How much is a home worth in ZIP code 60302?

The typical home in 60302 is worth $452,167, based on the Zillow Home Value Index.

Are home values rising in 60302?

Home values in 60302 are up 9.1% over the past year, and up 4.0% a year over five years.

What is the typical rent in 60302?

A typical home in 60302 rents for about $1,957 a month, a gross rental yield of 5.2%.

What is the property tax rate in 60302?

The effective property tax rate in 60302 is 2.5% — roughly $11,375 a year on a typical home.

ZIP code 60302 has a population of 32,862 and a median household income of $100,680.

HousingHandbookReference data

…

U.S. ZIP Code · IL60302

Cook County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$452,167^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +9.1%
5-year / yr: +4.0%
10-year / yr: +3.1%

Relative price

vs U.S.: +59.2%
vs metro: +34.2%
vs state: +136.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60302 is worth $452,167 — 34.2% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 9.1%. Homes here rent for a typical $1,957 a month — a 5.2% gross rental yield. The effective property tax rate is 2.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,957^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.5%^[3]
Typical annual tax: $11,375^[3]

#Climate risk

FEMA National Risk Index ratings for Cook County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 32,862^[3]
Median household income: $100,680^[3]

#Migration

Household moves in and out of Cook County over a year, from IRS tax-return data.

Net migration: -14,346^[5]
Moved in: 86,012
Moved out: 100,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 5
Middle: 2
High: 1

Oak Park & River Forest High Sch
High · Grades 9–12 · Oak Park - River Forest SD 200
3,256 students
Gwendolyn Brooks Middle School
Middle · Grades 6–8 · Oak Park ESD 97
981 students
Percy Julian Middle School
Middle · Grades 6–8 · Oak Park ESD 97
902 students
Oliver W Holmes Elem School
Elementary · Grades PK–5 · Oak Park ESD 97
534 students
Horace Mann Elem School
Elementary · Grades K–5 · Oak Park ESD 97
420 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$23,482

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,286

Loan principal$361,733

Down payment$90,433

Total interest paid$461,371

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.85

Monthly cost to own$3,613

Monthly rent$1,957

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 16th percentile^[1]
Rental yield: 16th percentile^[2]
Property tax: 93rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60302?: The typical home in 60302 is worth $452,167, based on the Zillow Home Value Index.
Are home values rising in 60302?: Home values in 60302 are up 9.1% over the past year, and up 4.0% a year over five years.
What is the typical rent in 60302?: A typical home in 60302 rents for about $1,957 a month, a gross rental yield of 5.2%.
What is the property tax rate in 60302?: The effective property tax rate in 60302 is 2.5% — roughly $11,375 a year on a typical home.
Who lives in 60302?: ZIP code 60302 has a population of 32,862 and a median household income of $100,680.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

60076 vs 60302 →
Skokie, IL
Typical home
$452,412
Gross yield
5.5%
60631 vs 60302 →
Chicago, IL
Typical home
$452,708
Gross yield
4.7%
60061
Vernon Hills, IL
Typical home
$452,999
Gross yield
6.1%
60451
New Lenox, IL
Typical home
$451,205
Gross yield
—
46373
St. John, IN
Typical home
$453,686
Gross yield
—
60190
Winfield, IL
Typical home
$453,947
Gross yield
—

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Pit ZIP 60302 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60302

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