dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +2.9% YoY. inventory, +14.4% YoY, is the number to watch.
The median listing price is up 2.9% YoY while the median home got down 1.3% bigger, so value per square foot is down 0.3%.
U.S. Census ACS characteristics for ZIP 60503 itself, not its parent county.
Renters hold 9.8% of this ZIP's 5,246 occupied households, on a median household income of $137K.
| Measure | ZIP 60503 | Will County | Difference |
|---|---|---|---|
| Median Household Income | $137K | $110K | +$27K |
| Below Poverty Level | 2.0% | 7.3% | -5.3% |
| Median Age | 34.90 | 39.10 | -4.20 |
| Total Population | 16,789 | 701,462 | -- |
| Avg Household Size | 3.20 | 2.84 | +0.36 |
| Owner-Occupied | 90.2% | 82.8% | +7.4% |
| Worked From Home | 29.2% | 14.7% | +14.5% |
| Mean Commute | 31.70 | 31.40 | +0.30 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.4% to 701,462: residents under 18 are down 1.2% and those 65 and over are up 3.9%.
County median household income is $110K, 7.3% of residents are below the poverty level, 14.7% work from home.