What to know about ZIP 62708
ZIP code 62708 covers ZIP 62708 with a population of about 2,655.
At a glance, the area shows median age of 39.7 (near the U.S. median).
It sits in the CHAMPAIGN & SPRNGFLD - DECATUR media market.
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ZIP Code 62708 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Low Income Area
At a glance
Population
2,655
Density
N/A
Median income
$22,284
-70% vs US avg
Home value
$61,700
-82% vs US avg
Median rent
$636
-45% vs US avg
Timezone
N/A
Overview of ZIP Code 62708
Income and economy in ZIP 62708
Median household income in ZIP 62708 is about $22,284 — about 70% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 36.7%; unemployment rate near 30.2%; 3.6% of adults with a bachelor’s degree or higher (about 30.1 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Food services, Healthcare, and Manufacturing; a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 62708
Median home value is about $61,700 — about 82% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $636 (about 45% below the U.S. median rent ($1,163)), and owner-occupancy near 39.2% (about 26.2 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 62708, a household would need roughly $17,000 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 $396. That sits below the local median household income ($22,284), 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.