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Fayette County · Illinois

ZIP code 62880

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62880 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
613

ZCTA residents

Median income
$61,250

Household, past 12 months

Median home
$128,400

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62880 sits in Fayette County, Illinois and is home to 613 people. Median household income is $61,250, the median home is worth $128,400 and median gross rent is $800. 86% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Fayette County

FIPS 17051

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 62880

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

Population
613ZIP 62880 residents
Median household income
$61,250Past 12 months, inflation adjusted
Median home value
$128,400Owner-occupied units
Median gross rent
$800Rent plus utilities, monthly
Median age
54.1 yrsAll residents
Homeownership rate
86%Owner-occupied households

ZIP 62880 in context

How this area compares with national benchmarks.

ZIP 62880 is a very small community in Fayette County, Illinois, with 613 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1061 of 1,396 ranked by population — larger than 24% of them. The median age here is 54.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 62880 earn a median of $61,250 a year, 22% below the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 7.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 62880 is valued at $128,400, 57.7% below the national figure, while median gross rent runs $800 a month, 43.1% below the national figure, or roughly $9,600 across a full year. A household on the local median income would put about 15.7% 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 2.1×, 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. 86% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. 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.

A median age of 54.1 puts ZIP 62880 well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 613 residents, a handful of survey responses moves every median on this page. Compare ZIP 62880 against its county rather than against national figures.

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 62880 in context

How 62880 sits inside Fayette County and Illinois.

ZIP 62880 is tabulated inside Fayette County, Illinois, one of 9 ZIP areas the Census publishes for that county and 1,396 across Illinois. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. 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 62880 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 62880 reports a median household income of $61,250, 5% above the $58,225 county median, and 16% below the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $128,400, 4% above the county figure and 13% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $800 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 62880 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 62880 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 62880

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
2.1×Home value ÷ household income
Est. mortgage
$666/mo20% down, 30-yr at 6.75%
Poverty rate
7.2%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 62880 compares

ZIP 62880 against the median ZIP in Fayette County and across Illinois.

MeasureZIP 62880County medianState medianvs state
Median household income$61,250$58,225$72,734-16%
Median home value$128,400$123,900$146,900-13%
Median gross rent$800$739$906-12%
Population6131,6121,856-67%

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

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 28% of 1,344 state ZIPs

#970
Home value

above 42% of 1,335 state ZIPs

#779
Population

larger than 24% of 1,396 state ZIPs

#1,061

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
60475Cook County$61,222$137,200$1,032
62830Jefferson County$61,296$137,300$475
60961Kankakee County$61,193$160,200$1,288
62264St. Clair County$61,174$137,100$829
62016Greene County$61,155$117,100$906
62476Edwards County$61,354$88,900$805

Nearby ZIP codes

Other ZIP codes filed under Fayette County.

Adjacent ZIP Codes

Other ZIP codes in Fayette County, Illinois.

ZIP 62880 questions

Common questions about this ZIP code.

Where is ZIP code 62880?
ZIP 62880 lies mostly in Fayette 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 62880?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62880 expensive to live in?
Median rent runs $800 a month, about 16% of median household income, and the median home is worth $128,400 — -13% 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 62880, 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.