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ZipNumbers

Morgan County · Illinois

ZIP code 62650

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62650 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
24,318

ZCTA residents

Median income
$64,137

Household, past 12 months

Median home
$142,600

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62650 sits in Morgan County, Illinois and is home to 24,318 people. Median household income is $64,137, the median home is worth $142,600 and median gross rent is $705. 67.4% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Morgan County

FIPS 17137

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 62650

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

Population
24,318ZIP 62650 residents
Median household income
$64,137Past 12 months, inflation adjusted
Median home value
$142,600Owner-occupied units
Median gross rent
$705Rent plus utilities, monthly
Median age
40.3 yrsAll residents
Homeownership rate
67.4%Owner-occupied households

Sales tax in 62650

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
13%Median rent ÷ median income
Price-to-income
2.2×Home value ÷ household income
Est. mortgage
$740/mo20% down, 30-yr at 6.75%
Poverty rate
13.3%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 62650 compares

ZIP 62650 against the median ZIP in Morgan County and across Illinois.

MeasureZIP 62650County medianState medianvs state
Median household income$64,137$69,091$72,734-12%
Median home value$142,600$119,700$146,900-3%
Median gross rent$705$779$906-22%
Population24,3181,2641,856+1210%

Medians are computed across the 9 ZIP areas in Morgan County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 34% of 1,344 state ZIPs

#891
Home value

above 48% of 1,335 state ZIPs

#693
Population

larger than 86% of 1,396 state ZIPs

#195

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
62286Randolph County$64,118$148,800$723
62846Jefferson County$64,167$89,300$538
60432Will County$64,099$185,100$1,261
62232St. Clair County$64,268$114,800$1,077
60956Iroquois County$64,000$86,700$720
61440McDonough County$64,000$87,800$776

Nearby ZIP codes

Other ZIP codes filed under Morgan County.

ZIP 62650 questions

Common questions about this ZIP code.

Where is ZIP code 62650?
ZIP 62650 lies mostly in Morgan 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 62650?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62650 expensive to live in?
Median rent runs $705 a month, about 13% of median household income, and the median home is worth $142,600-3% 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 62650, 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.