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Mechanicsburg village, IL

ZIP 62545 — 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 62545

Median Home Value
$159,900
Median Rent
$575
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,027/mo PITI).

9%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

23.2 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 62545 in Mechanicsburg village, IL, a household would need roughly $44,000 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 $1,027. That sits below the local median household income ($79,286), 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
93.4%+43% vs US avg
x
Vacancy Rate
2.0%-80% vs US avg
x
Broadband Access
74.1%-15% vs US avg
x
4+ Bedrooms
2.6%-83% vs US avg
x
Built Pre-1939
0.3%-97% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
39.5%-21% vs US avg
x
Mortgage-Free
43.5%+14% vs US avg
x
$159,900
Home Value
$575
Rent
1978
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 detached92.1%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units2.6%
  • Mobile home & other5.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$159,900
Median rent$575
Owner-occupied93.4%
Vacant2.0%
Price-to-income2.0x
Est. income to buy$44,000