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These days, finding an affordable place to live in the 62447 area can be challenging. Home prices in 62447 are now at a median cost of $146,093, lower than the Illinois average of $242,002.
The average cost of rent is $707/mo in 62447, primarily driven by the current value of real estate in the 62447 area. While nearly 55.82% of residents own their homes outright in 62447, 18.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62447 is $6,354 per month. Households that rent pay about 11.13% of their income on rent here. 62447's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62469, IL: less expensive homes
- 62462, IL: equally priced homes
- 61928, IL: less expensive homes
- 62463, IL: less expensive homes
- 62465, IL: less expensive homes
- 62468, IL: less expensive homes
- 62440, IL: higher priced homes
- 61938, IL: less expensive homes
- 61957, IL: less expensive homes
- 62444, IL: less expensive homes
Zip Codes with Similar Populations
- 66619, KS: less expensive homes
- 04220, ME: equally priced homes
- 49774, MI: equally priced homes
- 54440, WI: higher priced homes
- 55307, MN: higher priced homes
- 55943, MN: higher priced homes
- 57380, SD: less expensive homes
- 60541, IL: higher priced homes
- 61422, IL: less expensive homes
- 61434, IL: less expensive homes
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