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60416 Zip Code Housing

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As of 2010-2014, median price of a house in 60416 Zip Code is $170,600, which is about the same as the state average of $175,700 and is about the same as the national average of $175,700. The 60416 Zip Code median house value has grown by 41.69% since 2000. The growth rate for the price of a house in 60416 Zip Code is higher than the state average rate of 34.33% and is lower than the national average rate of 46.91%. The median year that a house in 60416 Zip Code was built is 1979, which is newer than the median year for a house built in the state which is 1967 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,562 Owner Occupied Houses in 60416 Zip Code, see rank

60416 Zip Code	170,600 USD
Illinois	175,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

60416 Zip Code	41.69%
Illinois	34.33%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	60416 Zip Code	Illinois	U.S.
Total Housing Units	3,686, see rank, 100%	5,299,433	132,741,033
Occupied Housing Units	3,408, 92.46%, see rank	90.17%	87.55%
Owner Occupied	2,562, 69.51%, see rank	60.28%	56.34%
Renter Occupied	846, 22.95%, see rank	29.89%	31.21%
Vacant Housing Units	278, 7.54%, see rank	9.83%	12.45%
For Rent	75, 2.03%, see rank	2.18%	2.34%
For Sale Only	18, 0.49%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.87%	0.92%
For Seasonal, Recreational, or Occasional Use	29, 0.79%, see rank	0.95%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	156, 4.23%, see rank	4.46%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #199

60416 Zip Code	Illinois	U.S.
1979	1967	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	60416 Zip Code	%	Illinois	U.S.
Owner-Occupied Units	2,562	100%	3,194,707	74,787,460
With a Mortgage	1,753	68.42%, see rank	67.18%	65.58%
Without a Mortgage	809	31.58%, see rank	32.82%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

60416 Zip Code	1,542 USD
Illinois	1,676 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	60416 Zip Code	%	Illinois	U.S.
$299 or Less	0	0.00%, see rank	0.14%	0.20%
$300 to $499	25	1.43%, see rank	1.21%	1.59%
$500 to $699	65	3.71%, see rank	4.05%	5.01%
$700 to $999	133	7.59%, see rank	11.52%	14.32%
$1,000 to $1,499	596	34.00%, see rank	24.62%	27.90%
$1,500 to $1,999	540	30.80%, see rank	22.62%	20.35%
$2,000 to $2,999	387	22.08%, see rank	24.08%	19.52%
$3,000 or More	7	0.40%, see rank	11.76%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

60416 Zip Code	24.00% of the Total Income
Illinois	24.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	60416 Zip Code	%	Illinois	U.S.
10% or Less	79	4.51%, see rank	5.20%	5.86%
10% to 20%	549	31.32%, see rank	31.00%	31.95%
20% to 30%	536	30.58%, see rank	27.90%	27.64%
30% to 40%	286	16.31%, see rank	14.28%	13.74%
40% or More	279	15.92%, see rank	21.15%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

60416 Zip Code	537 USD
Illinois	572 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	60416 Zip Code	%	Illinois	U.S.
$199 or Less	40	4.94%, see rank	4.12%	7.76%
$200 to $299	35	4.33%, see rank	8.95%	14.70%
$300 to $499	247	30.53%, see rank	27.30%	34.63%
$500 to $699	390	48.21%, see rank	25.34%	21.16%
$700 or More	97	11.99%, see rank	34.29%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

60416 Zip Code	14.90% of the Total Income
Illinois	13.50% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	60416 Zip Code	%	Illinois	U.S.
10% or Less	271	33.50%, see rank	34.64%	40.19%
10% to 20%	272	33.62%, see rank	34.00%	31.47%
20% to 30%	82	10.14%, see rank	13.55%	12.24%
30% to 40%	69	8.53%, see rank	6.36%	5.64%
40% or More	109	13.47%, see rank	10.25%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	60416 Zip Code	Illinois	U.S.
Total Housing Units	3,686, 100%	5,299,433	132,741,033
1-unit, Detached	2,466, 66.90%, see rank	58.58%	61.65%
1-unit, Attached	450, 12.21%, see rank	5.85%	5.82%
2 Units	157, 4.26%, see rank	5.71%	3.75%
3 or 4 Units	163, 4.42%, see rank	6.80%	4.43%
5 to 9 Units	210, 5.70%, see rank	6.22%	4.78%
10 or More Units	30, 0.81%, see rank	14.23%	13.08%
Mobile Home, Boat, RV, Van, etc.	210, 5.70%, see rank	2.61%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	60416 Zip Code	Illinois	U.S.
Total Housing Units	3,686, 100%	5,299,433	132,741,033
1 Room	0, 0.00%, see rank	2.20%	1.95%
2 Rooms	30, 0.81%, see rank	2.22%	2.48%
3 Rooms	196, 5.32%, see rank	8.27%	9.13%
4 Rooms	577, 15.65%, see rank	16.08%	16.60%
5 Rooms	959, 26.02%, see rank	20.31%	20.41%
6 Rooms	721, 19.56%, see rank	18.17%	18.06%
7 Rooms	558, 15.14%, see rank	12.12%	12.27%
8 Rooms	336, 9.12%, see rank	8.93%	8.48%
9 Rooms or More	309, 8.38%, see rank	11.70%	10.60%
Median Rooms	5.60, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	60416 Zip Code	Illinois	U.S.
Total Housing Units	3,686, 100%	5,299,433	132,741,033
No Bedroom	0, 0.00%, see rank	2.50%	2.17%
1 Bedroom	205, 5.56%, see rank	11.67%	11.16%
2 Bedrooms	959, 26.02%, see rank	29.01%	26.69%
3 Bedrooms	1,973, 53.53%, see rank	36.76%	39.70%
4 Bedrooms	526, 14.27%, see rank	15.97%	16.05%
5 or More Bedrooms	23, 0.62%, see rank	4.10%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	60416 Zip Code	Illinois	U.S.
Total Housing Units	3,408, 100%	4,778,633	116,211,092
Utility Gas	3,049, 89.47%, see rank	79.46%	48.85%
Bottled, Tank, or LP Gas	40, 1.17%, see rank	4.08%	4.86%
Electricity	319, 9.36%, see rank	14.82%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.20%	5.86%
Coal or Coke	0, 0.00%, see rank	0.02%	0.12%
Wood	0, 0.00%, see rank	0.50%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.45%	0.47%
No Fuel Used	0, 0.00%, see rank	0.46%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	60416 Zip Code	Illinois	U.S.
Occupied Units Paying Rent	840, 100%	1,513,617	39,201,928
$199 or Less	7, 0.83%, see rank	1.84%	1.50%
$200 to $299	0, 0.00%, see rank	3.23%	3.18%
$300 to $499	64, 7.62%, see rank	7.28%	7.37%
$500 to $699	56, 6.67%, see rank	15.00%	16.01%
$700 to $999	353, 42.02%, see rank	33.11%	29.17%
$1,000 to $1,499	330, 39.29%, see rank	26.04%	26.88%
$1,500 to $1,999	30, 3.57%, see rank	8.81%	9.79%
$2,000 or More	0, 0.00%, see rank	4.70%	6.10%
Median	$954, see rank	$903	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	60416 Zip Code	Illinois	U.S.
Occupied Housing Units	3,408, 100%	4,778,633	116,211,092
No Vehicles Available	192, 5.63%, see rank	10.79%	9.12%
1 Vehicles Available	1,032, 30.28%, see rank	35.14%	33.80%
2 Vehicles Available	1,462, 42.90%, see rank	36.99%	37.48%
3 or More Vehicles Available	722, 21.19%, see rank	17.09%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.