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These days, finding an affordable place to live in the 62274 area can be challenging. Home prices in 62274 are now at a median cost of $104,839, lower than the Illinois average of $242,002.
The average cost of rent is $516/mo in 62274, primarily driven by the current value of real estate in the 62274 area. While nearly 45.18% of residents own their homes outright in 62274, 17.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62274 is $5,406 per month. Households that rent pay about 9.54% of their income on rent here. 62274's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62888, IL: equally priced homes
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- 62927, IL: less expensive homes
- 62994, IL: equally priced homes
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- 62272, IL: equally priced homes
- 62932, IL: less expensive homes
- 62916, IL: higher priced homes
Zip Codes with Similar Populations
- 75182, TX: higher priced homes
- 10533, NY: higher priced homes
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- 18069, PA: higher priced homes
- 24230, VA: equally priced homes
- 24590, VA: higher priced homes
- 70437, LA: higher priced homes
- 74346, OK: higher priced homes
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