Chicago-Naperville-Elgin, IL-IN-WI · Illinois

Grundy County

52,920 residents107 permits TTM$93,060 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$259,200

ACS 5-Year

Cap rate proxy

6.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.7%

HUD FMR ÷ ACS HHI

Net migration

+2.57%

IRS SOI

Permits (TTM)

107

Census BPS

Climate risk

66.5

FEMA NRI (0–100)

ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
60407$217,730$1,5908.8%6.3%28.5%
604246.0%36.2%
604745.3%36.2%
604375.3%36.2%
604445.2%36.2%

Ranked by composite score

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Demographics

Owner-occupied

75.8%

Census ACS

Vacancy rate

3.8%

Census ACS

Bachelor's degree +

24.2%

Census ACS

Rent burdened

43.0%

Census ACS (>30% income)

Median age

38.6

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026