US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 62059
  5. Housing & Real Estate
Brooklyn village, IL

ZIP 62059 — 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 62059

Median Home Value
$37,200
Median Rent
$467
Affordability Snapshot
$10,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$239/mo PITI).

15%
Rent-to-Income Ratio

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

1.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

6.6 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 62059 in Brooklyn village, IL, a household would need roughly $10,000 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 $239. That sits below the local median household income ($37,656), 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 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
46.5%-29% vs US avg
x
Vacancy Rate
24.9%+141% vs US avg
x
Broadband Access
71.3%-18% vs US avg
x
4+ Bedrooms
4.9%-67% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
48.3%-3% vs US avg
x
Mortgage-Free
70.3%+84% vs US avg
x
$37,200
Home Value
$467
Rent
1965
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached55.2%
  • 1-unit attached0.0%
  • 2-9 units43.2%
  • 10+ units0.0%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$37,200
Median rent$467
Owner-occupied46.5%
Vacant24.9%
Price-to-income1.0x
Est. income to buy$10,000