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These days, finding an affordable place to live in the 62002 area can be challenging. Home prices in 62002 are now at a median cost of $127,818, lower than the Illinois average of $300,242.
The average cost of rent is $1,010/mo in 62002, primarily driven by the current value of real estate in the 62002 area. In 62002, 33.90% of households rent, and 42.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62002 is $5,588 per month. Households that rent pay about 18.07% of their income on rent here. 62002’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 62035, IL: higher priced homes
- 62018, IL: less expensive homes
- 62024, IL: equally priced homes
- 63386, MO: higher priced homes
- 62095, IL: equally priced homes
- 62010, IL: higher priced homes
- 62084, IL: less expensive homes
- 62048, IL: less expensive homes
- 62087, IL: less expensive homes
- 62067, IL: higher priced homes
Zip Codes with Similar Populations
- 06066, CT: higher priced homes
- 06854, CT: higher priced homes
- 13090, NY: higher priced homes
- 14626, NY: higher priced homes
- 18940, PA: higher priced homes
- 29212, SC: higher priced homes
- 30309, GA: higher priced homes
- 32159, FL: higher priced homes
- 00738, PR: equally priced homes
- 33314, FL: higher priced homes
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