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These days, finding an affordable place to live in the 62948 area can be challenging. Home prices in 62948 are now at a median cost of $135,236, lower than the Illinois average of $300,242.
The average cost of rent is $952/mo in 62948, primarily driven by the current value of real estate in the 62948 area. In 62948, 31.21% of households rent, and 43.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62948 is $5,413 per month. Households that rent pay about 17.59% of their income on rent here. 62948’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 62933, IL: higher priced homes
- 62921, IL: less expensive homes
- 62918, IL: higher priced homes
- 62841, IL: less expensive homes
- 62915, IL: higher priced homes
- 62951, IL: less expensive homes
- 62949, IL: less expensive homes
- 62999, IL: less expensive homes
- 62983, IL: less expensive homes
- 62959, IL: higher priced homes
Zip Codes with Similar Populations
- 99615, AK: higher priced homes
- 92075, CA: higher priced homes
- 95814, CA: higher priced homes
- 96795, HI: higher priced homes
- 97027, OR: higher priced homes
- 17103, PA: equally priced homes
- 17003, PA: higher priced homes
- 16428, PA: higher priced homes
- 14301, NY: less expensive homes
- 14201, NY: higher priced homes
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