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Kane village, IL

ZIP 62054 — 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 62054

Median Home Value
$87,800
Median Rent
$450
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$564/mo PITI).

9%
Rent-to-Income Ratio

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

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.3 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 62054 in Kane village, IL, a household would need roughly $24,000 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 $564. That sits below the local median household income ($58,456), 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 44% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
82.7%+26% vs US avg
x
Vacancy Rate
43.9%+326% vs US avg
x
Broadband Access
79.0%-9% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
61.8%+62% vs US avg
x
$87,800
Home Value
$450
Rent
1954
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached77.6%
  • 1-unit attached0.0%
  • 2-9 units8.4%
  • 10+ units0.0%
  • Mobile home & other13.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$87,800
Median rent$450
Owner-occupied82.7%
Vacant43.9%
Price-to-income1.5x
Est. income to buy$24,000