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These days, finding an affordable place to live in the 62461 area can be challenging. Home prices in 62461 are now at a median cost of $315,455, higher than the Illinois average of $300,242.
The average cost of rent is $837/mo in 62461, primarily driven by the current value of real estate in the 62461 area. In 62461, 11.33% of households rent, and 40.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62461 is $9,349 per month. Households that rent pay about 8.95% of their income on rent here. 62461’s most expensive areas are in the central regions, while the cheapest areas are in the western 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
- 62463, IL: less expensive homes
- 62401, IL: less expensive homes
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- 62414, IL: less expensive homes
- 62411, IL: less expensive homes
- 62462, IL: less expensive homes
- 62467, IL: less expensive homes
- 62422, IL: less expensive homes
- 62473, IL: less expensive homes
- 62458, IL: less expensive homes
Zip Codes with Similar Populations
- 53816, WI: less expensive homes
- 62474, IL: less expensive homes
- 61875, IL: less expensive homes
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- 59638, MT: higher priced homes
- 57656, SD: less expensive homes
- 56756, MN: less expensive homes
- 56650, MN: less expensive homes
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