ZIP comparison · Chicago-Naperville-Elgin, IL-IN
60408 vs 60602
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 | ZIP60408Braidwood, IL | ZIP60602Chicago, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $281,033 | $280,338 |
| 1-year appreciation | Better: +4.8% | -9.2% |
| 5-year CAGR | Better: +7.7% | -8.8% |
| 10-year CAGR | Better: +6.2% | -6.8% |
| Rent & investment | ||
| Monthly rent | — | $2,524 |
| Gross yield | — | 10.8% |
| Cap rate | — | 6.5% |
| Property tax | ||
| Effective tax rate | Better: 1.3% | 1.5% |
| Typical annual tax | Better: $3,780 | $4,223 |
| Demographics | ||
| Population | 5,327 | 1,480 |
| Median household income | $95,174 | Better: $126,202 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Very High |
| Net migration | Better: -1,518 | -14,346 |
| Schools | ||
| Public schools | 6 | 2 |
| Students enrolled | 1,375 | 1,446 |