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These days, finding an affordable place to live in the 60550 area can be challenging. Home prices in 60550 are now at a median cost of $169,483, lower than the Illinois average of $242,002.
The average cost of rent is $803/mo in 60550, primarily driven by the current value of real estate in the 60550 area. While nearly 35.72% of residents own their homes outright in 60550, 24.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 60550 is $6,241 per month. Households that rent pay about 12.86% of their income on rent here. 60550's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 60530, IL: equally priced homes
- 60556, IL: higher priced homes
- 61353, IL: less expensive homes
- 60553, IL: equally priced homes
- 61318, IL: equally priced homes
- 60520, IL: higher priced homes
- 60531, IL: equally priced homes
- 60552, IL: higher priced homes
- 61378, IL: equally priced homes
- 60548, IL: higher priced homes
Zip Codes with Similar Populations
- 99185, WA: higher priced homes
- 42286, KY: less expensive homes
- 42159, KY: higher priced homes
- 15340, PA: higher priced homes
- 14864, NY: less expensive homes
- 38929, MS: less expensive homes
- 14507, NY: less expensive homes
- 14506, NY: higher priced homes
- 13835, NY: less expensive homes
- 29104, SC: less expensive homes
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