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These days, finding an affordable place to live in the 62541 area can be challenging. Home prices in 62541 are now at a median cost of $106,000, lower than the Illinois average of $242,002.
The average cost of rent is $674/mo in 62541, primarily driven by the current value of real estate in the 62541 area. While nearly 32.78% of residents own their homes outright in 62541, 9.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62541 is $6,689 per month. Households that rent pay about 10.08% of their income on rent here. 62541's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
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- 62551, IL: less expensive homes
Zip Codes with Similar Populations
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