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These days, finding an affordable place to live in the 62874 area can be challenging. Home prices in 62874 are now at a median cost of $70,300, lower than the Illinois average of $242,002.
The average cost of rent is $632/mo in 62874, primarily driven by the current value of real estate in the 62874 area. While nearly 48.18% of residents own their homes outright in 62874, 12.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62874 is $3,177 per month. Households that rent pay about 19.89% of their income on rent here. 62874's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 62896, IL: higher priced homes
- 62841, IL: higher priced homes
- 62999, IL: less expensive homes
- 62819, IL: less expensive homes
- 62822, IL: equally priced homes
- 62812, IL: higher priced homes
- 62865, IL: higher priced homes
- 62951, IL: higher priced homes
- 62825, IL: higher priced homes
- 62891, IL: equally priced homes
Zip Codes with Similar Populations
- 04237, ME: higher priced homes
- 97342, OR: higher priced homes
- 12752, NY: higher priced homes
- 12743, NY: higher priced homes
- 12493, NY: higher priced homes
- 12435, NY: higher priced homes
- 99540, AK: higher priced homes
- 12177, NY: higher priced homes
- 05837, VT: higher priced homes
- 05748, VT: higher priced homes
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