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These days, finding an affordable place to live in the 62888 area can be challenging. Home prices in 62888 are now at a median cost of $116,839, lower than the Illinois average of $300,242.
The average cost of rent is $809/mo in 62888, primarily driven by the current value of real estate in the 62888 area. In 62888, 10.76% of households rent, and 55.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62888 is $5,420 per month. Households that rent pay about 14.93% of their income on rent here. 62888’s most expensive areas are in the western 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
- 62274, IL: higher priced homes
- 62832, IL: less expensive homes
- 62831, IL: higher priced homes
- 62883, IL: higher priced homes
- 62884, IL: less expensive homes
- 62876, IL: equally priced homes
- 62894, IL: higher priced homes
- 62891, IL: less expensive homes
- 62816, IL: less expensive homes
- 62238, IL: less expensive homes
Zip Codes with Similar Populations
- 04971, ME: higher priced homes
- 57362, SD: higher priced homes
- 65582, MO: higher priced homes
- 64671, MO: higher priced homes
- 64648, MO: higher priced homes
- 64489, MO: higher priced homes
- 62898, IL: higher priced homes
- 61744, IL: higher priced homes
- 61732, IL: higher priced homes
- 61376, IL: equally priced homes
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