Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 60561

Learn about the people, housing, costs and businesses in 60561

Median Home$405,557
Median Rent$1,622/month
Population25,163
Leading IndustriesInformation & Media · Finance & Insurance · Education10% information & media
Home Value Growth⬆⬆+18.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners77% of occupied units
NotableHighly Educated30% bachelor's · 14% graduate · top 11% nationally
NotableHigh Incomes$111k/year · top 13% nationally
ZIP Code
60561

Frequently Asked Questions

What are today's mortgage rates in ZIP code 60561?

As of today, the 30-year fixed mortgage rate for ZIP code 60561 is approximately 6.891% (6.897% 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 60561
What is the median home price in ZIP code 60561?

The median home value in ZIP code 60561 is $406k. The median monthly rent is $1,622. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 60561?

Home values in ZIP code 60561 have increased 18.6% over the past two years. This indicates a strong appreciation trend. 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 60561?

Based on a typical all-in ownership cost of $1,587/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 60561 is $111k/year.

Calculate your buying power
What industries drive the economy in ZIP code 60561?

The largest employment sectors in ZIP code 60561 are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.