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These days, finding an affordable place to live in the 62902 area can be challenging. Home prices in 62902 are now at a median cost of $212,297, lower than the Illinois average of $300,242.
The average cost of rent is $807/mo in 62902, primarily driven by the current value of real estate in the 62902 area. In 62902, 30.89% of households rent, and 58.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62902 is $6,298 per month. Households that rent pay about 12.81% of their income on rent here. 62902’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 62901, IL: less expensive homes
- 62958, IL: less expensive homes
- 62903, IL: less expensive homes
- 62918, IL: equally priced homes
- 62915, IL: less expensive homes
- 62933, IL: less expensive homes
- 62966, IL: less expensive homes
- 62920, IL: less expensive homes
- 62975, IL: less expensive homes
- 62905, IL: equally priced homes
Zip Codes with Similar Populations
- 23040, VA: equally priced homes
- 83252, ID: higher priced homes
- 82443, WY: higher priced homes
- 27830, NC: less expensive homes
- 27563, NC: less expensive homes
- 26582, WV: less expensive homes
- 25832, WV: equally priced homes
- 24124, VA: less expensive homes
- 23927, VA: higher priced homes
- 23457, VA: higher priced homes
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