhoods.
  4. Mobile and cell coverage in 60516: carrier by carrier coverage behind the cell score.

60516 detail on related sites:

  1. CrimeGrade: neighborhood crime rates behind the crime safety score.
  2. ISPreports.org: provider by provider internet availability and advertised speeds.
  3. CoverageWatch: the car insurance premiums behind the cheap car insurance score.

Federal and public data:

  1. U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
  2. NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
  3. FAA Passenger Boarding Data: airport size and annual passenger counts.
  4. Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
  5. FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
  6. U.S. EPA Air Quality System: five year average air quality index.
  7. FEMA National Risk Index: expected annual loss from natural hazards.
  8. CDC PLACES: disease burden, preventable risk, and barriers to care.
  9. National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
  10. FCC National Broadband Map: internet and wireless availability.
  11. U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
  12. Religious activity uses a proprietary religious signal measurement.