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Madison County · Illinois

ZIP code 62002

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62002 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
30,036

ZCTA residents

Median income
$57,851

Household, past 12 months

Median home
$114,300

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62002 sits in Madison County, Illinois and is home to 30,036 people. Median household income is $57,851, the median home is worth $114,300 and median gross rent is $941. 63.4% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Madison County

FIPS 17119

State
Illinois (IL)

1,396 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 62002

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
30,036ZIP 62002 residents
Median household income
$57,851Past 12 months, inflation adjusted
Median home value
$114,300Owner-occupied units
Median gross rent
$941Rent plus utilities, monthly
Median age
41.5 yrsAll residents
Homeownership rate
63.4%Owner-occupied households

ZIP 62002 in context

How this area compares with national benchmarks.

ZIP 62002 is a small city in Madison County, Illinois, with 30,036 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #140 of 1,396 ranked by population — larger than 90% of them. The median age here is 41.5 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 62002 earn a median of $57,851 a year, 26.3% below the national figure of $78,538. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 20.7% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 62002 is valued at $114,300, 62.3% below the national figure, while median gross rent runs $941 a month, 33.1% below the national figure, or roughly $11,292 across a full year. A household on the local median income would put about 19.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 63.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 62002 in context

How 62002 sits inside Madison County and Illinois.

ZIP 62002 is tabulated inside Madison County, Illinois, one of 28 ZIP areas the Census publishes for that county and 1,396 across Illinois. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 62002 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 62002 reports a median household income of $57,851, 25% below the $77,120 county median, and 20% below the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $114,300, 36% below the county figure and 22% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $941 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Illinois charges 6.25% statewide, and local governments overlapping 62002 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 62002 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 62002

What a purchase inside this ZIP costs at checkout.

Rate applied
6.25%State base rate only
Tax on $100
$6Rounded to the dollar
Tax on $1,000
$63Before any exemptions

Illinois levies 6.25% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
20%Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$593/mo20% down, 30-yr at 6.75%
Poverty rate
20.7%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 62002 compares

ZIP 62002 against the median ZIP in Madison County and across Illinois.

MeasureZIP 62002County medianState medianvs state
Median household income$57,851$77,120$72,734-20%
Median home value$114,300$179,900$146,900-22%
Median gross rent$941$941$906+4%
Population30,0363,0121,856+1518%

Medians are computed across the 28 ZIP areas in Madison County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 22% of 1,344 state ZIPs

#1,055
Home value

above 32% of 1,335 state ZIPs

#912
Population

larger than 90% of 1,396 state ZIPs

#140

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
61071Whiteside County$57,909$104,900$752
62239St. Clair County$57,793$111,700$935
62995Johnson County$57,773$135,900$590
62058Madison County$57,750$101,800$641
62418Fayette County$57,969$133,400$785
61814Vermilion County$57,727$112,000$825

Nearby ZIP codes

Other ZIP codes filed under Madison County.

Adjacent ZIP Codes

Other ZIP codes in Madison County, Illinois.

ZIP 62002 questions

Common questions about this ZIP code.

Where is ZIP code 62002?
ZIP 62002 lies mostly in Madison County, Illinois. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 62002?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62002 expensive to live in?
Median rent runs $941 a month, about 20% of median household income, and the median home is worth $114,300 — -22% against the typical Illinois ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 62002, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.