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These days, finding an affordable place to live in the 62548 area can be challenging. Home prices in 62548 are now at a median cost of $107,275, lower than the Illinois average of $242,002.
The average cost of rent is $738/mo in 62548, primarily driven by the current value of real estate in the 62548 area. While nearly 41.62% of residents own their homes outright in 62548, 15.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62548 is $5,033 per month. Households that rent pay about 14.67% of their income on rent here. 62548's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62541, IL: equally priced homes
- 62518, IL: higher priced homes
- 62543, IL: equally priced homes
- 62519, IL: equally priced homes
- 62634, IL: equally priced homes
- 62512, IL: higher priced homes
- 62656, IL: higher priced homes
- 61749, IL: equally priced homes
- 62573, IL: equally priced homes
- 62693, IL: higher priced homes
Zip Codes with Similar Populations
- 83850, ID: higher priced homes
- 36453, AL: less expensive homes
- 37345, TN: higher priced homes
- 42027, KY: equally priced homes
- 46743, IN: higher priced homes
- 48032, MI: higher priced homes
- 61756, IL: higher priced homes
- 62259, IL: higher priced homes
- 72088, AR: higher priced homes
- 82729, WY: higher priced homes
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