ZIP Code 62543 -- Latham, IL

Logan | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.2x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
477
Unknown
Median Income
$73,594
Home Value
$87,800
Median Rent
$700
Median Age
35.40
Diversity Index
21.10
Low
Cost of Living
42.2
significantly below average
Unemployment
1.2%

About ZIP Code 62543

ZIP code 62543 in Latham, Illinois is a unknown area with a population of 477. The median household income is $73,594, which is This is 2% below the national median of $75,000.. The median home value is $87,800, representing a price-to-income ratio of 1.2x . The cost of living is significantly below average with an index of 42.2 (the national average is 100). Residents have a median age of 35.40 years. Approximately 24.9% of adults hold a bachelor's degree or higher. This ZIP code is located in Logan, IL.

Population & Age

Total Population
477
Median Age
35.40
Male Population
255
53.5%
Female Population
222
46.5%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
21.10 Low
White
88.5%
Black or African American
4.0%
Hispanic or Latino
0.0%
Asian
0.4%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
7.1%
Other Race
0.0%

Racial Composition

Income & Economy

Median Household Income
$73,594
Mean Household Income
$96,225
Per Capita Income
$35,306
Below Poverty Line
10.8%

This is 2% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$87,800
Median Rent
$700
Total Housing Units
201
Occupied Units
183
Vacant Units
18
9.0% vacancy
Median Year Built
1942
Owner Occupied
75.4%
Renter Occupied
24.6%
Price-to-Income Ratio 1.2x

Affordable housing market

Ownership vs Rental

Owner 75.4% Renter 24.6%

Education

High School Diploma or Higher 92.6%
Bachelor's Degree or Higher 24.9%
Graduate or Professional Degree 6.2%

Employment & Commuting

Civilian Labor Force
251
Employment Rate
98.8%
Unemployment Rate
1.2%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
77.0%
Carpool
0.0%
Public Transit
0.0%
Work from Home
16.1%

Cost of Living Index

42.2
significantly below average

The cost of living in ZIP code 62543 is 57.9% below the national average of 100.

0 National Avg (100) 200

Compare 62543 with:

Compare 62543 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Logan

ZIP Code City Population Median Income
62656 Lincoln 18,234 $62,017
62548 Mount pulaski 2,090 $73,312
61723 Atlanta 2,005 $85,230
62634 Broadwell 1,263 $93,571
62643 Hartsburg 797 $75,625
62635 Emden 661 $77,750

Frequently Asked Questions about ZIP Code 62543

ZIP code 62543 (Latham, IL) has a total population of 477 according to the 2024 American Community Survey. The median age is 35.40 years.

The median household income in ZIP code 62543 is $73,594 per year, based on 2024 Census Bureau data. This is 2% below the national median of $75,000.

ZIP code 62543 is primarily located in Latham, Illinois (IL). It falls within Logan County.

The median home value in ZIP code 62543 is $87,800, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $700.

The median age in ZIP code 62543 is 35.40 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 62543 has a cost of living index of 42.15 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 62543, 24.92% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 6.15% hold a graduate or professional degree.

The unemployment rate in ZIP code 62543 is 1.20%, which is below the national average of 3.6%. About 16.09% 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.