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These days, finding an affordable place to live in the 62262 area can be challenging. Home prices in 62262 are now at a median cost of $121,124, lower than the Illinois average of $242,002.
The average cost of rent is $696/mo in 62262, primarily driven by the current value of real estate in the 62262 area. While nearly 50.31% of residents own their homes outright in 62262, 12.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62262 is $4,642 per month. Households that rent pay about 14.99% of their income on rent here. 62262's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62284, IL: higher priced homes
- 62246, IL: higher priced homes
- 62471, IL: less expensive homes
- 62019, IL: equally priced homes
- 62017, IL: less expensive homes
- 62885, IL: equally priced homes
- 62892, IL: higher priced homes
- 62077, IL: less expensive homes
- 62086, IL: less expensive homes
- 62418, IL: equally priced homes
Zip Codes with Similar Populations
- 72111, AR: higher priced homes
- 37713, TN: equally priced homes
- 38587, TN: less expensive homes
- 39825, GA: higher priced homes
- 42368, KY: equally priced homes
- 43767, OH: higher priced homes
- 44082, OH: less expensive homes
- 44417, OH: equally priced homes
- 45881, OH: equally priced homes
- 53046, WI: higher priced homes
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