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These days, finding an affordable place to live in the 62432 area can be challenging. Home prices in 62432 are now at a median cost of $290,337, lower than the Illinois average of $300,242.
The average cost of rent is $1,080/mo in 62432, primarily driven by the current value of real estate in the 62432 area. In 62432, 10.56% of households rent, and 34.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62432 is $9,140 per month. Households that rent pay about 11.81% of their income on rent here. 62432’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 62481, IL: less expensive homes
- 62436, IL: less expensive homes
- 62428, IL: less expensive homes
- 62445, IL: less expensive homes
- 62479, IL: less expensive homes
- 62468, IL: less expensive homes
- 62480, IL: less expensive homes
- 62420, IL: less expensive homes
- 62449, IL: less expensive homes
- 62424, IL: less expensive homes
Zip Codes with Similar Populations
- 84636, UT: equally priced homes
- 26222, WV: less expensive homes
- 26343, WV: less expensive homes
- 26722, WV: less expensive homes
- 27923, NC: higher priced homes
- 27965, NC: higher priced homes
- 28017, NC: less expensive homes
- 28072, NC: less expensive homes
- 28109, NC: less expensive homes
- 28511, NC: less expensive homes
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