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These days, finding an affordable place to live in the 62987 area can be challenging. Home prices in 62987 are now at a median cost of $129,349, lower than the Illinois average of $242,002.
The average cost of rent is $683/mo in 62987, primarily driven by the current value of real estate in the 62987 area. While nearly 53.77% of residents own their homes outright in 62987, 14.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62987 is $6,022 per month. Households that rent pay about 11.35% of their income on rent here. 62987's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 62917, IL: less expensive homes
- 62967, IL: less expensive homes
- 62922, IL: equally priced homes
- 62946, IL: less expensive homes
- 62972, IL: higher priced homes
- 62928, IL: equally priced homes
- 62974, IL: equally priced homes
- 62965, IL: less expensive homes
- 62959, IL: higher priced homes
- 62939, IL: equally priced homes
Zip Codes with Similar Populations
- 54210, WI: higher priced homes
- 70721, LA: higher priced homes
- 68864, NE: higher priced homes
- 68825, NE: equally priced homes
- 62431, IL: less expensive homes
- 61490, IL: less expensive homes
- 61279, IL: equally priced homes
- 58788, ND: less expensive homes
- 58344, ND: equally priced homes
- 57319, SD: equally priced homes
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