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These days, finding an affordable place to live in the 62323 area can be challenging. Home prices in 62323 are now at a median cost of $102,902, lower than the Illinois average of $300,242.
The average cost of rent is $767/mo in 62323, primarily driven by the current value of real estate in the 62323 area. In 62323, 22.17% of households rent, and 63.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62323 is $5,910 per month. Households that rent pay about 12.98% of their income on rent here. 62323’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
- 62362, IL: equally priced homes
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- 62665, IL: less expensive homes
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- 62621, IL: less expensive homes
- 62353, IL: higher priced homes
- 62628, IL: equally priced homes
- 62631, IL: higher priced homes
- 62611, IL: higher priced homes
Zip Codes with Similar Populations
- 37848, TN: higher priced homes
- 83012, WY: higher priced homes
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- 79538, TX: higher priced homes
- 41226, KY: less expensive homes
- 40913, KY: less expensive homes
- 40763, KY: less expensive homes
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