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ZIP Code 62340, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 62340.

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Community Insights

Affordable Market
$99k median home
lower cost than 94% of the country
Veteran Community
9% of residents
top 23% nationally
Leading Industries
Transportation · Construction · Agriculture & Mining
4% transportation
Home Value Growth
-2.8% over 2 years
Retirees
21% of residents
near the national average
Homeowners
69% of occupied units

People & Demographics

Total Population568
Households
Under 18
20.0%
Age 18–34
24.0%
Age 35–64
34.0%
Age 65+
21.0%
Veterans
9.0%
Active Duty
0.0%

Housing & Living

Median Home Value$99,006
Median Gross Rent$658/mo
Owner Occupied
69.3%
Renter Occupied
30.7%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$53,715
Poverty Rate

Key Industries

Healthcare3.0%
Professional Services1.0%
Manufacturing0.0%
Retail14.0%
Education0.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
12.0%
Master's or Higher
4.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 62340?

The total population of ZIP code 62340 is approximately 568. 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 62340?

The housing market in ZIP code 62340 is predominantly driven by homeowners, with 69% of housing units being owner-occupied and 31% being renter-occupied.

What is the education level of residents in ZIP code 62340?

In ZIP code 62340, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.