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These days, finding an affordable place to live in the 62278 area can be challenging. Home prices in 62278 are now at a median cost of $151,724, lower than the Illinois average of $242,002.
The average cost of rent is $820/mo in 62278, primarily driven by the current value of real estate in the 62278 area. While nearly 43.34% of residents own their homes outright in 62278, 25.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62278 is $5,623 per month. Households that rent pay about 14.59% of their income on rent here. 62278's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62248, IL: equally priced homes
- 62279, IL: higher priced homes
- 62217, IL: less expensive homes
- 62264, IL: equally priced homes
- 62244, IL: higher priced homes
- 62298, IL: higher priced homes
- 62255, IL: equally priced homes
- 62256, IL: higher priced homes
- 62285, IL: higher priced homes
- 62257, IL: less expensive homes
Zip Codes with Similar Populations
- 75754, TX: higher priced homes
- 17777, PA: equally priced homes
- 18072, PA: higher priced homes
- 18801, PA: higher priced homes
- 19012, PA: higher priced homes
- 19127, PA: higher priced homes
- 20115, VA: higher priced homes
- 20837, MD: higher priced homes
- 21619, MD: higher priced homes
- 28673, NC: higher priced homes
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