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These days, finding an affordable place to live in the 62941 area can be challenging. Home prices in 62941 are now at a median cost of $92,075, lower than the Illinois average of $300,242.
The average cost of rent is $763/mo in 62941, primarily driven by the current value of real estate in the 62941 area. In 62941, 19.35% of households rent, and 61.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62941 is $4,510 per month. Households that rent pay about 16.92% of their income on rent here. 62941’s most expensive areas are in the northeastern 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
- 62956, IL: higher priced homes
- 42022, KY: higher priced homes
- 62953, IL: equally priced homes
- 62970, IL: equally priced homes
- 62908, IL: higher priced homes
- 62973, IL: equally priced homes
- 62923, IL: higher priced homes
- 62992, IL: equally priced homes
- 62996, IL: higher priced homes
- 62976, IL: higher priced homes
Zip Codes with Similar Populations
- 67123, KS: higher priced homes
- 56727, MN: higher priced homes
- 57375, SD: higher priced homes
- 59066, MT: higher priced homes
- 59262, MT: higher priced homes
- 59472, MT: higher priced homes
- 61263, IL: higher priced homes
- 61314, IL: equally priced homes
- 62688, IL: higher priced homes
- 56289, MN: higher priced homes
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