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Piper City village, IL

ZIP 60959 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60959

Median Home Value
$91,000
Median Rent
$564
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$585/mo PITI).

14%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.4 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 60959 in Piper City village, IL, a household would need roughly $25,000 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 $585. That sits below the local median household income ($49,722), 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
68.5%+5% vs US avg
x
Vacancy Rate
8.8%-15% vs US avg
x
Broadband Access
83.1%-4% vs US avg
x
4+ Bedrooms
1.7%-88% vs US avg
x
Built Pre-1939
9.8%-23% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
42.8%+12% vs US avg
x
$91,000
Home Value
$564
Rent
1949
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached85.9%
  • 1-unit attached0.0%
  • 2-9 units11.1%
  • 10+ units2.4%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,000
Median rent$564
Owner-occupied68.5%
Vacant8.8%
Price-to-income1.8x
Est. income to buy$25,000