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These days, finding an affordable place to live in the 62448 area can be challenging. Home prices in 62448 are now at a median cost of $160,221, lower than the Illinois average of $300,242.
The average cost of rent is $769/mo in 62448, primarily driven by the current value of real estate in the 62448 area. In 62448, 17.81% of households rent, and 57.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62448 is $6,524 per month. Households that rent pay about 11.79% of their income on rent here. 62448’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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: higher priced homes
- 62459, IL: less expensive homes
- 62480, IL: less expensive homes
- 62475, IL: less expensive homes
- 62425, IL: less expensive homes
- 62434, IL: higher priced homes
- 62424, IL: higher priced homes
- 62449, IL: less expensive homes
- 62464, IL: equally priced homes
- 62473, IL: equally priced homes
Zip Codes with Similar Populations
- 65653, MO: higher priced homes
- 49285, MI: higher priced homes
- 50441, IA: less expensive homes
- 50461, IA: higher priced homes
- 53508, WI: higher priced homes
- 55321, MN: higher priced homes
- 55731, MN: higher priced homes
- 64865, MO: higher priced homes
- 65631, MO: higher priced homes
- 65648, MO: higher priced homes
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