US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 62476
  5. Housing & Real Estate
West Salem village, IL

ZIP 62476 — 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 62476

Median Home Value
$88,900
Median Rent
$539
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$571/mo PITI).

11%
Rent-to-Income Ratio

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

1.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.7 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 62476 in West Salem village, IL, a household would need roughly $24,000 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 $571. That sits below the local median household income ($61,354), 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 28% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.1%+35% vs US avg
x
Vacancy Rate
28.0%+172% vs US avg
x
Broadband Access
82.4%-5% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
58.3%+53% vs US avg
x
$88,900
Home Value
$539
Rent
1970
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached78.8%
  • 1-unit attached0.4%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other19.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$88,900
Median rent$539
Owner-occupied88.1%
Vacant28.0%
Price-to-income1.4x
Est. income to buy$24,000