HousingHandbookReference data

U.S. ZIP Code · IL60462

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

Typical home value

$368,374[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.7%
5-year / yr
+5.8%
10-year / yr
+5.1%

Relative price

vs U.S.
+29.7%
vs metro
+9.3%
vs state
+92.6%
ZIP 60462 location in IL
Location of ZIP 60462 in IL

Price history

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

The typical home in 60462 is worth $368,374 — 9.3% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 5.7%. Homes here rent for a typical $2,053 a month — a 6.7% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

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

Monthly rent
$2,053[2]
Gross yield
6.7%[2]
Cap rate
4.0%[2]

#Property tax

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

Effective tax rate
2.0%[3]
Typical annual tax
$7,326[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
41,456[3]
Median household income
$96,526[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
12
Elementary
7
Middle
2
High
1
  • Carl Sandburg High School

    High · Grades 9–12 · Cons HSD 230

    2,906 students

  • Jerling Junior High School

    Middle · Grades 6–8 · Orland SD 135

    648 students

  • Liberty Elem School

    Elementary · Grades 3–5 · Orland SD 135

    595 students

  • Orland Jr High School

    Middle · Grades 6–8 · Orland SD 135

    545 students

  • Prairie Elem School

    Elementary · Grades PK–2 · Orland SD 135

    541 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.

Gross yield6.7%
Net yield (after ~40% expenses)4.0%
Annual rent$24,633

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.

Monthly payment$1,863
Loan principal$294,699
Down payment$73,675
Total interest paid$375,872

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.

Own : rent ratio1.35
Monthly cost to own$2,781
Monthly rent$2,053

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
47th percentile[1]
Rental yield
45th percentile[2]
Property tax
53rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 60462?
The typical home in 60462 is worth $368,374, based on the Zillow Home Value Index.
Are home values rising in 60462?
Home values in 60462 are up 5.7% over the past year, and up 5.8% a year over five years.
What is the typical rent in 60462?
A typical home in 60462 rents for about $2,053 a month, a gross rental yield of 6.7%.
What is the property tax rate in 60462?
The effective property tax rate in 60462 is 2.0% — roughly $7,326 a year on a typical home.
Who lives in 60462?
ZIP code 60462 has a population of 41,456 and a median household income of $96,526.

#Comparable ZIPs

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

  • Minooka, IL

    Typical home
    $368,712
    Gross yield
  • Prospect Heights, IL

    Typical home
    $369,527
    Gross yield
    5.5%
  • Schaumburg, IL

    Typical home
    $369,531
    Gross yield
    6.5%
  • Chicago, IL

    Typical home
    $370,454
    Gross yield
    9.6%
  • Villa Park, IL

    Typical home
    $365,991
    Gross yield
    7.3%
  • Crystal Lake, IL

    Typical home
    $365,797
    Gross yield
    7.4%

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