ZIP Code 62294 Demographics

Madison County, Illinois  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 62294 compared to county averages.

Total Population

15,289

↓ 94.2% vs county

Median HH Income

$103,215

↑ +43.8% vs county

Median Home Value

$242,200

↑ +51.9% vs county

Median Age

36.6 yrs

↑ 8.3% vs county

Unemployment Rate

2.8%

↑ 46.5% vs county

Income & Housing Comparison

How ZIP 62294 compares to Madison County and Illinois overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 62294 $103k Madison $72k Illinois $78k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 62294 $242k Madison $159k Illinois $239k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

25.9%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

79.4%

of occupied housing units are owner-occupied

Median Gross Rent

$1,015

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 62294 using local Census metrics.

Median Home Value$242,200
Down Payment (20%)$48,440
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,538P&I: $1225 | Tax: $242 | Ins: $71
Rent (Local Median)
$1,015
Renting is CheaperRenting is estimated to save you $523/month compared to buying costs.

How Does 62294 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 62294 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 62294, sorted by distance.

62281 4.8 mi away madison county 62062 5.2 mi away madison county 62234 6.1 mi away madison county 62034 6.5 mi away madison county 62061 7.8 mi away madison county 62025 9.4 mi away madison county 62249 11.7 mi away madison county 62046 13.0 mi away madison county

About Madison County

Madison County is located in Illinois and has a total population of 265,512. The county's median household income is $71,759 and median home value is $159,400. ZIP code 62294 is one of many ZCTAs within this county.

View all ZIP codes in Madison County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.