ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60031 vs 60177
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP60031Gurnee, IL | ZIP60177South Elgin, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $371,787 | $371,629 |
| 1-year appreciation | Better: +5.4% | +3.3% |
| 5-year CAGR | Better: +6.5% | +6.2% |
| 10-year CAGR | +5.2% | Better: +5.9% |
| Rent & investment | ||
| Monthly rent | Better: $1,896 | $2,283 |
| Gross yield | 6.1% | Better: 7.4% |
| Cap rate | 3.7% | Better: 4.4% |
| Property tax | ||
| Effective tax rate | 2.4% | Better: 2.3% |
| Typical annual tax | $8,865 | Better: $8,422 |
| Demographics | ||
| Population | 37,107 | 24,416 |
| Median household income | $111,034 | Better: $126,144 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,128 | Better: -974 |
| Schools | ||
| Public schools | 6 | 6 |
| Students enrolled | 7,704 | 5,708 |