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These days, finding an affordable place to live in the 62707 area can be challenging. Home prices in 62707 are now at a median cost of $108,484, lower than the Illinois average of $242,002.
The average cost of rent is $828/mo in 62707, primarily driven by the current value of real estate in the 62707 area. While nearly 45.20% of residents own their homes outright in 62707, 16.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62707 is $5,465 per month. Households that rent pay about 15.15% of their income on rent here. 62707's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62702, IL: less expensive homes
- 62684, IL: higher priced homes
- 62701, IL: less expensive homes
- 62561, IL: higher priced homes
- 62625, IL: higher priced homes
- 62703, IL: less expensive homes
- 62704, IL: higher priced homes
- 62712, IL: higher priced homes
- 62711, IL: higher priced homes
- 62693, IL: higher priced homes
Zip Codes with Similar Populations
- 75693, TX: higher priced homes
- 15139, PA: higher priced homes
- 15223, PA: higher priced homes
- 16033, PA: higher priced homes
- 17360, PA: higher priced homes
- 17579, PA: higher priced homes
- 19032, PA: equally priced homes
- 28762, NC: higher priced homes
- 29544, SC: higher priced homes
- 29666, SC: higher priced homes
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