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ZIP Code 60461

Learn about the people, housing, costs and businesses in 60461

Median Home$285,544
Median Rent$2,532/month
Population6,993
Leading IndustriesProfessional Services · Finance & Insurance · Information & Media5% professional services
Home Value Growth+7.8% over 2 years
Retirees28% of residentsabove average nationally
Homeowners86% of occupied units
NotableHigh Incomes$104k/year · top 16% nationally
NotableHighly Educated24% bachelor's · 16% graduate · top 23% nationally
ZIP Code
60461

Frequently Asked Questions

What are today's mortgage rates in ZIP code 60461?

As of today, the 30-year fixed mortgage rate for ZIP code 60461 is approximately 7.000% (7.009% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 60461
What is the median home price in ZIP code 60461?

The median home value in ZIP code 60461 is $286k. The median monthly rent is $2,532. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 60461?

Home values in ZIP code 60461 have increased 7.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 60461?

Based on a typical all-in ownership cost of $2,029/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 60461 is $104k/year.

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What industries drive the economy in ZIP code 60461?

The largest employment sectors in ZIP code 60461 are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.