Affordable
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These days, finding an affordable place to live in the 62942 area can be challenging. Home prices in 62942 are now at a median cost of $39,400, lower than the Illinois average of $242,002.
The average cost of rent is $565/mo in 62942, primarily driven by the current value of real estate in the 62942 area. While nearly 59.84% of residents own their homes outright in 62942, 23.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62942 is $4,010 per month. Households that rent pay about 14.09% of their income on rent here. 62942's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 63732, MO: higher priced homes
- 62940, IL: higher priced homes
- 63748, MO: higher priced homes
- 62975, IL: higher priced homes
- 62950, IL: higher priced homes
- 62998, IL: higher priced homes
- 62905, IL: higher priced homes
- 63783, MO: higher priced homes
- 63746, MO: higher priced homes
- 63770, MO: higher priced homes
Zip Codes with Similar Populations
- 99761, AK: higher priced homes
- 95427, CA: higher priced homes
- 97109, OR: higher priced homes
- 97531, OR: higher priced homes
- 97638, OR: higher priced homes
- 99683, AK: higher priced homes
- 18241, PA: higher priced homes
- 17862, PA: higher priced homes
- 16832, PA: higher priced homes
- 16372, PA: higher priced homes
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