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These days, finding an affordable place to live in the 62062 area can be challenging. Home prices in 62062 are now at a median cost of $192,089, lower than the Illinois average of $242,002.
The average cost of rent is $886/mo in 62062, primarily driven by the current value of real estate in the 62062 area. While nearly 29.13% of residents own their homes outright in 62062, 19.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62062 is $7,165 per month. Households that rent pay about 12.37% of their income on rent here. 62062's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62034, IL: higher priced homes
- 62234, IL: less expensive homes
- 62294, IL: higher priced homes
- 62026, IL: higher priced homes
- 62025, IL: higher priced homes
- 62232, IL: less expensive homes
- 62040, IL: less expensive homes
- 62087, IL: less expensive homes
- 62281, IL: higher priced homes
- 62048, IL: less expensive homes
Zip Codes with Similar Populations
- 44683, OH: less expensive homes
- 68117, NE: less expensive homes
- 65672, MO: less expensive homes
- 63664, MO: less expensive homes
- 57717, SD: higher priced homes
- 54155, WI: higher priced homes
- 48120, MI: equally priced homes
- 47553, IN: less expensive homes
- 46738, IN: less expensive homes
- 46711, IN: equally priced homes
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