Population 1,697 · Census ACS 2020–24
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Population and households in ZIP 62340
Household size in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 2.56 | 2.69 | 2.68 |
| 2010–14 | 2.24 | 2.71 | 2.73 |
| 2015–19 | 2.49 | 2.66 | 2.71 |
| 2020–24 | 2.35 | 2.58 | 2.65 |
| Change | −0.22 | −0.11 | −0.03 |
Households in ZIP 62340 are small: just 2.35 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.56, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 40.6 | 37.6 | 37.7 |
| 2010–14 | 46.7 | 38.5 | 38.6 |
| 2015–19 | 45.0 | 39.6 | 39.6 |
| 2020–24 | 43.0 | 40.2 | 40.1 |
| Change | +2.4 | +2.6 | +2.3 |
The median resident of ZIP 62340 is 43.0 years old, older than the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 18.2% | 11.7% | 12.3% |
| 2010–14 | 7.2% | 11.7% | 12.3% |
| 2015–19 | 4.7% | 11.1% | 11.6% |
| 2020–24 | 22.0% | 11.3% | 11.6% |
| Change | +3.8 pts | −0.4 pts | −0.6 pts |
Single-parent households are common in ZIP 62340: 22.0% of all households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 62340
Renters in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 21.6% | 30.8% | 33.3% |
| 2010–14 | 18.2% | 33.1% | 35.6% |
| 2015–19 | 21.8% | 33.9% | 36.0% |
| 2020–24 | 33.5% | 32.9% | 34.8% |
| Change | +12.0 pts | +2.1 pts | +1.5 pts |
Renting in ZIP 62340 is about as common as it is nationally: 33.5% of households rent, against 34.8%. More than half of owners (54.5%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 18.5% | 10.0% | 11.4% |
| 2010–14 | 14.6% | 10.1% | 11.4% |
| 2015–19 | 12.2% | 9.8% | 11.1% |
| 2020–24 | 12.8% | 8.1% | 9.6% |
| Change | −5.7 pts | −1.9 pts | −1.8 pts |
More homes sit empty in ZIP 62340 than nationally: 12.8%, against 9.6%. The count includes vacation homes and homes between owners or tenants, not just abandoned ones.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 1947 | 1966 | 1974 |
| 2010–14 | 1955 | 1967 | 1975 |
| 2015–19 | 1953 | 1968 | 1977 |
| 2020–24 | 1965 | 1970 | 1980 |
| Change | +18 | +4 | +6 |
ZIP 62340 is a place of older homes: half were built before 1965, while the national median is 1980. That means established neighborhoods, and more houses that may need updating.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | $473 | $953 | $965 |
| 2010–14 | $516 | $1,028 | $1,040 |
| 2015–19 | $584 | $1,165 | $1,213 |
| 2020–24 | $601 | $1,428 | $1,571 |
| Change | +$128 | +$475 | +$606 |
A typical rental in ZIP 62340 costs $601 a month with utilities, well below the national median of $1,571. The typical renter here spends 29.1% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 62340
Bachelor's degrees in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 11.1% | 31.2% | 28.4% |
| 2010–14 | 15.7% | 32.4% | 29.6% |
| 2015–19 | 17.6% | 34.7% | 32.1% |
| 2020–24 | 12.9% | 37.7% | 35.6% |
| Change | +1.9 pts | +6.5 pts | +7.2 pts |
Fewer adults in ZIP 62340 have a four-year degree than in the country as a whole: 12.9%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 89.6% | 86.3% | 84.9% |
| 2010–14 | 89.3% | 87.5% | 86.1% |
| 2015–19 | 86.1% | 89.1% | 87.7% |
| 2020–24 | 90.5% | 90.3% | 89.3% |
| Change | +1.0 pts | +4.0 pts | +4.3 pts |
High school completion in ZIP 62340 is close to the national rate: 90.5% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 62340
| Period | ZIP 62340 | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 6.0% | 8.7% | 8.1% |
| 2010–14 | 3.4% | 10.2% | 9.4% |
| 2015–19 | 6.8% | 6.1% | 5.6% |
| 2020–24 | 4.0% | 6.0% | 5.4% |
| Change | −2.0 pts | −2.7 pts | −2.7 pts |
Jobs have been easier to find in ZIP 62340 than nationally: unemployment was 4.0%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 62340 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 62340 | 2.35 | 43.0 | 22.0% | 33.5% | 12.8% | 1965 | $601 | 12.9% | 90.5% | 4.0% |
| ZIP 62362 | 1.98 | 50.6 | 4.1% | 23.2% | 27.0% | 1955 | $764 | 15.7% | 96.5% | 7.5% |
| ZIP 62357 | 1.96 | 37.2 | 8.1% | 33.3% | 26.3% | 1940 | $729 | 31.3% | 93.2% | 5.8% |
| ZIP 62323 | 1.99 | 50.4 | 4.1% | 22.2% | 26.6% | 1955 | $767 | 15.8% | 96.3% | 7.2% |
| ZIP 62363 | 2.20 | 45.5 | 12.0% | 22.1% | 12.8% | 1963 | $675 | 21.1% | 92.5% | 4.7% |
| ZIP 62314 | 2.14 | 42.7 | 7.5% | 24.7% | 24.8% | 1948 | $800 | 23.9% | 93.8% | 5.3% |
| ZIP 62621 | 2.43 | 44.8 | 7.9% | 19.7% | 16.9% | 1963 | $743 | 21.2% | 92.1% | 1.4% |
| ZIP 62665 | 2.34 | 46.6 | 8.9% | 21.3% | 21.6% | 1967 | $702 | 10.0% | 93.9% | 1.9% |
| ZIP 62378 | 2.52 | 44.8 | 6.1% | 11.9% | 19.1% | 1979 | $838 | 14.8% | 95.0% | 1.9% |
| ZIP 62694 | 2.34 | 46.8 | 10.3% | 24.8% | 13.4% | 1963 | $821 | 19.6% | 91.4% | 3.5% |
| ZIP 62312 | 2.58 | 39.8 | 14.0% | 24.7% | 14.8% | 1945 | $641 | 19.7% | 90.5% | 5.2% |
All figures 2020–24.
Zip codes with similar populations: 74860, OK · 39363, MS · 41723, KY · 46050, IN · 46798, IN · 60180, IL · 68301, NE · 68666, NE · 71357, LA · 71366, LA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 62340. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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