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These days, finding an affordable place to live in the 62263 area can be challenging. Home prices in 62263 are now at a median cost of $166,989, lower than the Illinois average of $300,242.
The average cost of rent is $812/mo in 62263, primarily driven by the current value of real estate in the 62263 area. In 62263, 19.77% of households rent, and 45.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62263 is $6,189 per month. Households that rent pay about 13.11% of their income on rent here. 62263’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 62268, IL: higher priced homes
- 62803, IL: less expensive homes
- 62808, IL: less expensive homes
- 62271, IL: equally priced homes
- 62876, IL: less expensive homes
- 62877, IL: less expensive homes
- 62214, IL: higher priced homes
- 62831, IL: less expensive homes
- 62848, IL: less expensive homes
- 62282, IL: equally priced homes
Zip Codes with Similar Populations
- 99109, WA: higher priced homes
- 97114, OR: higher priced homes
- 98349, WA: higher priced homes
- 07420, NJ: higher priced homes
- 06359, CT: higher priced homes
- 05454, VT: higher priced homes
- 05089, VT: higher priced homes
- 04609, ME: higher priced homes
- 04572, ME: higher priced homes
- 04281, ME: higher priced homes
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