Area data
Chicago, IL — ZIP 60616
Population: 54,308 (Census ACS)
Home values & appreciation
- Median home value
- $346,649
- 1-year appreciation
- -1.3%
- 3-year appreciation
- -8.3%
- 5-year appreciation
- -11.2%
- 10-year appreciation
- -3.6%
- All-time peak (2007-04)
- $404,287
- House Price Index
- 325.3 (+6.1% YoY)
Market activity
- Median sale price
- $675,000
- Median list price
- $614,000
- Median days on market
- 52.5 days
- Sale-to-list ratio
- 98.9%
- Active listings
- 15
- 1-year forecast
- +1.4%
- Days to pending
- 44 days
- New listings (monthly)
- 56
Rents
- Typical rent
- $1,858/mo
- 1-year rent change
- +3.7%
- 1BR fair-market rent
- $1,750/mo
- 3BR fair-market rent
- $2,540/mo
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%
Schools
- Total schools
- 14
- Elementary schools
- 8
- Middle schools
- 0
- High schools
- 6
- Charter schools
- 4
Natural hazards & flood risk
- Overall hazard risk
- Very High
- Top hazards
- coldWave, heatWave, iceStorm, inlandFlooding, lightning
- FEMA flood zone
- C
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 48.3 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 57
- Days with Good air quality
- 104
- Days with Unhealthy air quality
- 5
Walkability & transit
- Walkability index
- 18.0 / 20
- Transit service frequency
- 275
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Pullman National Historical Park (10 mi)
- Nearest airport
- Chicago Midway International Airport (MDW) (8 mi)
- Nearest major airport
- Chicago Midway International Airport (MDW) (8 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 1.0 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- -29,533 tax filers
Housing stock
- Median year housing built
- 1,970
- Median annual property tax
- $6,219
- Mean commute to work
- 23 min
- Households with broadband internet
- 73.5%
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
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →