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These days, finding an affordable place to live in the 62914 area can be challenging. Home prices in 62914 are now at a median cost of $27,781, lower than the Illinois average of $300,242.
The average cost of rent is $544/mo in 62914, primarily driven by the current value of real estate in the 62914 area. In 62914, 34.40% of households rent, and 74.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62914 is $3,060 per month. Households that rent pay about 17.77% of their income on rent here. 62914’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 62963, IL: higher priced homes
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- 62996, IL: higher priced homes
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- 63834, MO: higher priced homes
- 42056, KY: higher priced homes
- 62969, IL: higher priced homes
Zip Codes with Similar Populations
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- 83241, ID: higher priced homes
- 46745, IN: higher priced homes
- 65256, MO: higher priced homes
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