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ZIP Code 62518

Learn about the people, housing, costs and businesses in 62518

Median Home$125,100
Median Rent$710/month
Population1,003
Leading IndustriesTransportation · Professional Services · Construction6% transportation
Home Value Growth⬆⬆+14.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$125k median home · lower cost than 86% of the country
ZIP Code
62518

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62518?

As of today, the 30-year fixed mortgage rate for ZIP code 62518 is approximately 7.473% (7.492% 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 62518
What is the median home price in ZIP code 62518?

The median home value in ZIP code 62518 is $125k. The median monthly rent is $710. 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 62518?

Home values in ZIP code 62518 have increased 14.9% over the past two years. This indicates a strong appreciation trend. 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 62518?

Based on a typical all-in ownership cost of $847/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62518 is $73k/year.

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What industries drive the economy in ZIP code 62518?

The largest employment sectors in ZIP code 62518 are public administration (18%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.