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These days, finding an affordable place to live in the 62414 area can be challenging. Home prices in 62414 are now at a median cost of $137,634, lower than the Illinois average of $300,242.
The average cost of rent is $866/mo in 62414, primarily driven by the current value of real estate in the 62414 area. In 62414, 24.88% of households rent, and 53.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62414 is $5,420 per month. Households that rent pay about 15.99% of their income on rent here. 62414’s most expensive areas are in the western 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
- 62422, IL: less expensive homes
- 62444, IL: less expensive homes
- 62461, IL: higher priced homes
- 62411, IL: equally priced homes
- 62431, IL: equally priced homes
- 62458, IL: less expensive homes
- 62463, IL: equally priced homes
- 62401, IL: higher priced homes
- 62418, IL: equally priced homes
- 62080, IL: less expensive homes
Zip Codes with Similar Populations
- 04493, ME: higher priced homes
- 04555, ME: higher priced homes
- 12121, NY: higher priced homes
- 65017, MO: higher priced homes
- 76859, TX: equally priced homes
- 76857, TX: higher priced homes
- 76271, TX: higher priced homes
- 74081, OK: higher priced homes
- 72447, AR: higher priced homes
- 72366, AR: less expensive homes
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