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ZIP Code 62940, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 62940.

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Community Insights

Veteran Community
9% of residents
top 23% nationally
Affordable Market
$161k median home
lower cost than 73% of the country
Leading Industries
Public Administration · Manufacturing · Wholesale Trade
36% public administration
Home Value Growth
+9.8% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
74% of occupied units

People & Demographics

Total Population2,117
Households
Under 18
20.0%
Age 18–34
26.0%
Age 35–64
29.0%
Age 65+
24.0%
Veterans
9.0%
Active Duty
0.0%

Housing & Living

Median Home Value$161,277
Median Gross Rent$860/mo
Owner Occupied
74.4%
Renter Occupied
25.6%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$72,645
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services1.0%
Manufacturing3.0%
Retail5.0%
Education2.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
16.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 62940?

The total population of ZIP code 62940 is approximately 2,117. 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 62940?

The housing market in ZIP code 62940 is predominantly driven by homeowners, with 74% of housing units being owner-occupied and 26% being renter-occupied.

What is the education level of residents in ZIP code 62940?

In ZIP code 62940, approximately 16% 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.