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Pierron village, IL

ZIP 62273 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62273

Median Home Value
$105,000
Median Rent
$875
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$674/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

10.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 62273 in Pierron village, IL, a household would need roughly $29,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $674. That sits below the local median household income ($47,986), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
68.2%+4% vs US avg
x
Vacancy Rate
24.6%+138% vs US avg
x
Broadband Access
74.4%-14% vs US avg
x
4+ Bedrooms
17.5%+19% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
50.0%+31% vs US avg
x
$105,000
Home Value
$875
Rent
1982
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.9%
  • 1-unit attached0.0%
  • 2-9 units0.6%
  • 10+ units0.0%
  • Mobile home & other48.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$105,000
Median rent$875
Owner-occupied68.2%
Vacant24.6%
Price-to-income2.2x
Est. income to buy$29,000