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These days, finding an affordable place to live in the 62420 area can be challenging. Home prices in 62420 are now at a median cost of $106,778, lower than the Illinois average of $242,002.
The average cost of rent is $696/mo in 62420, primarily driven by the current value of real estate in the 62420 area. While nearly 39.42% of residents own their homes outright in 62420, 19.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62420 is $4,798 per month. Households that rent pay about 14.51% of their income on rent here. 62420's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62442, IL: less expensive homes
- 62428, IL: less expensive homes
- 62481, IL: less expensive homes
- 62413, IL: higher priced homes
- 62432, IL: equally priced homes
- 62468, IL: less expensive homes
- 62436, IL: higher priced homes
- 62478, IL: higher priced homes
- 62441, IL: higher priced homes
- 62477, IL: equally priced homes
Zip Codes with Similar Populations
- 14772, NY: equally priced homes
- 16239, PA: equally priced homes
- 93265, CA: higher priced homes
- 16159, PA: higher priced homes
- 93660, CA: higher priced homes
- 16053, PA: higher priced homes
- 15636, PA: higher priced homes
- 15461, PA: equally priced homes
- 14891, NY: higher priced homes
- 16401, PA: higher priced homes
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