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Schaumburg village, IL

ZIP 60173 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60173

Median Home Value
$311,200
Median Rent
$1,682
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,999/mo PITI).

20%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

15.4 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 60173 in Schaumburg village, IL, a household would need roughly $86,000 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 $1,999. That sits below the local median household income ($99,975), 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
31.9%-51% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
95.8%+10% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
33.9%-11% vs US avg
x
$311,200
Home Value
$1,682
Rent
1984
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached10.3%
  • 1-unit attached17.1%
  • 2-9 units21.5%
  • 10+ units50.6%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$311,200
Median rent$1,682
Owner-occupied31.9%
Vacant4.7%
Price-to-income3.1x
Est. income to buy$86,000