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These days, finding an affordable place to live in the 62803 area can be challenging. Home prices in 62803 are now at a median cost of $129,012, lower than the Illinois average of $300,242.
The average cost of rent is $1,001/mo in 62803, primarily driven by the current value of real estate in the 62803 area. In 62803, 26.61% of households rent, and 46.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62803 is $7,207 per month. Households that rent pay about 13.90% of their income on rent here. 62803’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 62250, IL: higher priced homes
- 62848, IL: less expensive homes
- 62877, IL: equally priced homes
- 62263, IL: higher priced homes
- 62801, IL: less expensive homes
- 62808, IL: higher priced homes
- 62218, IL: higher priced homes
- 62893, IL: equally priced homes
- 62271, IL: higher priced homes
- 62898, IL: higher priced homes
Zip Codes with Similar Populations
- 53808, WI: higher priced homes
- 67831, KS: less expensive homes
- 59414, MT: higher priced homes
- 57564, SD: higher priced homes
- 57523, SD: higher priced homes
- 57315, SD: higher priced homes
- 56054, MN: higher priced homes
- 55925, MN: higher priced homes
- 54854, WI: higher priced homes
- 54835, WI: higher priced homes
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