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These days, finding an affordable place to live in the 62891 area can be challenging. Home prices in 62891 are now at a median cost of $84,881, lower than the Illinois average of $300,242.
The average cost of rent is $1,130/mo in 62891, primarily driven by the current value of real estate in the 62891 area. In 62891, 14.79% of households rent, and 60.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62891 is $5,554 per month. Households that rent pay about 20.35% of their income on rent here. 62891’s most expensive areas are in the southwestern 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
- 62825, IL: higher priced homes
- 62819, IL: equally priced homes
- 62822, IL: equally priced homes
- 62865, IL: higher priced homes
- 62884, IL: higher priced homes
- 62812, IL: higher priced homes
- 62874, IL: equally priced homes
- 62897, IL: higher priced homes
- 62832, IL: higher priced homes
- 62883, IL: higher priced homes
Zip Codes with Similar Populations
- 87580, NM: higher priced homes
- 18622, PA: higher priced homes
- 20632, MD: higher priced homes
- 23025, VA: higher priced homes
- 23160, VA: higher priced homes
- 26275, WV: higher priced homes
- 26576, WV: higher priced homes
- 83844, ID: higher priced homes
- 84772, UT: higher priced homes
- 86331, AZ: higher priced homes
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