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These days, finding an affordable place to live in the 62951 area can be challenging. Home prices in 62951 are now at a median cost of $109,293, lower than the Illinois average of $300,242.
The average cost of rent is $961/mo in 62951, primarily driven by the current value of real estate in the 62951 area. In 62951, 23.09% of households rent, and 49.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62951 is $4,162 per month. Households that rent pay about 23.09% of their income on rent here. 62951’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 62841, IL: equally priced homes
- 62896, IL: equally priced homes
- 62948, IL: higher priced homes
- 62933, IL: higher priced homes
- 62959, IL: higher priced homes
- 62974, IL: higher priced homes
- 62874, IL: less expensive homes
- 62921, IL: equally priced homes
- 62999, IL: less expensive homes
- 62918, IL: higher priced homes
Zip Codes with Similar Populations
- 02539, MA: higher priced homes
- 56310, MN: higher priced homes
- 50324, IA: higher priced homes
- 51555, IA: higher priced homes
- 52772, IA: higher priced homes
- 53594, WI: higher priced homes
- 54411, WI: higher priced homes
- 54568, WI: higher priced homes
- 54727, WI: higher priced homes
- 54730, WI: higher priced homes
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