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These days, finding an affordable place to live in the 62424 area can be challenging. Home prices in 62424 are now at a median cost of $220,698, lower than the Illinois average of $300,242.
The average cost of rent is $722/mo in 62424, primarily driven by the current value of real estate in the 62424 area. In 62424, 16.97% of households rent, and 33.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62424 is $7,050 per month. Households that rent pay about 10.24% of their income on rent here. 62424’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 62479, IL: less expensive homes
- 62467, IL: equally priced homes
- 62473, IL: less expensive homes
- 62401, IL: equally priced homes
- 62445, IL: equally priced homes
- 62443, IL: less expensive homes
- 62448, IL: less expensive homes
- 62436, IL: less expensive homes
- 62426, IL: less expensive homes
- 62432, IL: higher priced homes
Zip Codes with Similar Populations
- 12775, NY: higher priced homes
- 21661, MD: higher priced homes
- 18445, PA: equally priced homes
- 18218, PA: less expensive homes
- 14476, NY: less expensive homes
- 13044, NY: less expensive homes
- 12575, NY: higher priced homes
- 10968, NY: higher priced homes
- 05860, VT: equally priced homes
- 05149, VT: higher priced homes
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