US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 62217
  5. Housing & Real Estate
Baldwin village, IL

ZIP 62217 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62217

Median Home Value
$137,500
Median Rent
$616
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$883/mo PITI).

11%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.6 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 62217 in Baldwin village, IL, a household would need roughly $38,000 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 $883. That sits below the local median household income ($69,583), 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 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.2%+33% vs US avg
x
Vacancy Rate
16.1%+56% vs US avg
x
Broadband Access
80.1%-8% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
66.7%+34% vs US avg
x
Mortgage-Free
59.4%+55% vs US avg
x
$137,500
Home Value
$616
Rent
1978
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached79.2%
  • 1-unit attached0.0%
  • 2-9 units2.7%
  • 10+ units0.0%
  • Mobile home & other18.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$137,500
Median rent$616
Owner-occupied87.2%
Vacant16.1%
Price-to-income2.0x
Est. income to buy$38,000