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These days, finding an affordable place to live in the 62556 area can be challenging. Home prices in 62556 are now at a median cost of $138,826, lower than the Illinois average of $300,242.
The average cost of rent is $627/mo in 62556, primarily driven by the current value of real estate in the 62556 area. In 62556, 10.81% of households rent, and 50.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62556 is $6,906 per month. Households that rent pay about 9.08% of their income on rent here. 62556’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 62546, IL: less expensive homes
- 62568, IL: equally priced homes
- 62540, IL: less expensive homes
- 62517, IL: less expensive homes
- 62570, IL: less expensive homes
- 62555, IL: equally priced homes
- 62538, IL: equally priced homes
- 62076, IL: less expensive homes
- 62558, IL: higher priced homes
- 62533, IL: equally priced homes
Zip Codes with Similar Populations
- 95697, CA: higher priced homes
- 15007, PA: higher priced homes
- 15313, PA: higher priced homes
- 15773, PA: less expensive homes
- 41714, KY: less expensive homes
- 16110, PA: higher priced homes
- 16228, PA: equally priced homes
- 16238, PA: higher priced homes
- 95956, CA: higher priced homes
- 17953, PA: less expensive homes
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