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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 $122,517, lower than the Illinois average of $242,002.
The average cost of rent is $670/mo in 62414, primarily driven by the current value of real estate in the 62414 area. While nearly 58.09% of residents own their homes outright in 62414, 17.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62414 is $4,009 per month. Households that rent pay about 16.71% of their income on rent here. 62414's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62422, IL: less expensive homes
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- 62401, IL: higher priced homes
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Zip Codes with Similar Populations
- 04493, ME: equally priced homes
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