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Affordable
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These days, finding an affordable place to live in the 62841 area can be challenging. Home prices in 62841 are now at a median cost of $110,652, lower than the Illinois average of $300,242.
The average cost of rent is $540/mo in 62841, primarily driven by the current value of real estate in the 62841 area. In 62841, 29.66% of households rent, and 49.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62841 is $4,702 per month. Households that rent pay about 11.48% of their income on rent here. 62841’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 62999, IL: less expensive homes
- 62948, IL: higher priced homes
- 62874, IL: less expensive homes
- 62951, IL: equally priced homes
- 62896, IL: less expensive homes
- 62921, IL: equally priced homes
- 62933, IL: higher priced homes
- 62983, IL: less expensive homes
- 62918, IL: higher priced homes
- 62949, IL: less expensive homes
Zip Codes with Similar Populations
- 81128, CO: higher priced homes
- 43505, OH: higher priced homes
- 43738, OH: higher priced homes
- 43761, OH: equally priced homes
- 43925, OH: higher priced homes
- 43974, OH: higher priced homes
- 44619, OH: higher priced homes
- 45172, OH: higher priced homes
- 45316, OH: higher priced homes
- 81030, CO: higher priced homes
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