ZIP Code 60016

ZIP Code 60016: frequently asked questions

What is the median home value in ZIP Code 60016?

The median home value in ZIP Code 60016 is $320,400, higher than 72% of U.S. ZIP codes.

How much is property tax in ZIP Code 60016?

The median annual property tax in ZIP Code 60016 is $5,901, an effective rate of 2% of home value.

Is ZIP Code 60016 expensive to live in?

Homes in ZIP Code 60016 cost about 3.7× the median household income, higher than 69% of U.S. ZIP codes.

What is the average rent in ZIP Code 60016?

The median gross rent in ZIP Code 60016 is $1,558 a month, higher than 84% of U.S. ZIP codes.

How much have home prices grown in ZIP Code 60016?

Home prices in ZIP Code 60016 have moved 42% over the past five years (4.6% in the past year), per the FHFA House Price Index.

What is the weather like in ZIP Code 60016?

ZIP Code 60016 averages 51.2°F year-round, summer highs near 82.5°F, winter lows around 21.6°F (NOAA 1991–2020 normals). It sees about 38.4 inches of snow a year.

Is ZIP Code 60016 at risk of flooding or natural disasters?

ZIP Code 60016's FEMA National Risk Index score is 81.8 (higher than 72% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado. Modeled coastal-flood loss is negligible.