HousingHandbookReference data

U.S. ZIP Code · IL60629

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

Typical home value

$265,071[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+3.9%
10-year / yr
+6.6%

Relative price

vs U.S.
-6.7%
vs metro
-21.3%
vs state
+38.6%
ZIP 60629 location in IL
Location of ZIP 60629 in IL

Price history

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

The typical home in 60629 is worth $265,071 — 21.3% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 1.7%. Homes here rent for a typical $1,439 a month — a 6.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent
$1,439[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$3,239[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
108,324[3]
Median household income
$60,826[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
21
Elementary
15
Middle
1
High
4
  • Hubbard High School

    High · Grades 9–12 · Chicago Public Schools Dist 299

    1,792 students

  • Catalyst Charter - Maria ES

    Other · Grades K–12 · Chicago Public Schools Dist 299

    1,102 students

  • Marquette Elem School

    Elementary · Grades PK–8 · Chicago Public Schools Dist 299

    1,034 students

  • Eberhart Elem School

    Elementary · Grades PK–8 · Chicago Public Schools Dist 299

    1,016 students

  • Tarkington Elem School

    Elementary · Grades PK–8 · Chicago Public Schools Dist 299

    861 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 yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$17,263

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$1,340
Loan principal$212,057
Down payment$53,014
Total interest paid$270,467

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 ratio1.27
Monthly cost to own$1,831
Monthly rent$1,439

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
14th percentile[1]
Rental yield
41st percentile[2]
Property tax
15th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 60629?
The typical home in 60629 is worth $265,071, based on the Zillow Home Value Index.
Are home values rising in 60629?
Home values in 60629 are up 1.7% over the past year, and up 3.9% a year over five years.
What is the typical rent in 60629?
A typical home in 60629 rents for about $1,439 a month, a gross rental yield of 6.5%.
What is the property tax rate in 60629?
The effective property tax rate in 60629 is 1.2% — roughly $3,239 a year on a typical home.
Who lives in 60629?
ZIP code 60629 has a population of 108,324 and a median household income of $60,826.

#Comparable ZIPs

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

  • Matteson, IL

    Typical home
    $266,076
    Gross yield
    12.3%
  • Highland, IN

    Typical home
    $266,748
    Gross yield
    7.1%
  • Chicago, IL

    Typical home
    $267,004
    Gross yield
    9.0%
  • Stone Park, IL

    Typical home
    $262,508
    Gross yield
  • Cicero, IL

    Typical home
    $268,068
    Gross yield
    5.8%
  • Waukegan, IL

    Typical home
    $262,047
    Gross yield
    7.0%

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