ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60131 vs 60450
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 | ZIP60131Franklin Park, IL | ZIP60450Morris, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $312,395 | $311,673 |
| 1-year appreciation | +4.0% | Better: +5.0% |
| 5-year CAGR | Better: +5.9% | +5.1% |
| 10-year CAGR | Better: +6.5% | +4.8% |
| Rent & investment | ||
| Monthly rent | $1,700 | Better: $1,453 |
| Gross yield | Better: 6.5% | 5.6% |
| Cap rate | Better: 3.9% | 3.4% |
| Property tax | ||
| Effective tax rate | 2.2% | Better: 1.8% |
| Typical annual tax | $6,891 | Better: $5,682 |
| Demographics | ||
| Population | 18,054 | 20,783 |
| Median household income | $76,658 | Better: $81,777 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Relatively Low |
| Net migration | -14,346 | Better: -1 |
| Schools | ||
| Public schools | 7 | 9 |
| Students enrolled | 3,102 | 2,871 |