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These days, finding an affordable place to live in the 62557 area can be challenging. Home prices in 62557 are now at a median cost of $104,249, lower than the Illinois average of $242,002.
The average cost of rent is $618/mo in 62557, primarily driven by the current value of real estate in the 62557 area. While nearly 53.66% of residents own their homes outright in 62557, 19.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62557 is $4,268 per month. Households that rent pay about 14.48% of their income on rent here. 62557's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62083, IL: higher priced homes
- 62571, IL: higher priced homes
- 62553, IL: higher priced homes
- 62076, IL: less expensive homes
- 62555, IL: higher priced homes
- 62438, IL: higher priced homes
- 62431, IL: equally priced homes
- 62075, IL: less expensive homes
- 62422, IL: less expensive homes
- 62565, IL: higher priced homes
Zip Codes with Similar Populations
- 88401, NM: less expensive homes
- 17538, PA: higher priced homes
- 17961, PA: higher priced homes
- 20754, MD: higher priced homes
- 23842, VA: higher priced homes
- 25303, WV: higher priced homes
- 27817, NC: higher priced homes
- 28097, NC: higher priced homes
- 28428, NC: higher priced homes
- 28604, NC: higher priced homes
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