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ZipNumbers

Hancock County · Illinois

ZIP code 62341

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62341 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
3,439

ZCTA residents

Median income
$65,050

Household, past 12 months

Median home
$118,200

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62341 sits in Hancock County, Illinois and is home to 3,439 people. Median household income is $65,050, the median home is worth $118,200 and median gross rent is $882. 76.8% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Hancock County

FIPS 17067

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 62341

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

Population
3,439ZIP 62341 residents
Median household income
$65,050Past 12 months, inflation adjusted
Median home value
$118,200Owner-occupied units
Median gross rent
$882Rent plus utilities, monthly
Median age
42.3 yrsAll residents
Homeownership rate
76.8%Owner-occupied households

Sales tax in 62341

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
16%Median rent ÷ median income
Price-to-income
1.8×Home value ÷ household income
Est. mortgage
$613/mo20% down, 30-yr at 6.75%
Poverty rate
9.8%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 62341 compares

ZIP 62341 against the median ZIP in Hancock County and across Illinois.

MeasureZIP 62341County medianState medianvs state
Median household income$65,050$63,594$72,734-11%
Median home value$118,200$95,400$146,900-20%
Median gross rent$882$786$906-3%
Population3,4398831,856+85%

Medians are computed across the 16 ZIP areas in Hancock County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 36% of 1,344 state ZIPs

#863
Home value

above 35% of 1,335 state ZIPs

#869
Population

larger than 61% of 1,396 state ZIPs

#546

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
62326McDonough County$65,048$116,400$654
61760Woodford County$65,035$121,900$985
62694Scott County$65,074$108,000$661
62954Gallatin County$65,083$89,400$1,528
60962Ford County$65,000$67,500$1,058
62442Clark County$65,000$84,900$602

Nearby ZIP codes

Other ZIP codes filed under Hancock County.

ZIP 62341 questions

Common questions about this ZIP code.

Where is ZIP code 62341?
ZIP 62341 lies mostly in Hancock 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 62341?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62341 expensive to live in?
Median rent runs $882 a month, about 16% of median household income, and the median home is worth $118,200-20% 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 62341, 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.