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Area data

Chicago, IL — ZIP 60602

Population: 1,480 (Census ACS)

The median home value in ZIP 60602 (Chicago, IL) is $295,141 — down 8.3% over the past year. Homes sell for a median $720,000 after a median 131 days on market. Typical rent runs $2,574/month. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with coldwave, heatwave, icestorm the top-rated hazards. Cost of living is 2.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$295,141

Median home value

-8.3%

1-year change

131

Median days on market

Very High

Hazard risk (county)

Home values & appreciation

Median home value
$295,141
1-year appreciation
-8.3%
3-year appreciation
-24.9%
5-year appreciation
-36.3%
10-year appreciation
-53.1%
All-time peak (2014-03)
$661,106
House Price Index (state)
325.3 (+6.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$720,000
Median list price
$542,500
Median price per sqft
$471
1-year sale-price change
+129.7%
Median days on market
131 days
Homes sold (recent period)
15
For-sale inventory
14
Sale-to-list ratio
97.4%
Active listings
19
1-year forecast
-1.3%
New listings (monthly)
6

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,574/mo
Studio fair-market rent
$2,220/mo
1BR fair-market rent
$2,370/mo
2BR fair-market rent
$2,670/mo
3BR fair-market rent
$3,440/mo
4BR fair-market rent
$3,980/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
0
Middle schools
0
High schools
2
Charter schools
2
Schools include
YCCS-Innovations of Arts Integr, Noble St Chtr-Muchin College Prep

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very High
Top hazards (county)
coldWave, heatWave, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coastalFlooding: Relatively Low · coldWave: Very High · earthquake: Relatively High · hail: Relatively High · heatWave: Very High · iceStorm: Very High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 28% of US counties
Buildings in wildfire direct-exposure zone
1.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Acme Steel Coke Plant (13.9 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
58.0°F
Average low
45.0°F
Annual precipitation
46.8 in
Annual snowfall
20.9 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Moderate air quality
227
Days with Unhealthy air quality
5
Highest AQI recorded (year)
223

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
18.3 / 20
Transit service frequency
115
Jobs reachable by car (30 min)
494,394
Jobs reachable by transit (45 min)
360,024

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (13 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
10
Nearest airport
Chicago Midway International Airport (MDW) (9 mi)
Nearest major airport
Chicago Midway International Airport (MDW) (9 mi)
Hospitals nearby (~15 mi)
43
Hospitals include
NORTHSHORE UNIVERSITY HEALTHSYSTEM - EVANSTON HOSPITAL, MT SINAI HOSPITAL MEDICAL CENTER, WEST SUBURBAN MEDICAL CENTER
Avg hospital rating (CMS)
2.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
280
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-29,533 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,970
Housing built before 1970
49.2%
Housing built 2000 or later
28.4%
Median annual property tax
$4,718
Households with broadband internet
66.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 60602State medianUS median
Median home value$295,141$195,432$289,727
Median sale price$720,000$212,000$325,000
Median days on market131 days48 days51 days
Typical rent$2,574/mo$1,800/mo$1,808/mo
Median annual property tax$4,718$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 60602?
$295,141.
What is the median sale price in ZIP 60602?
$720,000.
How long do homes take to sell in ZIP 60602?
Median days on market: 131 days.
What is typical rent in ZIP 60602?
Typical rent: $2,574/month.
What is the natural-hazard risk in ZIP 60602?
Overall risk: Very High (FEMA NRI, county-level). Top hazards: coldWave, heatWave, iceStorm, inlandFlooding, lightning.
Is ZIP 60602 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 60602?
Risk to homes is higher than 28% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 60602?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 60602?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 60602?
2 schools (2 high) (NCES, 2022-23).
Is ZIP 60602 walkable?
Walkability index: 18.3/20 (EPA Smart Location Database).
What is the air quality in ZIP 60602?
Moderate. Median AQI: 57. (EPA AQI).
What is the cost of living in ZIP 60602?
Regional Price Parity: 97.3 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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