Affordable
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These days, finding an affordable place to live in the 62931 area can be challenging. Home prices in 62931 are now at a median cost of $75,597, lower than the Illinois average of $242,002.
The average cost of rent is $276/mo in 62931, primarily driven by the current value of real estate in the 62931 area. While nearly 69.80% of residents own their homes outright in 62931, 28.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62931 is $3,821 per month. Households that rent pay about 7.23% of their income on rent here. 62931's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 42084, KY: equally priced homes
- 62982, IL: equally priced homes
- 62919, IL: higher priced homes
- 62947, IL: higher priced homes
- 62954, IL: higher priced homes
- 62928, IL: higher priced homes
- 42459, KY: higher priced homes
- 62917, IL: higher priced homes
- 62985, IL: higher priced homes
- 62987, IL: higher priced homes
Zip Codes with Similar Populations
- 49818, MI: higher priced homes
- 76621, TX: higher priced homes
- 54027, WI: higher priced homes
- 52209, IA: higher priced homes
- 52053, IA: higher priced homes
- 51461, IA: higher priced homes
- 50846, IA: higher priced homes
- 50540, IA: higher priced homes
- 50510, IA: higher priced homes
- 77456, TX: higher priced homes
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