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These days, finding an affordable place to live in the 62545 area can be challenging. Home prices in 62545 are now at a median cost of $174,870, lower than the Illinois average of $242,002.
The average cost of rent is $833/mo in 62545, primarily driven by the current value of real estate in the 62545 area. While nearly 35.85% of residents own their homes outright in 62545, 12.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62545 is $7,273 per month. Households that rent pay about 11.46% of their income on rent here. 62545's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62520, IL: equally priced homes
- 62515, IL: less expensive homes
- 62563, IL: higher priced homes
- 62547, IL: less expensive homes
- 62531, IL: less expensive homes
- 62561, IL: less expensive homes
- 62539, IL: less expensive homes
- 62712, IL: higher priced homes
- 62703, IL: less expensive homes
- 62707, IL: less expensive homes
Zip Codes with Similar Populations
- 82510, WY: equally priced homes
- 46960, IN: less expensive homes
- 47036, IN: higher priced homes
- 47989, IN: less expensive homes
- 48727, MI: less expensive homes
- 62048, IL: less expensive homes
- 72651, AR: less expensive homes
- 72842, AR: less expensive homes
- 77419, TX: less expensive homes
- 78058, TX: higher priced homes
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