Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 62947 area can be challenging. Home prices in 62947 are now at a median cost of $144,742, lower than the Illinois average of $242,002.
The average cost of rent is $607/mo in 62947, primarily driven by the current value of real estate in the 62947 area. While nearly 67.52% of residents own their homes outright in 62947, 13.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62947 is $5,403 per month. Households that rent pay about 11.24% of their income on rent here. 62947's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62931, IL: less expensive homes
- 62982, IL: less expensive homes
- 62928, IL: equally priced homes
- 62954, IL: less expensive homes
- 42084, KY: less expensive homes
- 62919, IL: less expensive homes
- 62917, IL: less expensive homes
- 62987, IL: less expensive homes
- 62985, IL: less expensive homes
- 62967, IL: less expensive homes
Zip Codes with Similar Populations
- 13740, NY: higher priced homes
- 04653, ME: higher priced homes
- 87023, NM: equally priced homes
- 16821, PA: equally priced homes
- 16230, PA: less expensive homes
- 15948, PA: higher priced homes
- 15753, PA: less expensive homes
- 15655, PA: higher priced homes
- 15539, PA: higher priced homes
- 14808, NY: less expensive homes
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