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These days, finding an affordable place to live in the 62861 area can be challenging. Home prices in 62861 are now at a median cost of $100,401, lower than the Illinois average of $242,002.
The average cost of rent is $596/mo in 62861, primarily driven by the current value of real estate in the 62861 area. While nearly 48.37% of residents own their homes outright in 62861, 5.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62861 is $6,596 per month. Households that rent pay about 9.03% of their income on rent here. 62861's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62821, IL: higher priced homes
- 47631, IN: higher priced homes
- 62827, IL: equally priced homes
- 62867, IL: less expensive homes
- 47620, IN: higher priced homes
- 62869, IL: equally priced homes
- 47638, IN: higher priced homes
- 62835, IL: equally priced homes
- 47633, IN: higher priced homes
- 62887, IL: less expensive homes
Zip Codes with Similar Populations
- 81237, CO: higher priced homes
- 56313, MN: higher priced homes
- 56629, MN: higher priced homes
- 56668, MN: higher priced homes
- 56680, MN: higher priced homes
- 56687, MN: higher priced homes
- 57346, SD: higher priced homes
- 57379, SD: higher priced homes
- 57455, SD: less expensive homes
- 57457, SD: less expensive homes
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