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These days, finding an affordable place to live in the 62806 area can be challenging. Home prices in 62806 are now at a median cost of $105,843, lower than the Illinois average of $300,242.
The average cost of rent is $730/mo in 62806, primarily driven by the current value of real estate in the 62806 area. In 62806, 25.16% of households rent, and 56.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62806 is $4,792 per month. Households that rent pay about 15.23% of their income on rent here. 62806’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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
- 62818, IL: higher priced homes
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- 62843, IL: equally priced homes
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- 62852, IL: less expensive homes
- 62820, IL: less expensive homes
- 47616, IN: higher priced homes
- 62863, IL: equally priced homes
Zip Codes with Similar Populations
- 30711, GA: higher priced homes
- 61277, IL: higher priced homes
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- 63072, MO: higher priced homes
- 96137, CA: higher priced homes
- 12068, NY: higher priced homes
- 44878, OH: higher priced homes
- 44846, OH: higher priced homes
- 35130, AL: equally priced homes
- 32702, FL: higher priced homes
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