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Toledo village, IL

ZIP 62468 — 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 62468

Median Home Value
$108,400
Median Rent
$454
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$696/mo PITI).

8%
Rent-to-Income Ratio

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

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.9 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 62468 in Toledo village, IL, a household would need roughly $30,000 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 $696. That sits below the local median household income ($67,708), 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
78.8%+20% vs US avg
x
Vacancy Rate
9.5%-8% vs US avg
x
Broadband Access
86.7%-0% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
13.5%+5% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.9%-74% vs US avg
x
Mortgage-Free
55.9%+46% vs US avg
x
$108,400
Home Value
$454
Rent
1970
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 detached85.6%
  • 1-unit attached0.0%
  • 2-9 units3.0%
  • 10+ units0.8%
  • Mobile home & other10.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$108,400
Median rent$454
Owner-occupied78.8%
Vacant9.5%
Price-to-income1.6x
Est. income to buy$30,000