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Expensive
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These days, finding an affordable place to live in the 62650 area can be challenging. Home prices in 62650 are now at a median cost of $111,827, lower than the Illinois average of $242,002.
The average cost of rent is $705/mo in 62650, primarily driven by the current value of real estate in the 62650 area. While nearly 39.53% of residents own their homes outright in 62650, 34.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62650 is $4,758 per month. Households that rent pay about 14.82% of their income on rent here. 62650's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62695, IL: higher priced homes
- 62628, IL: less expensive homes
- 62631, IL: higher priced homes
- 62601, IL: higher priced homes
- 62638, IL: equally priced homes
- 62611, IL: equally priced homes
- 62694, IL: less expensive homes
- 62612, IL: equally priced homes
- 62621, IL: less expensive homes
- 62665, IL: less expensive homes
Zip Codes with Similar Populations
- 06451, CT: higher priced homes
- 75039, TX: higher priced homes
- 60827, IL: less expensive homes
- 94947, CA: higher priced homes
- 45356, OH: higher priced homes
- 45102, OH: higher priced homes
- 44310, OH: less expensive homes
- 43605, OH: less expensive homes
- 39211, MS: higher priced homes
- 35806, AL: higher priced homes
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