ZIP comparison · Kankakee, IL
60935 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 | ZIP60935Essex, IL | ZIP60940Grant Park, IL |
|---|---|---|
| Home value | ||
| Typical home value | $289,191 | Better: $291,792 |
| 1-year appreciation | Better: +12.7% | +9.2% |
| 5-year CAGR | Better: +8.5% | +6.2% |
| 10-year CAGR | Better: +6.7% | +5.4% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | Better: 1.5% | 1.8% |
| Typical annual tax | Better: $4,415 | $5,114 |
| Demographics | ||
| Population | 1,259 | 3,322 |
| Median household income | Better: $110,000 | $97,361 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -26 | -26 |
| Schools | ||
| Public schools | — | 2 |
| Students enrolled | — | 444 |