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Steward village, IL

ZIP 60553 — 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 60553

Median Home Value
$173,200
Median Rent
$1,102
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,113/mo PITI).

12%
Rent-to-Income Ratio

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

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.1 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 60553 in Steward village, IL, a household would need roughly $48,000 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 $1,113. That sits below the local median household income ($110,938), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
86.1%+32% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
97.0%+12% vs US avg
x
4+ Bedrooms
12.9%-13% vs US avg
x
Built Pre-1939
2.4%-82% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
33.3%-33% vs US avg
x
Mortgage-Free
32.4%-15% vs US avg
x
$173,200
Home Value
$1,102
Rent
1943
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached96.1%
  • 1-unit attached0.0%
  • 2-9 units1.2%
  • 10+ units0.0%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$173,200
Median rent$1,102
Owner-occupied86.1%
Vacant7.1%
Price-to-income1.6x
Est. income to buy$48,000