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These days, finding an affordable place to live in the 62520 area can be challenging. Home prices in 62520 are now at a median cost of $163,288, lower than the Illinois average of $242,002.
The average cost of rent is $980/mo in 62520, primarily driven by the current value of real estate in the 62520 area. While nearly 49.61% of residents own their homes outright in 62520, 13.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62520 is $5,595 per month. Households that rent pay about 17.52% of their income on rent here. 62520's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62545, IL: equally priced homes
- 62515, IL: less expensive homes
- 62561, IL: less expensive homes
- 62563, IL: higher priced homes
- 62519, IL: less expensive homes
- 62707, IL: less expensive homes
- 62684, IL: higher priced homes
- 62712, IL: higher priced homes
- 62702, IL: less expensive homes
- 62703, IL: less expensive homes
Zip Codes with Similar Populations
- 80454, CO: higher priced homes
- 25070, WV: equally priced homes
- 25831, WV: less expensive homes
- 25984, WV: less expensive homes
- 28783, NC: higher priced homes
- 29146, SC: less expensive homes
- 31022, GA: less expensive homes
- 35585, AL: less expensive homes
- 38876, MS: less expensive homes
- 05483, VT: higher priced homes
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