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These days, finding an affordable place to live in the 62481 area can be challenging. Home prices in 62481 are now at a median cost of $103,198, lower than the Illinois average of $300,242.
The average cost of rent is $809/mo in 62481, primarily driven by the current value of real estate in the 62481 area. In 62481, 13.43% of households rent, and 46.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62481 is $5,218 per month. Households that rent pay about 15.50% of their income on rent here. 62481’s most expensive areas are in the southwestern 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
- 62432, IL: higher priced homes
- 62480, IL: higher priced homes
- 62413, IL: higher priced homes
- 62449, IL: equally priced homes
- 62428, IL: equally priced homes
- 62420, IL: higher priced homes
- 62436, IL: higher priced homes
- 62478, IL: higher priced homes
- 62468, IL: higher priced homes
- 62479, IL: higher priced homes
Zip Codes with Similar Populations
- 02672, MA: higher priced homes
- 04359, ME: higher priced homes
- 04417, ME: higher priced homes
- 04475, ME: higher priced homes
- 63839, MO: higher priced homes
- 65620, MO: higher priced homes
- 65479, MO: higher priced homes
- 65449, MO: higher priced homes
- 65321, MO: higher priced homes
- 65083, MO: higher priced homes
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