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These days, finding an affordable place to live in the 62994 area can be challenging. Home prices in 62994 are now at a median cost of $108,233, lower than the Illinois average of $242,002.
The average cost of rent is $688/mo in 62994, primarily driven by the current value of real estate in the 62994 area. While nearly 50.92% of residents own their homes outright in 62994, 10.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62994 is $4,905 per month. Households that rent pay about 14.03% of their income on rent here. 62994's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 62932, IL: less expensive homes
- 62927, IL: less expensive homes
- 62924, IL: equally priced homes
- 62832, IL: equally priced homes
- 62907, IL: higher priced homes
- 62949, IL: less expensive homes
- 62983, IL: less expensive homes
- 62916, IL: higher priced homes
- 62274, IL: equally priced homes
- 62865, IL: higher priced homes
Zip Codes with Similar Populations
- 02826, RI: higher priced homes
- 99782, AK: less expensive homes
- 99742, AK: less expensive homes
- 99671, AK: less expensive homes
- 99632, AK: less expensive homes
- 99143, WA: higher priced homes
- 99008, WA: higher priced homes
- 97492, OR: higher priced homes
- 97117, OR: higher priced homes
- 96091, CA: higher priced homes
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