ZIP code 62702: income, home prices and cost of living

The median household income in ZIP 62702 is $51,814, which is 29% below the Illinois median of $72,639 and 25% below the national figure. The typical home is valued at $97,800, and the median rent is $820/month. 63.1% of households own their home.

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

Median household income

$51,814

Illinois average
$72,63929%
National
$68,75025%

Median home value

$97,800

Illinois average
$160,85039%
National
$209,60053%

Median gross rent

$820

Illinois average
$9069%
National
$98417%

Median age

38.4 yrs

Illinois average
41.0 yrs6%
National
41.0 yrs6%

Homeownership rate

63.1%

Illinois average
78.2%19%
National
75.8%17%

Bachelor's degree or higher

12.6%

Illinois average
15.6%19%
National
15.9%21%

How ZIP 62702 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

62703627046270762711627126268462681626756265662650

Or compare 62702 with 62703.

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What people search about ZIP 62702

Searches for the cost of living in 62702, the median household income in 62702, average rent in 62702 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 62702, 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.