US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 60402
  5. Housing & Real Estate
Berwyn city, IL

ZIP 60402 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60402

Median Home Value
$277,800
Median Rent
$1,050
Affordability Snapshot
$76,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,785/mo PITI).

17%
Rent-to-Income Ratio

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

3.8x
Home Price-to-Income Ratio

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

22.0 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 60402 in Berwyn city, IL, a household would need roughly $76,000 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 $1,785. That is roughly in line with the local median household income ($73,993). 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
64.1%-2% vs US avg
x
Vacancy Rate
7.8%-24% vs US avg
x
Broadband Access
91.0%+5% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
25.6%-48% vs US avg
x
Mortgage-Free
32.9%-14% vs US avg
x
$277,800
Home Value
$1,050
Rent
1938
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 detached55.6%
  • 1-unit attached0.7%
  • 2-9 units35.7%
  • 10+ units7.7%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$277,800
Median rent$1,050
Owner-occupied64.1%
Vacant7.8%
Price-to-income3.8x
Est. income to buy$76,000