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These days, finding an affordable place to live in the 62281 area can be challenging. Home prices in 62281 are now at a median cost of $264,934, lower than the Illinois average of $300,242.
The average cost of rent is $1,147/mo in 62281, primarily driven by the current value of real estate in the 62281 area. In 62281, 10.65% of households rent, and 25.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62281 is $10,684 per month. Households that rent pay about 10.73% of their income on rent here. 62281’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 62061, IL: equally priced homes
- 62294, IL: higher priced homes
- 62249, IL: less expensive homes
- 62254, IL: less expensive homes
- 62062, IL: equally priced homes
- 62293, IL: equally priced homes
- 62034, IL: higher priced homes
- 62234, IL: less expensive homes
- 62025, IL: higher priced homes
- 62001, IL: less expensive homes
Zip Codes with Similar Populations
- 44402, OH: less expensive homes
- 61529, IL: less expensive homes
- 37137, TN: less expensive homes
- 97017, OR: higher priced homes
- 65655, MO: less expensive homes
- 28763, NC: higher priced homes
- 14807, NY: less expensive homes
- 20135, VA: higher priced homes
- 66105, KS: less expensive homes
- 16748, PA: less expensive homes
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