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These days, finding an affordable place to live in the 62023 area can be challenging. Home prices in 62023 are now at a median cost of $111,933, lower than the Illinois average of $300,242.
The average cost of rent is $1,375/mo in 62023, primarily driven by the current value of real estate in the 62023 area. In 62023, 13.30% of households rent, and 56.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62023 is $4,901 per month. Households that rent pay about 28.06% of their income on rent here. 62023’s most expensive areas are in the southern 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
- 62009, IL: less expensive homes
- 62085, IL: equally priced homes
- 62033, IL: higher priced homes
- 62069, IL: higher priced homes
- 62093, IL: higher priced homes
- 62088, IL: higher priced homes
- 62056, IL: higher priced homes
- 62091, IL: higher priced homes
- 62014, IL: higher priced homes
- 62685, IL: higher priced homes
Zip Codes with Similar Populations
- 76887, TX: higher priced homes
- 50521, IA: higher priced homes
- 50657, IA: higher priced homes
- 50842, IA: higher priced homes
- 50847, IA: higher priced homes
- 51651, IA: higher priced homes
- 52312, IA: higher priced homes
- 52767, IA: higher priced homes
- 52774, IA: higher priced homes
- 56711, MN: higher priced homes
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