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Clarendon Hills village, IL

ZIP 60514 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60514

Median Home Value
$568,300
Median Rent
$1,161
Affordability Snapshot
$156,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,651/mo PITI).

12%
Rent-to-Income Ratio

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

5.0x
Home Price-to-Income Ratio

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

40.8 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 60514 in Clarendon Hills village, IL, a household would need roughly $156,000 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 $3,651. That is about 36% above the local median household income ($114,672), so the median earner would likely stretch or need a larger down payment. 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
77.3%+18% vs US avg
x
Vacancy Rate
2.6%-75% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
11.2%-24% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
20.6%-58% vs US avg
x
Mortgage-Free
22.8%-40% vs US avg
x
$568,300
Home Value
$1,161
Rent
1976
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached65.7%
  • 1-unit attached4.1%
  • 2-9 units17.7%
  • 10+ units12.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$568,300
Median rent$1,161
Owner-occupied77.3%
Vacant2.6%
Price-to-income5.0x
Est. income to buy$156,000