ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60160 vs 60638
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 | ZIP60160Melrose Park, IL | ZIP60638Chicago, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $317,191 | $317,110 |
| 1-year appreciation | +2.5% | Better: +3.4% |
| 5-year CAGR | +3.5% | Better: +3.8% |
| 10-year CAGR | +5.2% | Better: +5.4% |
| Rent & investment | ||
| Monthly rent | Better: $1,386 | $1,644 |
| Gross yield | 5.2% | Better: 6.2% |
| Cap rate | 3.1% | Better: 3.7% |
| Property tax | ||
| Effective tax rate | 1.8% | Better: 1.4% |
| Typical annual tax | $5,689 | Better: $4,392 |
| Demographics | ||
| Population | 24,549 | 57,074 |
| Median household income | $66,189 | Better: $91,070 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Very High |
| Net migration | -14,346 | -14,346 |
| Schools | ||
| Public schools | 4 | 11 |
| Students enrolled | 2,017 | 7,554 |