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These days, finding an affordable place to live in the 62822 area can be challenging. Home prices in 62822 are now at a median cost of $77,443, lower than the Illinois average of $300,242.
The average cost of rent is $813/mo in 62822, primarily driven by the current value of real estate in the 62822 area. In 62822, 24.08% of households rent, and 67.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62822 is $4,227 per month. Households that rent pay about 19.24% of their income on rent here. 62822’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 62865, IL: higher priced homes
- 62825, IL: higher priced homes
- 62819, IL: equally priced homes
- 62891, IL: higher priced homes
- 62999, IL: less expensive homes
- 62874, IL: higher priced homes
- 62983, IL: equally priced homes
- 62812, IL: higher priced homes
- 62884, IL: higher priced homes
- 62841, IL: higher priced homes
Zip Codes with Similar Populations
- 99556, AK: higher priced homes
- 37308, TN: higher priced homes
- 77830, TX: higher priced homes
- 84629, UT: higher priced homes
- 95329, CA: higher priced homes
- 31555, GA: higher priced homes
- 28669, NC: higher priced homes
- 27844, NC: higher priced homes
- 26038, WV: higher priced homes
- 95464, CA: higher priced homes
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