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Anchor village, IL

ZIP 61720 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 61720

Median Home Value
$103,500
Median Rent
$710
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$665/mo PITI).

11%
Rent-to-Income Ratio

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

1.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.1 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 61720 in Anchor village, IL, a household would need roughly $28,000 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 $665. That sits below the local median household income ($75,000), 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

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
23.7%+130% vs US avg
x
Broadband Access
81.0%-7% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
7.2%-43% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
35.3%-29% vs US avg
x
Mortgage-Free
31.3%-18% vs US avg
x
$103,500
Home Value
$710
Rent
1962
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached96.7%
  • 1-unit attached0.0%
  • 2-9 units3.3%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$103,500
Median rent$710
Owner-occupied85.3%
Vacant23.7%
Price-to-income1.4x
Est. income to buy$28,000