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These days, finding an affordable place to live in the 62972 area can be challenging. Home prices in 62972 are now at a median cost of $190,341, lower than the Illinois average of $300,242.
The average cost of rent is $1,203/mo in 62972, primarily driven by the current value of real estate in the 62972 area. In 62972, 7.18% of households rent, and 61.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62972 is $5,663 per month. Households that rent pay about 21.25% of their income on rent here. 62972’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern 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
- 62967, IL: less expensive homes
- 62922, IL: less expensive homes
- 62939, IL: less expensive homes
- 62985, IL: equally priced homes
- 62995, IL: less expensive homes
- 62987, IL: less expensive homes
- 62928, IL: less expensive homes
- 62912, IL: less expensive homes
- 62917, IL: less expensive homes
- 62902, IL: higher priced homes
Zip Codes with Similar Populations
- 80914, CO: higher priced homes
- 41722, KY: less expensive homes
- 43066, OH: higher priced homes
- 44449, OH: less expensive homes
- 45863, OH: less expensive homes
- 47020, IN: less expensive homes
- 47135, IN: equally priced homes
- 48738, MI: equally priced homes
- 49288, MI: less expensive homes
- 50233, IA: equally priced homes
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