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ZIP Code 62306

Learn about the people, housing, costs and businesses in 62306

Median Home$143,800
Median Rent$680/month
Population951
Leading IndustriesPublic Administration · Retail · Transportation31% public administration
Home Value Growth+9.1% over 2 years
Retirees30% of residentswell above average
Renters93% of occupied units
NotableAffordable Market$144k median home · lower cost than 80% of the country
ZIP Code
62306

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62306?

As of today, the 30-year fixed mortgage rate for ZIP code 62306 is approximately 7.625% (7.695% 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 62306
What is the median home price in ZIP code 62306?

The median home value in ZIP code 62306 is $144k. The median monthly rent is $680. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 62306?

Home values in ZIP code 62306 have increased 9.1% 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 62306?

Based on a typical all-in ownership cost of $694/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 62306 is $19k/year.

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What industries drive the economy in ZIP code 62306?

The largest employment sectors in ZIP code 62306 are public administration (31%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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