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These days, finding an affordable place to live in the 61542 area can be challenging. Home prices in 61542 are now at a median cost of $117,339, lower than the Illinois average of $300,242.
The average cost of rent is $725/mo in 61542, primarily driven by the current value of real estate in the 61542 area. In 61542, 24.15% of households rent, and 44.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61542 is $5,873 per month. Households that rent pay about 12.34% of their income on rent here. 61542’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 61519, IL: higher priced homes
- 61543, IL: equally priced homes
- 61563, IL: less expensive homes
- 62644, IL: equally priced homes
- 61524, IL: less expensive homes
- 61441, IL: equally priced homes
- 61477, IL: higher priced homes
- 61567, IL: less expensive homes
- 61482, IL: less expensive homes
- 61501, IL: less expensive homes
Zip Codes with Similar Populations
- 13668, NY: equally priced homes
- 15052, PA: higher priced homes
- 15312, PA: higher priced homes
- 16749, PA: equally priced homes
- 18092, PA: higher priced homes
- 02575, MA: higher priced homes
- 59759, MT: higher priced homes
- 38329, TN: higher priced homes
- 44822, OH: higher priced homes
- 49111, MI: higher priced homes
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