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Macedonia village, IL

ZIP 62860 — 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 62860

Median Home Value
$114,600
Median Rent
$353
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$736/mo PITI).

5%
Rent-to-Income Ratio

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

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.1 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 62860 in Macedonia village, IL, a household would need roughly $32,000 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 $736. That sits below the local median household income ($77,574), 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 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.7%+36% vs US avg
x
Vacancy Rate
21.9%+113% vs US avg
x
Broadband Access
71.3%-18% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
1.3%-82% vs US avg
x
Rent Burden >30%
38.1%-23% vs US avg
x
Mortgage-Free
49.4%+29% vs US avg
x
$114,600
Home Value
$353
Rent
1983
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached74.3%
  • 1-unit attached3.4%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other22.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$114,600
Median rent$353
Owner-occupied88.7%
Vacant21.9%
Price-to-income1.5x
Est. income to buy$32,000