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These days, finding an affordable place to live in the 62024 area can be challenging. Home prices in 62024 are now at a median cost of $126,572, lower than the Illinois average of $300,242.
The average cost of rent is $864/mo in 62024, primarily driven by the current value of real estate in the 62024 area. In 62024, 30.28% of households rent, and 47.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62024 is $5,218 per month. Households that rent pay about 16.56% of their income on rent here. 62024’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western 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
- 62095, IL: equally priced homes
- 62018, IL: less expensive homes
- 62084, IL: less expensive homes
- 62010, IL: higher priced homes
- 62048, IL: less expensive homes
- 62002, IL: equally priced homes
- 62087, IL: less expensive homes
- 62067, IL: higher priced homes
- 62035, IL: higher priced homes
- 62026, IL: higher priced homes
Zip Codes with Similar Populations
- 37185, TN: higher priced homes
- 69001, NE: higher priced homes
- 68434, NE: higher priced homes
- 67210, KS: higher priced homes
- 65711, MO: equally priced homes
- 64112, MO: higher priced homes
- 63106, MO: higher priced homes
- 53128, WI: higher priced homes
- 43964, OH: equally priced homes
- 42330, KY: equally priced homes
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