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Joliet city, IL

ZIP 60433 — 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 60433

Median Home Value
$167,800
Median Rent
$1,092
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,078/mo PITI).

21%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.8 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 60433 in Joliet city, IL, a household would need roughly $46,000 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 $1,078. That sits below the local median household income ($60,987), 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
64.2%-2% vs US avg
x
Vacancy Rate
9.0%-12% vs US avg
x
Broadband Access
85.0%-2% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
21.3%-57% vs US avg
x
Mortgage-Free
46.2%+21% vs US avg
x
$167,800
Home Value
$1,092
Rent
1956
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached77.9%
  • 1-unit attached2.3%
  • 2-9 units12.3%
  • 10+ units7.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$167,800
Median rent$1,092
Owner-occupied64.2%
Vacant9.0%
Price-to-income2.8x
Est. income to buy$46,000