Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 62024, Illinois?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 62024, Illinois (ZIP 62024) is $895/month (±$92), based on Census ACS 5-Year estimates (2024). The median home value is $126,500 (±$11,732), and the median household income is $56,761/year. The unemployment rate in Madison County, Illinois was 3.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 62024
| Metric | Value |
|---|---|
| Median Gross Rent | $895 |
| Median Home Value | $126,500 |
| Median Household Income | $56,761 |
| Total Housing Units | 4,223 |
| Renter-Occupied Units | 1,146 |
| Renter-Occupied Share | 27% |
| Households Paying 50%+ Income | 245 households |
| Unemployment Rate(April 2026) | 3.7% |
How does ZIP 62024 compare?
Median gross rent ranked against all ZIP codes in Illinois.
Higher rent than 44% of ZIP codes in Illinois · 655th of 1173
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 60712 | $3,501 |
| 1 | ZCTA5 60461 | $3,501 |
| 1 | ZCTA5 60184 | $3,501 |
| … 651 more … | ||
| 655 | ZCTA5 62024(you are here) | $895 |
| … 515 more … | ||
| 1171 | ZCTA5 62459 | $283 |
| 1172 | ZCTA5 62931 | $246 |
| 1173 | ZCTA5 62921 | $99 |
Geography
ZIP 62024 is in Madison County, Illinois.
It covers part of East Alton village city, Illinois.
More data for ZCTA5 62024
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Frequently asked questions
What is the average rent in ZCTA5 62024, Illinois?
The median gross rent in ZCTA5 62024, Illinois (ZIP 62024) is $895/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 62024, Illinois?
The median rent for a 2-bedroom in ZCTA5 62024, Illinois is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 62024, Illinois?
The median home value in ZCTA5 62024, Illinois (ZIP 62024) is $126,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 62024 are rent-burdened?
In ZCTA5 62024, Illinois, 245 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 62024, Illinois?
The median household income in ZCTA5 62024, Illinois is $56,761/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $895 has a margin of error of ±$92. In very small areas, MOEs can be large relative to the estimate.
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