ZIP code 62948: income, home prices and cost of living

The median household income in ZIP 62948 is $55,272, which is 24% below the Illinois median of $72,639 and 20% below the national figure. The typical home is valued at $105,200, and the median rent is $850/month. 64.0% of households own their home.

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

Median household income

$55,272

Illinois average
$72,63924%
National
$68,75020%

Median home value

$105,200

Illinois average
$160,85035%
National
$209,60050%

Median gross rent

$850

Illinois average
$9066%
National
$98414%

Median age

41.1 yrs

Illinois average
41.0 yrs
National
41.0 yrs

Homeownership rate

64.0%

Illinois average
78.2%18%
National
75.8%16%

Bachelor's degree or higher

15.4%

Illinois average
15.6%1%
National
15.9%3%

How ZIP 62948 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

Or compare 62948 with 62946.

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What people search about ZIP 62948

Searches for the cost of living in 62948, the median household income in 62948, average rent in 62948 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 62948, 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.