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These days, finding an affordable place to live in the 62880 area can be challenging. Home prices in 62880 are now at a median cost of $110,311, lower than the Illinois average of $242,002.
The average cost of rent is $587/mo in 62880, primarily driven by the current value of real estate in the 62880 area. While nearly 74.22% of residents own their homes outright in 62880, 17.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62880 is $5,255 per month. Households that rent pay about 11.16% of their income on rent here. 62880's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 62838, IL: equally priced homes
- 62854, IL: equally priced homes
- 62885, IL: higher priced homes
- 62807, IL: equally priced homes
- 62426, IL: equally priced homes
- 62892, IL: higher priced homes
- 62443, IL: higher priced homes
- 62875, IL: less expensive homes
- 62471, IL: less expensive homes
- 62858, IL: less expensive homes
Zip Codes with Similar Populations
- 04774, ME: less expensive homes
- 05439, VT: higher priced homes
- 05873, VT: higher priced homes
- 07976, NJ: higher priced homes
- 10578, NY: higher priced homes
- 68461, NE: higher priced homes
- 62885, IL: higher priced homes
- 62977, IL: equally priced homes
- 64074, MO: higher priced homes
- 64483, MO: equally priced homes
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