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ZIP Code 62988

Learn about the people, housing, costs and businesses in 62988

Median Home$85,508
Median Rent$732/month
Population802
Leading IndustriesTransportation · Manufacturing · Finance & Insurance6% transportation
Home Value Growth+6.1% over 2 years
Retirees25% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$86k median home · lower cost than 97% of the country
NotableVeteran Community10% of residents · top 16% nationally
ZIP Code
62988

Frequently Asked Questions

What are today's mortgage rates in ZIP code 62988?

As of today, the 30-year fixed mortgage rate for ZIP code 62988 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 62988
What is the median home price in ZIP code 62988?

The median home value in ZIP code 62988 is $86k. The median monthly rent is $732. 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 62988?

Home values in ZIP code 62988 have increased 6.1% 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 62988?

Based on a typical all-in ownership cost of $673/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 62988 is $56k/year.

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What industries drive the economy in ZIP code 62988?

The largest employment sectors in ZIP code 62988 are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.