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These days, finding an affordable place to live in the 62054 area can be challenging. Home prices in 62054 are now at a median cost of $115,242, lower than the Illinois average of $300,242.
The average cost of rent is $844/mo in 62054, primarily driven by the current value of real estate in the 62054 area. In 62054, 10.30% of households rent, and 55.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62054 is $5,655 per month. Households that rent pay about 14.93% of their income on rent here. 62054’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 62052, IL: higher priced homes
- 62016, IL: equally priced homes
- 62081, IL: less expensive homes
- 62031, IL: higher priced homes
- 62027, IL: equally priced homes
- 62030, IL: higher priced homes
- 62063, IL: higher priced homes
- 62022, IL: higher priced homes
- 62079, IL: higher priced homes
- 62047, IL: higher priced homes
Zip Codes with Similar Populations
- 05062, VT: higher priced homes
- 13141, NY: higher priced homes
- 12503, NY: higher priced homes
- 12494, NY: higher priced homes
- 12406, NY: higher priced homes
- 10535, NY: higher priced homes
- 08345, NJ: higher priced homes
- 05866, VT: higher priced homes
- 05778, VT: higher priced homes
- 04956, ME: higher priced homes
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