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These days, finding an affordable place to live in the 62078 area can be challenging. Home prices in 62078 are now at a median cost of $118,700, lower than the Illinois average of $300,242.
The average cost of rent is $605/mo in 62078, primarily driven by the current value of real estate in the 62078 area. In 62078, 6.33% of households rent, and 56.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62078 is $7,064 per month. Households that rent pay about 8.56% of their income on rent here. 62078’s most expensive areas are in the central 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
- 62050, IL: equally priced homes
- 62092, IL: less expensive homes
- 62610, IL: equally priced homes
- 62082, IL: less expensive homes
- 62361, IL: equally priced homes
- 62663, IL: equally priced homes
- 62352, IL: equally priced homes
- 62098, IL: equally priced homes
- 62053, IL: equally priced homes
- 62668, IL: equally priced homes
Zip Codes with Similar Populations
- 79058, TX: higher priced homes
- 57562, SD: higher priced homes
- 57574, SD: higher priced homes
- 57660, SD: less expensive homes
- 58009, ND: higher priced homes
- 58338, ND: less expensive homes
- 58484, ND: higher priced homes
- 76820, TX: higher priced homes
- 76869, TX: higher priced homes
- 77412, TX: higher priced homes
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