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Fox Lake village, IL

ZIP 60020 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60020

Median Home Value
$215,700
Median Rent
$976
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,386/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60020 in Fox Lake village, IL, a household would need roughly $59,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,386. That sits below the local median household income ($71,028), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.0%+10% vs US avg
x
Vacancy Rate
9.0%-12% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
23.3%-53% vs US avg
x
Mortgage-Free
30.9%-19% vs US avg
x
$215,700
Home Value
$976
Rent
1982
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached48.7%
  • 1-unit attached27.2%
  • 2-9 units16.2%
  • 10+ units7.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$215,700
Median rent$976
Owner-occupied72.0%
Vacant9.0%
Price-to-income3.0x
Est. income to buy$59,000