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ZIP Code 62848

Learn about the people, housing, costs and businesses in 62848

Median Home$121,400
Median Rent$850/month
Population1,033
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining13% wholesale trade
Home Value Growth+7.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners84% of occupied units
NotableVeteran Community12% of residents · top 7% nationally
NotableAffordable Market$121k median home · lower cost than 87% of the country
ZIP Code
62848

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62848?

As of today, the 30-year fixed mortgage rate for ZIP code 62848 is approximately 6.994% (7.003% 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 62848
What is the median home price in ZIP code 62848?

The median home value in ZIP code 62848 is $121k. The median monthly rent is $850. 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 62848?

Home values in ZIP code 62848 have increased 7.8% over the past two years. This represents moderate growth. 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 62848?

Based on a typical all-in ownership cost of $866/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 62848 is $80k/year.

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What industries drive the economy in ZIP code 62848?

The largest employment sectors in ZIP code 62848 are public administration (21%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.