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Loves Park city, IL

ZIP 61111 — 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 61111

Median Home Value
$143,700
Median Rent
$905
Affordability Snapshot
$40,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$923/mo PITI).

19%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.2 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 61111 in Loves Park city, IL, a household would need roughly $40,000 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 $923. That sits below the local median household income ($58,391), 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
61.9%-5% vs US avg
x
Vacancy Rate
3.9%-62% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
22.6%-55% vs US avg
x
Mortgage-Free
39.0%+2% vs US avg
x
$143,700
Home Value
$905
Rent
1984
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 detached57.8%
  • 1-unit attached10.8%
  • 2-9 units20.8%
  • 10+ units5.9%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$143,700
Median rent$905
Owner-occupied61.9%
Vacant3.9%
Price-to-income2.5x
Est. income to buy$40,000