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These days, finding an affordable place to live in the 62882 area can be challenging. Home prices in 62882 are now at a median cost of $87,425, lower than the Illinois average of $300,242.
The average cost of rent is $749/mo in 62882, primarily driven by the current value of real estate in the 62882 area. In 62882, 21.71% of households rent, and 53.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62882 is $4,617 per month. Households that rent pay about 16.22% of their income on rent here. 62882’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern 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
- 62870, IL: higher priced homes
- 62801, IL: higher priced homes
- 62250, IL: higher priced homes
- 62881, IL: higher priced homes
- 62875, IL: higher priced homes
- 62231, IL: higher priced homes
- 62853, IL: higher priced homes
- 62253, IL: higher priced homes
- 62807, IL: higher priced homes
- 62219, IL: higher priced homes
Zip Codes with Similar Populations
- 12056, NY: higher priced homes
- 12149, NY: higher priced homes
- 17309, PA: higher priced homes
- 17938, PA: higher priced homes
- 22542, VA: higher priced homes
- 26035, WV: higher priced homes
- 28740, NC: higher priced homes
- 29448, SC: equally priced homes
- 92365, CA: higher priced homes
- 86556, AZ: less expensive homes
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