ZIP Code 62540 -- Kincaid, IL

Christian | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.3x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
1,297
Unknown
Median Income
$70,179
Home Value
$89,400
Median Rent
$725
Median Age
51.50
Diversity Index
23.00
Low
Cost of Living
43.3
significantly below average
Unemployment
9.4%

About ZIP Code 62540

ZIP code 62540 in Kincaid, Illinois is a unknown area with a population of 1,297. The median household income is $70,179, which is This is 6% below the national median of $75,000.. The median home value is $89,400, representing a price-to-income ratio of 1.3x . The cost of living is significantly below average with an index of 43.3 (the national average is 100). Residents have a median age of 51.50 years. Approximately 9.2% of adults hold a bachelor's degree or higher. This ZIP code is located in Christian, IL.

Population & Age

Total Population
1,297
Median Age
51.50
Male Population
657
50.7%
Female Population
640
49.3%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
23.00 Low
White
91.1%
Black or African American
0.0%
Hispanic or Latino
4.2%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
5.6%
Other Race
3.3%

Racial Composition

Income & Economy

Median Household Income
$70,179
Mean Household Income
$91,572
Per Capita Income
$44,237
Below Poverty Line
15.3%

This is 6% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$89,400
Median Rent
$725
Total Housing Units
667
Occupied Units
621
Vacant Units
46
6.9% vacancy
Median Year Built
1955
Owner Occupied
75.5%
Renter Occupied
24.5%
Price-to-Income Ratio 1.3x

Affordable housing market

Ownership vs Rental

Owner 75.5% Renter 24.5%

Education

High School Diploma or Higher 95.4%
Bachelor's Degree or Higher 9.2%
Graduate or Professional Degree 2.3%

Employment & Commuting

Civilian Labor Force
629
Employment Rate
90.6%
Unemployment Rate
9.4%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
79.4%
Carpool
7.8%
Public Transit
0.0%
Work from Home
11.1%

Cost of Living Index

43.3
significantly below average

The cost of living in ZIP code 62540 is 56.7% below the national average of 100.

0 National Avg (100) 200

Compare 62540 with:

Compare 62540 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Christian

ZIP Code City Population Median Income
62568 Hewittsville 15,952 $62,718
62557 Dunkel 6,878 $51,389
62531 Edinburg 1,816 $98,125
62510 Assumption 1,677 $56,949
62546 Morrisonville 1,521 $89,821
62555 Owaneco 1,358 $69,676

Frequently Asked Questions about ZIP Code 62540

ZIP code 62540 (Kincaid, IL) has a total population of 1,297 according to the 2024 American Community Survey. The median age is 51.50 years.

The median household income in ZIP code 62540 is $70,179 per year, based on 2024 Census Bureau data. This is 6% below the national median of $75,000.

ZIP code 62540 is primarily located in Kincaid, Illinois (IL). It falls within Christian County.

The median home value in ZIP code 62540 is $89,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $725.

The median age in ZIP code 62540 is 51.50 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 62540 has a cost of living index of 43.32 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 62540, 9.17% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 2.34% hold a graduate or professional degree.

The unemployment rate in ZIP code 62540 is 9.38%, which is above the national average of 3.6%. About 11.11% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.