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These days, finding an affordable place to live in the 62294 area can be challenging. Home prices in 62294 are now at a median cost of $220,114, lower than the Illinois average of $242,002.
The average cost of rent is $1,113/mo in 62294, primarily driven by the current value of real estate in the 62294 area. While nearly 28.18% of residents own their homes outright in 62294, 17.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62294 is $8,143 per month. Households that rent pay about 13.67% of their income on rent here. 62294's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62062, IL: less expensive homes
- 62281, IL: equally priced homes
- 62034, IL: higher priced homes
- 62234, IL: less expensive homes
- 62061, IL: less expensive homes
- 62025, IL: higher priced homes
- 62026, IL: higher priced homes
- 62254, IL: less expensive homes
- 62232, IL: less expensive homes
- 62046, IL: equally priced homes
Zip Codes with Similar Populations
- 76301, TX: less expensive homes
- 33706, FL: higher priced homes
- 34610, FL: less expensive homes
- 35120, AL: less expensive homes
- 36081, AL: less expensive homes
- 55804, MN: higher priced homes
- 56258, MN: less expensive homes
- 75249, TX: equally priced homes
- 76103, TX: less expensive homes
- 01510, MA: higher priced homes
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