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These days, finding an affordable place to live in the 62538 area can be challenging. Home prices in 62538 are now at a median cost of $141,350, lower than the Illinois average of $300,242.
The average cost of rent is $743/mo in 62538, primarily driven by the current value of real estate in the 62538 area. In 62538, 13.21% of households rent, and 56.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62538 is $7,077 per month. Households that rent pay about 10.50% of their income on rent here. 62538’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 62560, IL: equally priced homes
- 62546, IL: less expensive homes
- 62572, IL: higher priced homes
- 62533, IL: less expensive homes
- 62015, IL: higher priced homes
- 62556, IL: equally priced homes
- 62094, IL: less expensive homes
- 62051, IL: less expensive homes
- 62075, IL: less expensive homes
- 62672, IL: higher priced homes
Zip Codes with Similar Populations
- 95226, CA: higher priced homes
- 15081, PA: higher priced homes
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- 94613, CA: higher priced homes
- 94940, CA: higher priced homes
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