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Woodland village, IL

ZIP 60974 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60974

Median Home Value
$91,000
Median Rent
$555
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$585/mo PITI).

12%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.7 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 60974 in Woodland village, IL, a household would need roughly $25,000 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 $585. That sits below the local median household income ($54,375), 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

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.6%+16% vs US avg
x
Vacancy Rate
12.1%+17% vs US avg
x
Broadband Access
74.8%-14% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
7.4%-42% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.8%-62% vs US avg
x
Mortgage-Free
52.5%+38% vs US avg
x
$91,000
Home Value
$555
Rent
1968
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached84.6%
  • 1-unit attached3.4%
  • 2-9 units3.4%
  • 10+ units0.0%
  • Mobile home & other8.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,000
Median rent$555
Owner-occupied75.6%
Vacant12.1%
Price-to-income1.7x
Est. income to buy$25,000