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These days, finding an affordable place to live in the 62997 area can be challenging. Home prices in 62997 are now at a median cost of $66,816, lower than the Illinois average of $242,002.
The average cost of rent is $748/mo in 62997, primarily driven by the current value of real estate in the 62997 area. While nearly 45.85% of residents own their homes outright in 62997, 11.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 62997 is $4,640 per month. Households that rent pay about 16.12% of their income on rent here. 62997's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 62272, IL: higher priced homes
- 62916, IL: higher priced homes
- 62238, IL: higher priced homes
- 62288, IL: higher priced homes
- 62907, IL: higher priced homes
- 62280, IL: higher priced homes
- 62233, IL: higher priced homes
- 62297, IL: higher priced homes
- 62274, IL: higher priced homes
- 62259, IL: higher priced homes
Zip Codes with Similar Populations
- 52229, IA: higher priced homes
- 72036, AR: less expensive homes
- 72003, AR: higher priced homes
- 71950, AR: higher priced homes
- 71944, AR: higher priced homes
- 71256, LA: less expensive homes
- 70646, LA: higher priced homes
- 69127, NE: higher priced homes
- 68961, NE: higher priced homes
- 68926, NE: equally priced homes
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