ZIP Code 62601 — Alexander CDP, IL Demographics & Data

ZIP code 62601 covers Alexander, IL in Morgan County with a population of about 337.

At a glance, the area shows median age of 38.0 (near the U.S. median).

It sits in telephone area codes 217, 447; U.S. House district IL-15; the CHAMPAIGN & SPRNGFLD - DECATUR media market.

Median household income in ZIP 62601 is about $91,389 — about 22% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.1%; unemployment rate near 0.0%; 27.0% of adults with a bachelor’s degree or higher (about 6.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Transportation, and Finance and insurance; about 14.5% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 147.0 minutes (U.S. average near 26.8).

Median home value is about $121,700 — about 65% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 96.3% (about 30.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 62601 in Alexander, 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 $782. That sits below the local median household income ($91,389), 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.

FEMA’s National Risk Index rates natural-hazard risk for Alexander CDP, IL as Relatively Low (composite score 71.1), which is elevated versus much of the country. The strongest component scores on US5 are flood (61.2) and hurricane (21.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Alexander CDP, IL show little to no average snow and around 39.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 19 for ZIP 62601 (Alexander CDP, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.