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These days, finding an affordable place to live in the 62223 area can be challenging. Home prices in 62223 are now at a median cost of $163,889, lower than the Illinois average of $300,242.
The average cost of rent is $1,088/mo in 62223, primarily driven by the current value of real estate in the 62223 area. In 62223, 23.01% of households rent, and 38.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62223 is $6,026 per month. Households that rent pay about 18.05% of their income on rent here. 62223’s most expensive areas are in the southwestern 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
- 62226, IL: equally priced homes
- 62203, IL: less expensive homes
- 62208, IL: equally priced homes
- 62207, IL: less expensive homes
- 62220, IL: equally priced homes
- 62205, IL: less expensive homes
- 62204, IL: less expensive homes
- 62232, IL: higher priced homes
- 62206, IL: less expensive homes
- 62221, IL: higher priced homes
Zip Codes with Similar Populations
- 08882, NJ: higher priced homes
- 24572, VA: higher priced homes
- 19610, PA: higher priced homes
- 19518, PA: higher priced homes
- 19126, PA: higher priced homes
- 18640, PA: equally priced homes
- 15147, PA: less expensive homes
- 14564, NY: higher priced homes
- 08691, NJ: higher priced homes
- 07730, NJ: higher priced homes
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