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These days, finding an affordable place to live in the 62884 area can be challenging. Home prices in 62884 are now at a median cost of $101,220, lower than the Illinois average of $300,242.
The average cost of rent is $805/mo in 62884, primarily driven by the current value of real estate in the 62884 area. In 62884, 22.32% of households rent, and 58.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62884 is $4,851 per month. Households that rent pay about 16.59% of their income on rent here. 62884’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 62891, IL: less expensive homes
- 62883, IL: higher priced homes
- 62825, IL: equally priced homes
- 62819, IL: less expensive homes
- 62822, IL: less expensive homes
- 62897, IL: higher priced homes
- 62865, IL: higher priced homes
- 62846, IL: higher priced homes
- 62812, IL: equally priced homes
- 62816, IL: equally priced homes
Zip Codes with Similar Populations
- 12072, NY: higher priced homes
- 27053, NC: higher priced homes
- 07505, NJ: higher priced homes
- 48822, MI: higher priced homes
- 95663, CA: higher priced homes
- 85708, AZ: higher priced homes
- 79504, TX: higher priced homes
- 75568, TX: higher priced homes
- 72662, AR: higher priced homes
- 64644, MO: higher priced homes
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