Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 62831, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 62831.

← Back to ZIP Code 62831 Hub

Community Insights

Veteran Community
10% of residents
top 16% nationally
Affordable Market
$159k median home
lower cost than 74% of the country
Leading Industries
Manufacturing · Agriculture & Mining · Construction
4% manufacturing
Home Value Growth⬆⬆
+20.5% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
89% of occupied units

People & Demographics

Total Population1,165
Households—
Under 18
18.0%
Age 18–34
23.0%
Age 35–64
36.0%
Age 65+
24.0%
Veterans
10.0%
Active Duty
0.0%

Housing & Living

Median Home Value$159,315
Median Gross Rent$792/mo
Owner Occupied
89.3%
Renter Occupied
10.7%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$78,820
Poverty Rate—

Key Industries

Healthcare6.0%
Professional Services1.0%
Manufacturing4.0%
Retail17.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
—
Bachelor's Degree
12.0%
Master's or Higher
6.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 62831?›

The total population of ZIP code 62831 is approximately 1,165. 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 62831?›

The housing market in ZIP code 62831 is predominantly driven by homeowners, with 89% of housing units being owner-occupied and 11% being renter-occupied.

What is the education level of residents in ZIP code 62831?›

In ZIP code 62831, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.