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These days, finding an affordable place to live in the 60062 area can be challenging. Home prices in 60062 are now at a median cost of $631,323, higher than the Illinois average of $300,242.
The average cost of rent is $2,303/mo in 60062, primarily driven by the current value of real estate in the 60062 area. In 60062, 18.57% of households rent, and 43.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 60062 is $13,312 per month. Households that rent pay about 17.30% of their income on rent here. 60062’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 60026, IL: higher priced homes
- 60015, IL: equally priced homes
- 60070, IL: less expensive homes
- 60025, IL: less expensive homes
- 60022, IL: higher priced homes
- 60035, IL: equally priced homes
- 60090, IL: less expensive homes
- 60093, IL: higher priced homes
- 60029, IL: higher priced homes
- 60040, IL: less expensive homes
Zip Codes with Similar Populations
- 28214, NC: less expensive homes
- 11413, NY: equally priced homes
- 94521, CA: higher priced homes
- 77042, TX: less expensive homes
- 95765, CA: higher priced homes
- 95628, CA: equally priced homes
- 94025, CA: higher priced homes
- 92058, CA: equally priced homes
- 91360, CA: higher priced homes
- 91320, CA: higher priced homes
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