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ZIP Code 62557

Learn about the people, housing, costs and businesses in 62557

Median Home$78,378
Median Rent$673/month
Population5,582
Leading IndustriesPublic Administration · Transportation · Education34% public administration
Home Value Growth⬆⬆⬆+24.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners67% of occupied units
NotableAffordable Market$78k median home · lower cost than 98% of the country
NotableVeteran Community9% of residents · top 23% nationally
ZIP Code
62557

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62557?

As of today, the 30-year fixed mortgage rate for ZIP code 62557 is approximately 7.472% (7.491% 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 62557
What is the median home price in ZIP code 62557?

The median home value in ZIP code 62557 is $78k. The median monthly rent is $673. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 62557?

Home values in ZIP code 62557 have increased 24.5% 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 62557?

Based on a typical all-in ownership cost of $688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62557 is $48k/year.

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What industries drive the economy in ZIP code 62557?

The largest employment sectors in ZIP code 62557 are public administration (34%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.