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These days, finding an affordable place to live in the 62992 area can be challenging. Home prices in 62992 are now at a median cost of $85,393, lower than the Illinois average of $300,242.
The average cost of rent is $653/mo in 62992, primarily driven by the current value of real estate in the 62992 area. In 62992, 22.06% of households rent, and 69.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62992 is $4,638 per month. Households that rent pay about 14.09% of their income on rent here. 62992’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 62976, IL: higher priced homes
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- 62996, IL: higher priced homes
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- 62941, IL: equally priced homes
Zip Codes with Similar Populations
- 49915, MI: equally priced homes
- 79225, TX: equally priced homes
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- 71404, LA: less expensive homes
- 68710, NE: higher priced homes
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- 57314, SD: higher priced homes
- 56575, MN: higher priced homes
- 02858, RI: higher priced homes
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