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ZIP Code 62241

Learn about the people, housing, costs and businesses in 62241

Median Home$182,761
Median Rent$854/month
Population1,883
Leading IndustryPublic Administration37% of local workforce
Home Value Growth+6.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners93% of occupied units
NotableHigh Incomes$93k/year · top 23% nationally
ZIP Code
62241

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62241?

As of today, the 30-year fixed mortgage rate for ZIP code 62241 is approximately 7.625% (7.722% 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 62241
What is the median home price in ZIP code 62241?

The median home value in ZIP code 62241 is $183k. The median monthly rent is $854. 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 62241?

Home values in ZIP code 62241 have increased 6.6% 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 62241?

Based on a typical all-in ownership cost of $890/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62241 is $93k/year.

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What industries drive the economy in ZIP code 62241?

The largest employment sectors in ZIP code 62241 are public administration (37%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.