ZIP comparison · Kankakee, IL
60914 vs 60940
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 | ZIP60914Bourbonnais, IL | ZIP60940Grant Park, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $298,449 | $291,792 |
| 1-year appreciation | +5.1% | Better: +9.2% |
| 5-year CAGR | Better: +6.9% | +6.2% |
| 10-year CAGR | Better: +5.6% | +5.4% |
| Rent & investment | ||
| Monthly rent | $1,470 | — |
| Gross yield | 5.9% | — |
| Cap rate | 3.5% | — |
| Property tax | ||
| Effective tax rate | 2.1% | Better: 1.8% |
| Typical annual tax | $6,387 | Better: $5,114 |
| Demographics | ||
| Population | 28,673 | 3,322 |
| Median household income | $86,223 | Better: $97,361 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -26 | -26 |
| Schools | ||
| Public schools | 7 | 2 |
| Students enrolled | 2,723 | 444 |