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River Grove village, IL

ZIP 60171 — 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 60171

Median Home Value
$244,700
Median Rent
$1,173
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,572/mo PITI).

19%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.4 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 60171 in River Grove village, IL, a household would need roughly $67,000 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 $1,572. That sits below the local median household income ($74,793), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.6%-9% vs US avg
x
Vacancy Rate
7.8%-24% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
12.1%-5% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.8%-72% vs US avg
x
Mortgage-Free
41.0%+7% vs US avg
x
$244,700
Home Value
$1,173
Rent
1961
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached47.8%
  • 1-unit attached1.1%
  • 2-9 units30.5%
  • 10+ units20.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$244,700
Median rent$1,173
Owner-occupied59.6%
Vacant7.8%
Price-to-income3.3x
Est. income to buy$67,000