US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 62837
  5. Housing & Real Estate
Fairfield city, IL

ZIP 62837 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62837

Median Home Value
$105,400
Median Rent
$446
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$677/mo PITI).

11%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.7 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 62837 in Fairfield city, IL, a household would need roughly $29,000 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 $677. That sits below the local median household income ($46,646), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.7%+14% vs US avg
x
Vacancy Rate
10.6%+3% vs US avg
x
Broadband Access
81.5%-6% vs US avg
x
4+ Bedrooms
3.5%-77% vs US avg
x
Built Pre-1939
10.1%-21% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
49.2%+29% vs US avg
x
$105,400
Home Value
$446
Rent
1971
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached70.9%
  • 1-unit attached0.2%
  • 2-9 units4.1%
  • 10+ units5.8%
  • Mobile home & other19.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$105,400
Median rent$446
Owner-occupied74.7%
Vacant10.6%
Price-to-income2.3x
Est. income to buy$29,000