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These days, finding an affordable place to live in the 62480 area can be challenging. Home prices in 62480 are now at a median cost of $124,036, lower than the Illinois average of $300,242.
The average cost of rent is $646/mo in 62480, primarily driven by the current value of real estate in the 62480 area. In 62480, 8.98% of households rent, and 56.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62480 is $7,158 per month. Households that rent pay about 9.02% of their income on rent here. 62480’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
- 62459, IL: less expensive homes
- 62449, IL: less expensive homes
- 62481, IL: less expensive homes
- 62448, IL: higher priced homes
- 62464, IL: higher priced homes
- 62432, IL: higher priced homes
- 62413, IL: equally priced homes
- 62454, IL: equally priced homes
- 62479, IL: higher priced homes
- 62436, IL: higher priced homes
Zip Codes with Similar Populations
- 84767, UT: higher priced homes
- 20317, DC: higher priced homes
- 22437, VA: higher priced homes
- 22535, VA: higher priced homes
- 23359, VA: equally priced homes
- 23461, VA: higher priced homes
- 24646, VA: less expensive homes
- 25061, WV: less expensive homes
- 25108, WV: higher priced homes
- 87931, NM: higher priced homes
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