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These days, finding an affordable place to live in the 62554 area can be challenging. Home prices in 62554 are now at a median cost of $141,824, lower than the Illinois average of $242,002.
The average cost of rent is $786/mo in 62554, primarily driven by the current value of real estate in the 62554 area. While nearly 36.01% of residents own their homes outright in 62554, 7.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62554 is $6,691 per month. Households that rent pay about 11.74% of their income on rent here. 62554's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 62501, IL: equally priced homes
- 62535, IL: higher priced homes
- 62526, IL: less expensive homes
- 61818, IL: less expensive homes
- 62523, IL: less expensive homes
- 62521, IL: less expensive homes
- 61756, IL: equally priced homes
- 61830, IL: higher priced homes
- 62522, IL: less expensive homes
- 61855, IL: less expensive homes
Zip Codes with Similar Populations
- 04411, ME: higher priced homes
- 68371, NE: equally priced homes
- 49656, MI: less expensive homes
- 74471, OK: less expensive homes
- 25043, WV: less expensive homes
- 76627, TX: equally priced homes
- 78933, TX: higher priced homes
- 23301, VA: higher priced homes
- 51347, IA: equally priced homes
- 22652, VA: higher priced homes
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