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These days, finding an affordable place to live in the 62250 area can be challenging. Home prices in 62250 are now at a median cost of $117,900, lower than the Illinois average of $242,002.
The average cost of rent is $830/mo in 62250, primarily driven by the current value of real estate in the 62250 area. While nearly 47.50% of residents own their homes outright in 62250, 7.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62250 is $6,646 per month. Households that rent pay about 12.49% of their income on rent here. 62250's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62803, IL: equally priced homes
- 62801, IL: less expensive homes
- 62231, IL: higher priced homes
- 62882, IL: less expensive homes
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- 62219, IL: higher priced homes
- 62218, IL: higher priced homes
- 62870, IL: less expensive homes
- 62893, IL: higher priced homes
- 62230, IL: higher priced homes
Zip Codes with Similar Populations
- 26342, WV: less expensive homes
- 32648, FL: equally priced homes
- 31772, GA: less expensive homes
- 29836, SC: less expensive homes
- 29175, SC: less expensive homes
- 27853, NC: equally priced homes
- 26804, WV: less expensive homes
- 26680, WV: equally priced homes
- 26437, WV: less expensive homes
- 87083, NM: higher priced homes
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