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Tolono village, IL

ZIP 61880 — 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 61880

Median Home Value
$227,300
Median Rent
$691
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,460/mo PITI).

9%
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.

27.4 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 61880 in Tolono village, IL, a household would need roughly $63,000 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 $1,460. That sits below the local median household income ($89,139), 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
76.2%+17% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
98.6%+13% vs US avg
x
4+ Bedrooms
9.5%-36% vs US avg
x
Built Pre-1939
0.7%-94% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
7.8%-84% vs US avg
x
Mortgage-Free
46.3%+21% vs US avg
x
$227,300
Home Value
$691
Rent
1981
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 detached78.1%
  • 1-unit attached1.9%
  • 2-9 units3.5%
  • 10+ units10.3%
  • Mobile home & other6.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$227,300
Median rent$691
Owner-occupied76.2%
Vacant6.0%
Price-to-income2.5x
Est. income to buy$63,000