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These days, finding an affordable place to live in the 62962 area can be challenging. Home prices in 62962 are now at a median cost of $58,800, lower than the Illinois average of $242,002.
The average cost of rent is $766/mo in 62962, primarily driven by the current value of real estate in the 62962 area. While nearly 65.98% of residents own their homes outright in 62962, 21.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62962 is $4,433 per month. Households that rent pay about 17.28% of their income on rent here. 62962's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 62969, IL: equally priced homes
- 63742, MO: higher priced homes
- 62990, IL: higher priced homes
- 62964, IL: less expensive homes
- 62988, IL: higher priced homes
- 62963, IL: less expensive homes
- 63736, MO: higher priced homes
- 62914, IL: less expensive homes
- 62976, IL: higher priced homes
- 62996, IL: higher priced homes
Zip Codes with Similar Populations
- 10174, NY: higher priced homes
- 06059, CT: higher priced homes
- 06376, CT: higher priced homes
- 07881, NJ: higher priced homes
- 08039, NJ: higher priced homes
- 08217, NJ: higher priced homes
- 10112, NY: higher priced homes
- 10153, NY: higher priced homes
- 10165, NY: higher priced homes
- 01202, MA: higher priced homes
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