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ZIP Code 62316, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 62316.

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Community Insights

Affordable Market
$95k median home
lower cost than 95% of the country
Leading Industries
Transportation · Public Administration · Construction
5% transportation
Home Value Growth⬆⬆⬆
+30.4% over 2 years
Family-Friendly
24% of residents
slightly above average
Homeowners
88% of occupied units

People & Demographics

Total Population750
Households
Under 18
24.0%
Age 18–34
23.0%
Age 35–64
29.0%
Age 65+
23.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$95,474
Median Gross Rent$624/mo
Owner Occupied
87.7%
Renter Occupied
12.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$66,280
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services2.0%
Manufacturing0.0%
Retail16.0%
Education0.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
15.0%
Master's or Higher
5.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 62316?

The total population of ZIP code 62316 is approximately 750. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 62316?

The housing market in ZIP code 62316 is predominantly driven by homeowners, with 88% of housing units being owner-occupied and 12% being renter-occupied.

What is the education level of residents in ZIP code 62316?

In ZIP code 62316, approximately 15% of adult residents hold a bachelor's degree or higher. Additionally, 5% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.