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Algonquin village, IL

ZIP 60102 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60102

Median Home Value
$320,600
Median Rent
$1,681
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,059/mo PITI).

16%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.9 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 60102 in Algonquin village, IL, a household would need roughly $88,000 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 $2,059. That sits below the local median household income ($128,070), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
88.0%+35% vs US avg
x
Vacancy Rate
2.4%-77% vs US avg
x
Broadband Access
95.2%+9% vs US avg
x
4+ Bedrooms
7.0%-53% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
18.8%-62% vs US avg
x
Mortgage-Free
25.3%-34% vs US avg
x
$320,600
Home Value
$1,681
Rent
1993
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached76.0%
  • 1-unit attached16.7%
  • 2-9 units3.1%
  • 10+ units4.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$320,600
Median rent$1,681
Owner-occupied88.0%
Vacant2.4%
Price-to-income2.5x
Est. income to buy$88,000