ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60124 vs 60304
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 | ZIP60124Elgin, IL | ZIP60304Oak Park, IL |
|---|---|---|
| Home value | ||
| Typical home value | $502,279 | Better: $504,474 |
| 1-year appreciation | +2.6% | Better: +10.7% |
| 5-year CAGR | Better: +6.7% | +5.1% |
| 10-year CAGR | Better: +5.3% | +3.5% |
| Rent & investment | ||
| Monthly rent | $2,335 | Better: $1,547 |
| Gross yield | Better: 5.6% | 3.7% |
| Cap rate | Better: 3.3% | 2.2% |
| Property tax | ||
| Effective tax rate | Better: 2.3% | 2.5% |
| Typical annual tax | Better: $11,716 | $12,673 |
| Demographics | ||
| Population | 24,487 | 16,955 |
| Median household income | Better: $139,982 | $136,178 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Very High |
| Net migration | Better: -974 | -14,346 |
| Schools | ||
| Public schools | 4 | 3 |
| Students enrolled | 2,595 | 1,634 |