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Lincolnwood village, IL

ZIP 60712 — 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 60712

Median Home Value
$475,400
Median Rent
$3,501
Affordability Snapshot
$131,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,054/mo PITI).

39%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

4.4x
Home Price-to-Income Ratio

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

11.3 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 60712 in Lincolnwood village, IL, a household would need roughly $131,000 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 $3,054. That is about 21% above the local median household income ($107,950), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.4%+29% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
88.2%+1% vs US avg
x
4+ Bedrooms
11.3%-24% vs US avg
x
Built Pre-1939
8.9%-31% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
44.9%-10% vs US avg
x
Mortgage-Free
47.5%+24% vs US avg
x
$475,400
Home Value
$3,501
Rent
1959
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached73.1%
  • 1-unit attached4.4%
  • 2-9 units3.1%
  • 10+ units19.3%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$475,400
Median rent$3,501
Owner-occupied84.4%
Vacant7.9%
Price-to-income4.4x
Est. income to buy$131,000