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These days, finding an affordable place to live in the 62255 area can be challenging. Home prices in 62255 are now at a median cost of $167,608, lower than the Illinois average of $300,242.
The average cost of rent is $803/mo in 62255, primarily driven by the current value of real estate in the 62255 area. In 62255, 25.26% of households rent, and 54.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62255 is $6,462 per month. Households that rent pay about 12.43% of their income on rent here. 62255’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 62257, IL: less expensive homes
- 62264, IL: equally priced homes
- 62282, IL: equally priced homes
- 62292, IL: less expensive homes
- 62243, IL: higher priced homes
- 62248, IL: higher priced homes
- 62214, IL: higher priced homes
- 62278, IL: higher priced homes
- 62285, IL: higher priced homes
- 62258, IL: higher priced homes
Zip Codes with Similar Populations
- 98336, WA: higher priced homes
- 96044, CA: higher priced homes
- 97346, OR: higher priced homes
- 97416, OR: higher priced homes
- 97812, OR: higher priced homes
- 23856, VA: less expensive homes
- 23128, VA: higher priced homes
- 22716, VA: higher priced homes
- 22480, VA: higher priced homes
- 20690, MD: higher priced homes
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