NeighborhoodRanked

Zip Code 62240

IL · Population: 2,197

C
47/100
66
B
Safety
51
C+
Affordability
58
C+
Quality of Life
13
F
Jobs
Zip 62240, IL — boundary highlighted© OpenFreeMap · OpenStreetMap · US Census

About Zip Code 62240

Zip code 62240 is located in Illinois and is home to approximately 2,197 residents. It receives an overall grade of C (score: 47/100), based on safety, affordability, quality of life, and employment metrics.

Crime rates here are below the national average, suggesting a relatively safe community.

The median household income here is $57,014, with home values near $78,900 and rents around $1,080/month. Affordability is moderate compared to the rest of the country.

Educational attainment is below the national average, with 4.6% of adults holding a bachelor's degree or higher.

The unemployment rate of 22.6% is above the national average, indicating a weaker local job market.

Scores are percentile-based: a score of 85 means this zip code ranks better than 85% of all US zip codes on that dimension. Data is sourced from the US Census Bureau (ACS 5-year estimates) and the FBI Uniform Crime Report.

Demographics & Economics

Median Income
$57,014
Home Value
$78,900
Rent
$1,080/mo
Median Age
30
College Educated
4.6%
Unemployment
22.6%
Owner-Occupied
70.2%
Rent Burden
22.7% of income

Score Breakdown

DimensionScoreGradeInterpretation
Safety66BLower crime = higher score
Affordability51C+Lower cost relative to income = higher
Quality of Life58C+Education, commute, ownership
Jobs & Economy13FLower unemployment = higher
Overall47CWeighted average

Methodology

All scores are percentile-based (0–100): a score of 85 means this zip code ranks better than 85% of all US zip codes on that metric. Safety uses FBI Uniform Crime Report state-level data (Phase 2 will add zip-level granularity). Economic and demographic data is from the US Census Bureau American Community Survey (ACS) 5-year estimates (2022).