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ZIP Code 62450

Learn about the people, housing, costs and businesses in 62450

Median Home$102,644
Median Rent$781/month
Population9,012
Leading IndustriesFinance & Insurance · Retail · Information & Media9% finance & insurance
Home Value Growth-0.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners66% of occupied units
NotableAffordable Market$103k median home · lower cost than 93% of the country
NotableVeteran Community9% of residents · top 23% nationally
ZIP Code
62450

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62450?

As of today, the 30-year fixed mortgage rate for ZIP code 62450 is approximately 7.498% (7.518% 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 62450
What is the median home price in ZIP code 62450?

The median home value in ZIP code 62450 is $103k. The median monthly rent is $781. 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 62450?

Home values in ZIP code 62450 have decreased 0.7% over the past two years. Buyers may find more negotiating room in this market. 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 62450?

Based on a typical all-in ownership cost of $714/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62450 is $58k/year.

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What industries drive the economy in ZIP code 62450?

The largest employment sectors in ZIP code 62450 are public administration (25%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.