ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60053 vs 60108
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 | ZIP60053Morton Grove, IL | ZIP60108Bloomingdale, IL |
|---|---|---|
| Home value | ||
| Typical home value | $436,806 | Better: $437,784 |
| 1-year appreciation | Better: +7.1% | +4.6% |
| 5-year CAGR | Better: +6.5% | +6.3% |
| 10-year CAGR | Better: +5.0% | +5.0% |
| Rent & investment | ||
| Monthly rent | Better: $2,438 | $2,496 |
| Gross yield | 6.7% | Better: 6.8% |
| Cap rate | 4.0% | Better: 4.1% |
| Property tax | ||
| Effective tax rate | Better: 2.0% | 2.1% |
| Typical annual tax | Better: $8,953 | $9,330 |
| Demographics | ||
| Population | 24,619 | 23,604 |
| Median household income | Better: $111,116 | $103,392 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Relatively High |
| Net migration | -14,346 | Better: -3,705 |
| Schools | ||
| Public schools | 7 | 9 |
| Students enrolled | 2,599 | 2,393 |