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These days, finding an affordable place to live in the 61547 area can be challenging. Home prices in 61547 are now at a median cost of $250,355, lower than the Illinois average of $300,242.
The average cost of rent is $859/mo in 61547, primarily driven by the current value of real estate in the 61547 area. In 61547, 4.58% of households rent, and 37.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61547 is $9,600 per month. Households that rent pay about 8.95% of their income on rent here. 61547’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 61607, IL: less expensive homes
- 61539, IL: less expensive homes
- 61536, IL: less expensive homes
- 61533, IL: less expensive homes
- 61605, IL: less expensive homes
- 61554, IL: less expensive homes
- 61610, IL: less expensive homes
- 61604, IL: less expensive homes
- 61625, IL: less expensive homes
- 61606, IL: less expensive homes
Zip Codes with Similar Populations
- 75453, TX: equally priced homes
- 74370, OK: less expensive homes
- 14823, NY: less expensive homes
- 02837, RI: higher priced homes
- 84634, UT: higher priced homes
- 65740, MO: less expensive homes
- 65704, MO: less expensive homes
- 56097, MN: less expensive homes
- 56024, MN: higher priced homes
- 55917, MN: less expensive homes
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