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These days, finding an affordable place to live in the 62988 area can be challenging. Home prices in 62988 are now at a median cost of $85,048, lower than the Illinois average of $242,002.
The average cost of rent is $634/mo in 62988, primarily driven by the current value of real estate in the 62988 area. While nearly 50.66% of residents own their homes outright in 62988, 21.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62988 is $3,925 per month. Households that rent pay about 16.14% of their income on rent here. 62988's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 62976, IL: equally priced homes
- 62969, IL: less expensive homes
- 62992, IL: less expensive homes
- 62961, IL: higher priced homes
- 62990, IL: equally priced homes
- 62996, IL: equally priced homes
- 62964, IL: less expensive homes
- 62962, IL: less expensive homes
- 62957, IL: equally priced homes
- 63742, MO: higher priced homes
Zip Codes with Similar Populations
- 04284, ME: higher priced homes
- 04434, ME: higher priced homes
- 04622, ME: higher priced homes
- 75447, TX: higher priced homes
- 77660, TX: higher priced homes
- 78880, TX: less expensive homes
- 05650, VT: higher priced homes
- 79529, TX: less expensive homes
- 15329, PA: higher priced homes
- 54748, WI: higher priced homes
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