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Smithton village, IL

ZIP 62285 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62285

Median Home Value
$265,300
Median Rent
$702
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,704/mo PITI).

7%
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.

31.5 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 62285 in Smithton village, IL, a household would need roughly $73,000 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 $1,704. That sits below the local median household income ($118,413), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
89.9%+37% vs US avg
x
Vacancy Rate
2.2%-78% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
6.5%-56% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
64.9%+31% vs US avg
x
Mortgage-Free
33.5%-12% vs US avg
x
$265,300
Home Value
$702
Rent
1997
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached87.0%
  • 1-unit attached6.6%
  • 2-9 units1.4%
  • 10+ units0.0%
  • Mobile home & other5.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$265,300
Median rent$702
Owner-occupied89.9%
Vacant2.2%
Price-to-income2.2x
Est. income to buy$73,000