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Affordable
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These days, finding an affordable place to live in the 62280 area can be challenging. Home prices in 62280 are now at a median cost of $119,105, lower than the Illinois average of $300,242.
The average cost of rent is $780/mo in 62280, primarily driven by the current value of real estate in the 62280 area. In 62280, 8.83% of households rent, and 48.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62280 is $5,819 per month. Households that rent pay about 13.41% of their income on rent here. 62280’s most expensive areas are in the central 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
- 62916, IL: less expensive homes
- 62950, IL: less expensive homes
- 62907, IL: higher priced homes
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- 62997, IL: less expensive homes
- 62259, IL: higher priced homes
- 62940, IL: less expensive homes
- 63775, MO: higher priced homes
- 63673, MO: higher priced homes
- 62966, IL: higher priced homes
Zip Codes with Similar Populations
- 87117, NM: higher priced homes
- 17219, PA: higher priced homes
- 17930, PA: less expensive homes
- 18335, PA: higher priced homes
- 19437, PA: higher priced homes
- 19559, PA: higher priced homes
- 20373, DC: higher priced homes
- 20626, MD: higher priced homes
- 25005, WV: higher priced homes
- 26266, WV: less expensive homes
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