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These days, finding an affordable place to live in the 62462 area can be challenging. Home prices in 62462 are now at a median cost of $137,781, lower than the Illinois average of $242,002.
The average cost of rent is $563/mo in 62462, primarily driven by the current value of real estate in the 62462 area. While nearly 54.85% of residents own their homes outright in 62462, 12.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62462 is $5,333 per month. Households that rent pay about 10.55% of their income on rent here. 62462's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62447, IL: equally priced homes
- 62467, IL: higher priced homes
- 62445, IL: equally priced homes
- 62463, IL: less expensive homes
- 62401, IL: higher priced homes
- 62461, IL: higher priced homes
- 62469, IL: less expensive homes
- 62468, IL: less expensive homes
- 62465, IL: less expensive homes
- 62436, IL: less expensive homes
Zip Codes with Similar Populations
- 48613, MI: equally priced homes
- 72938, AR: less expensive homes
- 54772, WI: higher priced homes
- 54628, WI: higher priced homes
- 52751, IA: higher priced homes
- 51577, IA: less expensive homes
- 50257, IA: higher priced homes
- 50238, IA: less expensive homes
- 50230, IA: less expensive homes
- 50106, IA: equally priced homes
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