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Shorewood village, IL

ZIP 60404 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60404

Median Home Value
$319,800
Median Rent
$1,657
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,054/mo PITI).

16%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.1 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 60404 in Shorewood village, IL, a household would need roughly $88,000 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 $2,054. That sits below the local median household income ($121,696), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
94.0%+44% vs US avg
x
Vacancy Rate
4.3%-58% vs US avg
x
Broadband Access
93.5%+7% vs US avg
x
4+ Bedrooms
6.0%-59% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
39.3%-21% vs US avg
x
Mortgage-Free
34.7%-9% vs US avg
x
$319,800
Home Value
$1,657
Rent
2000
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached81.0%
  • 1-unit attached13.9%
  • 2-9 units0.9%
  • 10+ units3.0%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$319,800
Median rent$1,657
Owner-occupied94.0%
Vacant4.3%
Price-to-income2.6x
Est. income to buy$88,000