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Casey city, IL

ZIP 62420 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62420

Median Home Value
$122,000
Median Rent
$558
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$784/mo PITI).

10%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.2 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 62420 in Casey city, IL, a household would need roughly $34,000 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 $784. That sits below the local median household income ($68,235), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.5%+28% vs US avg
x
Vacancy Rate
12.0%+16% vs US avg
x
Broadband Access
87.0%+0% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
21.9%-56% vs US avg
x
Mortgage-Free
42.2%+10% vs US avg
x
$122,000
Home Value
$558
Rent
1968
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached78.0%
  • 1-unit attached0.0%
  • 2-9 units11.5%
  • 10+ units1.2%
  • Mobile home & other9.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$122,000
Median rent$558
Owner-occupied83.5%
Vacant12.0%
Price-to-income1.8x
Est. income to buy$34,000