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These days, finding an affordable place to live in the 62011 area can be challenging. Home prices in 62011 are now at a median cost of $158,459, lower than the Illinois average of $300,242.
The average cost of rent is $1,019/mo in 62011, primarily driven by the current value of real estate in the 62011 area. In 62011, 9.55% of households rent, and 55.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62011 is $5,597 per month. Households that rent pay about 18.21% of their income on rent here. 62011’s most expensive areas are in the eastern 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
- 62032, IL: less expensive homes
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Zip Codes with Similar Populations
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- 57791, SD: higher priced homes
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