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

Grundy County

ZIP 60450

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 60450

Median home value

Gross yield

Buy Box score

0.7

Section 8 gap

Affordability

P/I: 3.3R/I: 16.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
604241.0
60407$259,200$1,5907.4%0.939.8%
604440.9
60416$259,200$1,4006.5%0.923.1%
604500.7
60437
60474
60479

Sort by any column. Click a ZIP for detail.

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