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These days, finding an affordable place to live in the 62875 area can be challenging. Home prices in 62875 are now at a median cost of $136,088, lower than the Illinois average of $300,242.
The average cost of rent is $811/mo in 62875, primarily driven by the current value of real estate in the 62875 area. In 62875, 12.00% of households rent, and 44.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62875 is $5,579 per month. Households that rent pay about 14.54% of their income on rent here. 62875’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 62892, IL: higher priced homes
- 62885, IL: higher priced homes
- 62807, IL: higher priced homes
- 62253, IL: equally priced homes
- 62870, IL: equally priced homes
- 62882, IL: less expensive homes
- 62881, IL: less expensive homes
- 62284, IL: higher priced homes
- 62880, IL: higher priced homes
- 62854, IL: higher priced homes
Zip Codes with Similar Populations
- 80743, CO: higher priced homes
- 24822, WV: less expensive homes
- 25501, WV: less expensive homes
- 26146, WV: higher priced homes
- 26410, WV: less expensive homes
- 27826, NC: less expensive homes
- 29686, SC: higher priced homes
- 35572, AL: higher priced homes
- 41180, KY: less expensive homes
- 42076, KY: higher priced homes
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