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ZIP Code 60954

Learn about the people, housing, costs and businesses in 60954

Median Home$171,882
Median Rent$807/month
Population5,553
Leading IndustriesTransportation · Finance & Insurance · Retail7% transportation
Home Value Growth⬆⬆+13.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners75% of occupied units
NotableAffordable Market$172k median home · lower cost than 69% of the country
ZIP Code
60954

Frequently Asked Questions

What are today's mortgage rates in ZIP code 60954?

As of today, the 30-year fixed mortgage rate for ZIP code 60954 is approximately 6.996% (7.008% 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 60954
What is the median home price in ZIP code 60954?

The median home value in ZIP code 60954 is $172k. The median monthly rent is $807. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 60954?

Home values in ZIP code 60954 have increased 13.3% 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 60954?

Based on a typical all-in ownership cost of $924/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 60954 is $70k/year.

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What industries drive the economy in ZIP code 60954?

The largest employment sectors in ZIP code 60954 are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.