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These days, finding an affordable place to live in the 62907 area can be challenging. Home prices in 62907 are now at a median cost of $142,269, lower than the Illinois average of $300,242.
The average cost of rent is $688/mo in 62907, primarily driven by the current value of real estate in the 62907 area. In 62907, 12.15% of households rent, and 52.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62907 is $6,795 per month. Households that rent pay about 10.13% of their income on rent here. 62907’s most expensive areas are in the central 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
- 62916, IL: less expensive homes
- 62997, IL: less expensive homes
- 62280, IL: less expensive homes
- 62950, IL: less expensive homes
- 62994, IL: equally priced homes
- 62940, IL: less expensive homes
- 62966, IL: equally priced homes
- 62932, IL: less expensive homes
- 62927, IL: less expensive homes
- 62924, IL: less expensive homes
Zip Codes with Similar Populations
- 10976, NY: higher priced homes
- 12581, NY: higher priced homes
- 12748, NY: higher priced homes
- 93516, CA: equally priced homes
- 28529, NC: higher priced homes
- 74463, OK: higher priced homes
- 04253, ME: higher priced homes
- 49325, MI: higher priced homes
- 49713, MI: higher priced homes
- 52151, IA: higher priced homes
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