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Chicago Park

Learn about the people, housing, costs and businesses in Chicago Park, California

Median Home$151,732
Median Rent$856/month
Population24,794
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services13% healthcare
Home Value Growth+10.6% over 2 years
Young Adults36% of residentstop 3% nationally
Renters65% of occupied units
NotableHighly Educated28% bachelor's · 14% graduate · top 7% nationally
NotableAffordable Market$152k median home · lower cost than 92% of the country
Chicago Park
CA

Frequently Asked Questions

What are today's mortgage rates in Chicago Park?

As of today, the 30-year fixed mortgage rate for Chicago Park is approximately 7.153% (7.200% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chicago Park?

The median home value in Chicago Park is $152k. The median monthly rent is $856. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chicago Park?

Home values in Chicago Park have increased 10.6% 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 Chicago Park?

Based on a typical all-in ownership cost of $855/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chicago Park is $49k/year.

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What industries drive the economy in Chicago Park?

The largest employment sectors in Chicago Park are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.