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These days, finding an affordable place to live in the 62807 area can be challenging. Home prices in 62807 are now at a median cost of $118,022, lower than the Illinois average of $242,002.
The average cost of rent is $509/mo in 62807, primarily driven by the current value of real estate in the 62807 area. While nearly 34.16% of residents own their homes outright in 62807, 7.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62807 is $5,713 per month. Households that rent pay about 8.90% of their income on rent here. 62807's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62854, IL: less expensive homes
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- 62875, IL: less expensive homes
- 62880, IL: equally priced homes
- 62892, IL: higher priced homes
- 62870, IL: less expensive homes
- 62885, IL: equally priced homes
- 62838, IL: less expensive homes
- 62882, IL: less expensive homes
- 62899, IL: equally priced homes
Zip Codes with Similar Populations
- 02199, MA: higher priced homes
- 04108, ME: higher priced homes
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- 07878, NJ: higher priced homes
- 07977, NJ: higher priced homes
- 12585, NY: higher priced homes
- 12734, NY: higher priced homes
- 12746, NY: higher priced homes
- 12914, NY: less expensive homes
- 12977, NY: higher priced homes
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