A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already +2.8% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −21.5% YoY, is the number to watch.
The median listing price is up 2.8% YoY while the median home got down 22.1% bigger, so value per square foot is up 16.2%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: 7 BR (no price per sq ft reported).
At the median, a $700K purchase rents for $2,735/mo: 0.39% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Rentals here take about 13 days longer to find a tenant than sales take to go under contract (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 60622 itself, not its parent county.
Renters hold 56.9% of this ZIP's 26,486 occupied households, on a median household income of $136K.
| Measure | ZIP 60622 | Cook County | Difference |
|---|---|---|---|
| Median Household Income | $136K | $83K | +$53K |
| Below Poverty Level | 8.1% | 13.5% | -5.4% |
| Median Age | 32.70 | 38.00 | -5.30 |
| Total Population | 54,609 | 5,182,090 | -- |
| Avg Household Size | 2.05 | 2.43 | -0.38 |
| Owner-Occupied | 43.1% | 57.7% | -14.7% |
| Worked From Home | 37.8% | 18.9% | +18.9% |
| Mean Commute | 29.00 | 31.50 | -2.50 |
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 down 0.1% to 5,182,090: residents under 18 are down 1.7% and those 65 and over are up 2.6%.
County median household income is $83K, 13.5% of residents are below the poverty level, 18.9% work from home.