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These days, finding an affordable place to live in the 61420 area can be challenging. Home prices in 61420 are now at a median cost of $94,797, lower than the Illinois average of $300,242.
The average cost of rent is $978/mo in 61420, primarily driven by the current value of real estate in the 61420 area. In 61420, 14.80% of households rent, and 54.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61420 is $5,220 per month. Households that rent pay about 18.74% of their income on rent here. 61420’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61450, IL: equally priced homes
- 61475, IL: higher priced homes
- 62374, IL: higher priced homes
- 62326, IL: higher priced homes
- 61471, IL: higher priced homes
- 61438, IL: higher priced homes
- 61455, IL: higher priced homes
- 61454, IL: equally priced homes
- 62330, IL: higher priced homes
- 61416, IL: less expensive homes
Zip Codes with Similar Populations
- 38674, MS: higher priced homes
- 85606, AZ: higher priced homes
- 58274, ND: higher priced homes
- 44251, OH: higher priced homes
- 43341, OH: higher priced homes
- 42458, KY: higher priced homes
- 42275, KY: higher priced homes
- 42232, KY: higher priced homes
- 39665, MS: higher priced homes
- 86329, AZ: higher priced homes
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