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These days, finding an affordable place to live in the 62422 area can be challenging. Home prices in 62422 are now at a median cost of $93,957, lower than the Illinois average of $242,002.
The average cost of rent is $581/mo in 62422, primarily driven by the current value of real estate in the 62422 area. While nearly 61.31% of residents own their homes outright in 62422, 22.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62422 is $3,971 per month. Households that rent pay about 14.64% of their income on rent here. 62422's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62438, IL: higher priced homes
- 62414, IL: higher priced homes
- 62431, IL: higher priced homes
- 62444, IL: higher priced homes
- 62571, IL: higher priced homes
- 62461, IL: higher priced homes
- 62553, IL: higher priced homes
- 62463, IL: higher priced homes
- 62080, IL: equally priced homes
- 62465, IL: higher priced homes
Zip Codes with Similar Populations
- 04739, ME: higher priced homes
- 04961, ME: higher priced homes
- 05654, VT: higher priced homes
- 08019, NJ: higher priced homes
- 15675, PA: higher priced homes
- 53922, WI: higher priced homes
- 15064, PA: higher priced homes
- 14815, NY: higher priced homes
- 75976, TX: less expensive homes
- 14769, NY: equally priced homes
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