ZIP code 62450: income, home prices and cost of living

The median household income in ZIP 62450 is $62,033, which is 15% below the Illinois median of $72,639 and 10% below the national figure. The typical home is valued at $110,200, and the median rent is $724/month. 69.5% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$62,033

Illinois average
$72,63915%
National
$68,75010%

Median home value

$110,200

Illinois average
$160,85031%
National
$209,60047%

Median gross rent

$724

Illinois average
$90620%
National
$98426%

Median age

43.3 yrs

Illinois average
41.0 yrs6%
National
41.0 yrs6%

Homeownership rate

69.5%

Illinois average
78.2%11%
National
75.8%8%

Bachelor's degree or higher

14.0%

Illinois average
15.6%10%
National
15.9%12%

How ZIP 62450 compares with Illinois and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Illinois

62448624546244162439624716240162521625226252662363

Or compare 62450 with 62448.

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What people search about ZIP 62450

Searches for the cost of living in 62450, the median household income in 62450, average rent in 62450 and home values in this part of Illinois all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 62450, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.