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These days, finding an affordable place to live in the 62862 area can be challenging. Home prices in 62862 are now at a median cost of $63,866, lower than the Illinois average of $242,002.
The average cost of rent is $612/mo in 62862, primarily driven by the current value of real estate in the 62862 area. While nearly 71.65% of residents own their homes outright in 62862, 14.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62862 is $4,383 per month. Households that rent pay about 13.96% of their income on rent here. 62862's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62809, IL: higher priced homes
- 62820, IL: equally priced homes
- 62887, IL: equally priced homes
- 62837, IL: higher priced homes
- 62843, IL: less expensive homes
- 62833, IL: higher priced homes
- 62886, IL: higher priced homes
- 62895, IL: higher priced homes
- 62827, IL: higher priced homes
- 62806, IL: higher priced homes
Zip Codes with Similar Populations
- 93512, CA: higher priced homes
- 15832, PA: higher priced homes
- 16634, PA: higher priced homes
- 16876, PA: higher priced homes
- 21052, MD: higher priced homes
- 22529, VA: higher priced homes
- 22964, VA: higher priced homes
- 23119, VA: higher priced homes
- 24377, VA: higher priced homes
- 95606, CA: higher priced homes
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