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ZIP Code 62863, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 62863.

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Community Insights

Affordable Market
$104k median home
lower cost than 93% of the country
Leading Industries
Manufacturing · Retail · Transportation
3% manufacturing
Home Value Growth⬆⬆
+12.2% over 2 years
Retirees
23% of residents
slightly above average
Homeowners
70% of occupied units

People & Demographics

Total Population7,843
Households
Under 18
21.0%
Age 18–34
26.0%
Age 35–64
31.0%
Age 65+
23.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$103,803
Median Gross Rent$811/mo
Owner Occupied
70.1%
Renter Occupied
29.9%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$52,621
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services0.0%
Manufacturing3.0%
Retail21.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
14.0%
Master's or Higher
4.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 62863?

The total population of ZIP code 62863 is approximately 7,843. 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 62863?

The housing market in ZIP code 62863 is predominantly driven by homeowners, with 70% of housing units being owner-occupied and 30% being renter-occupied.

What is the education level of residents in ZIP code 62863?

In ZIP code 62863, approximately 14% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.