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These days, finding an affordable place to live in the 62417 area can be challenging. Home prices in 62417 are now at a median cost of $107,901, lower than the Illinois average of $300,242.
The average cost of rent is $771/mo in 62417, primarily driven by the current value of real estate in the 62417 area. In 62417, 19.95% of households rent, and 61.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62417 is $4,507 per month. Households that rent pay about 17.10% of their income on rent here. 62417’s most expensive areas are in the northeastern 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
- 62439, IL: equally priced homes
- 62466, IL: less expensive homes
- 62421, IL: higher priced homes
- 62427, IL: higher priced homes
- 47591, IN: higher priced homes
- 62419, IL: less expensive homes
- 62450, IL: higher priced homes
- 47516, IN: higher priced homes
- 62425, IL: higher priced homes
- 62475, IL: equally priced homes
Zip Codes with Similar Populations
- 45844, OH: higher priced homes
- 46929, IN: higher priced homes
- 46910, IN: higher priced homes
- 46742, IN: higher priced homes
- 46536, IN: higher priced homes
- 46504, IN: higher priced homes
- 46349, IN: higher priced homes
- 01083, MA: higher priced homes
- 45845, OH: higher priced homes
- 46932, IN: higher priced homes
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