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ZipNumbers

Randolph County · Illinois

ZIP code 62242

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62242 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,764

ZCTA residents

Median income
$60,313

Household, past 12 months

Median home
$110,700

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62242 sits in Randolph County, Illinois and is home to 1,764 people. Median household income is $60,313, the median home is worth $110,700 and median gross rent is $741. 83.4% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Randolph County

FIPS 17157

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 62242

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

Population
1,764ZIP 62242 residents
Median household income
$60,313Past 12 months, inflation adjusted
Median home value
$110,700Owner-occupied units
Median gross rent
$741Rent plus utilities, monthly
Median age
40.4 yrsAll residents
Homeownership rate
83.4%Owner-occupied households

Sales tax in 62242

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
15%Median rent ÷ median income
Price-to-income
1.8×Home value ÷ household income
Est. mortgage
$574/mo20% down, 30-yr at 6.75%
Poverty rate
19.3%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 62242 compares

ZIP 62242 against the median ZIP in Randolph County and across Illinois.

MeasureZIP 62242County medianState medianvs state
Median household income$60,313$69,542$72,734-17%
Median home value$110,700$130,750$146,900-25%
Median gross rent$741$732$906-18%
Population1,7649941,856-5%

Medians are computed across the 11 ZIP areas in Randolph County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 26% of 1,344 state ZIPs

#998
Home value

above 29% of 1,335 state ZIPs

#948
Population

larger than 49% of 1,396 state ZIPs

#714

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
61477Fulton County$60,227$109,200
61913Piatt County$60,208$124,500$746
60612Cook County$60,457$331,600$1,330
61322Bureau County$60,481$64,300$925
62450Richland County$60,133$111,600$761
61917Edgar County$60,500$88,600

Nearby ZIP codes

Other ZIP codes filed under Randolph County.

ZIP 62242 questions

Common questions about this ZIP code.

Where is ZIP code 62242?
ZIP 62242 lies mostly in Randolph 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 62242?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62242 expensive to live in?
Median rent runs $741 a month, about 15% of median household income, and the median home is worth $110,700-25% 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 62242, 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.