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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 $104,084, lower than the Illinois average of $242,002.
The average cost of rent is $630/mo in 61542, primarily driven by the current value of real estate in the 61542 area. While nearly 42.40% of residents own their homes outright in 61542, 18.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 61542 is $5,600 per month. Households that rent pay about 11.26% of their income on rent here. 61542's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 61519, IL: higher priced homes
- 61543, IL: less expensive homes
- 61563, IL: less expensive homes
- 62644, IL: less expensive homes
- 61524, IL: less expensive homes
- 61441, IL: less expensive homes
- 61477, IL: equally 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: less expensive 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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