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ZIP Code 62048

Learn about the people, housing, costs and businesses in 62048

Median Home$95,055
Median Rent$849/month
Population3,203
Leading IndustriesInformation & Media · Transportation · Finance & Insurance14% information & media
Home Value Growth+8.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners81% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAffordable Market$95k median home · lower cost than 95% of the country
ZIP Code
62048

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62048?

As of today, the 30-year fixed mortgage rate for ZIP code 62048 is approximately 7.473% (7.492% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 62048
What is the median home price in ZIP code 62048?

The median home value in ZIP code 62048 is $95k. The median monthly rent is $849. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 62048?

Home values in ZIP code 62048 have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 62048?

Based on a typical all-in ownership cost of $701/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62048 is $54k/year.

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What industries drive the economy in ZIP code 62048?

The largest employment sectors in ZIP code 62048 are public administration (19%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.