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Waltonville village, IL

ZIP 62894 — 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 62894

Median Home Value
$106,900
Median Rent
$456
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$687/mo PITI).

7%
Rent-to-Income Ratio

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

1.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.5 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 62894 in Waltonville village, 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 $687. That sits below the local median household income ($80,284), 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.

Housing Tenure

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

Heating Fuel
Housing Metrics
Owner Occupied
87.3%+34% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
90.4%+4% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
5.0%-61% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
59.7%+56% vs US avg
x
$106,900
Home Value
$456
Rent
1979
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached80.5%
  • 1-unit attached0.3%
  • 2-9 units2.2%
  • 10+ units0.0%
  • Mobile home & other17.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$106,900
Median rent$456
Owner-occupied87.3%
Vacant2.5%
Price-to-income1.3x
Est. income to buy$29,000