Madison County · Illinois
ZIP code 62074
- Population
- 1,236
- Median income
- $88,450
- Median home
- $263,700
- Sales tax
- 6.25%
ZCTA residents
Household, past 12 months
Owner-occupied value
Illinois state rate
Quick answer
ZIP 62074 sits in Madison County, Illinois and is home to 1,236 people. Median household income is $88,450, the median home is worth $263,700 and median gross rent is $775. 92.5% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).
- County
- Madison County
- State
- Illinois (IL)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 17119
1,396 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 62074
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 1,236ZIP 62074 residents
- Median household income
- $88,450Past 12 months, inflation adjusted
- Median home value
- $263,700Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 44.1 yrsAll residents
- Homeownership rate
- 92.5%Owner-occupied households
Sales tax in 62074
What a purchase inside this ZIP costs at checkout.
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.
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 62074 compares
ZIP 62074 against the median ZIP in Madison County and across Illinois.
| Measure | ZIP 62074 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $88,450 | $77,120 | $72,734 | +22% |
| Median home value | $263,700 | $179,900 | $146,900 | +80% |
| Median gross rent | $775 | $941 | $906 | -14% |
| Population | 1,236 | 3,012 | 1,856 | -33% |
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
- #369
- Home value
- #235
- Population
- #834
richer than 73% of 1,344 state ZIPs
above 82% of 1,335 state ZIPs
larger than 40% of 1,396 state ZIPs
Comparable ZIP codes
Illinois ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Madison County.
ZIP 62074 questions
Common questions about this ZIP code.
- Where is ZIP code 62074?
- ZIP 62074 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 62074?
- Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
- Is 62074 expensive to live in?
- Median rent runs $775 a month, about 11% of median household income, and the median home is worth $263,700 — +80% 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.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Illinois Department of Revenue — Sales tax rates and local add-ons
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.