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These days, finding an affordable place to live in the 62560 area can be challenging. Home prices in 62560 are now at a median cost of $118,991, lower than the Illinois average of $242,002.
The average cost of rent is $725/mo in 62560, primarily driven by the current value of real estate in the 62560 area. While nearly 41.57% of residents own their homes outright in 62560, 23.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62560 is $5,997 per month. Households that rent pay about 12.10% of their income on rent here. 62560's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62538, IL: equally priced homes
- 62572, IL: higher priced homes
- 62015, IL: equally priced homes
- 62533, IL: equally priced homes
- 62546, IL: less expensive homes
- 62051, IL: less expensive homes
- 62094, IL: less expensive homes
- 62672, IL: higher priced homes
- 62640, IL: equally priced homes
- 62556, IL: less expensive homes
Zip Codes with Similar Populations
- 75102, TX: higher priced homes
- 50076, IA: less expensive homes
- 50174, IA: equally priced homes
- 50621, IA: equally priced homes
- 56670, MN: less expensive homes
- 61725, IL: higher priced homes
- 71462, LA: less expensive homes
- 71834, AR: less expensive homes
- 73834, OK: less expensive homes
- 74072, OK: equally priced homes
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