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ZipNumbers

Alexander County · Illinois

ZIP code 62988

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62988 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,222

ZCTA residents

Median income
$56,154

Household, past 12 months

Median home
$68,900

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62988 sits in Alexander County, Illinois and is home to 1,222 people. Median household income is $56,154, the median home is worth $68,900 and median gross rent is $496. 85.5% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Alexander County

FIPS 17003

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 62988

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

Population
1,222ZIP 62988 residents
Median household income
$56,154Past 12 months, inflation adjusted
Median home value
$68,900Owner-occupied units
Median gross rent
$496Rent plus utilities, monthly
Median age
45.9 yrsAll residents
Homeownership rate
85.5%Owner-occupied households

Sales tax in 62988

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
11%Median rent ÷ median income
Price-to-income
1.2×Home value ÷ household income
Est. mortgage
$358/mo20% down, 30-yr at 6.75%
Poverty rate
16.9%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 62988 compares

ZIP 62988 against the median ZIP in Alexander County and across Illinois.

MeasureZIP 62988County medianState medianvs state
Median household income$56,154$48,765$72,734-23%
Median home value$68,900$68,900$146,900-53%
Median gross rent$496$680$906-45%
Population1,2228571,856-34%

Medians are computed across the 6 ZIP areas in Alexander County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 18% of 1,344 state ZIPs

#1,100
Home value

above 4% of 1,335 state ZIPs

#1,276
Population

larger than 40% of 1,396 state ZIPs

#839

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
60949Champaign County$56,250$99,300$775
61501Fulton County$56,250$68,400$690
61749De Witt County$56,250$103,900$817
62617Mason County$56,250$78,800$750
61044Stephenson County$56,307$146,800
62087Madison County$56,364$87,200$821

Nearby ZIP codes

Other ZIP codes filed under Alexander County.

ZIP 62988 questions

Common questions about this ZIP code.

Where is ZIP code 62988?
ZIP 62988 lies mostly in Alexander 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 62988?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62988 expensive to live in?
Median rent runs $496 a month, about 11% of median household income, and the median home is worth $68,900-53% 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 62988, 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.