ZIP Code 62688 -- Tallula, IL

Menard | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.8x, housing here is relatively affordable compared to the recommended 3-5x benchmark.
  • 22.26% of workers here work from home — more than double the pre-pandemic national average, reflecting the shift to remote work.
  • 90.14% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
678
Unknown
Median Income
$73,929
Home Value
$133,100
Median Rent
$1,028
Median Age
45.80
Diversity Index
4.90
Very Low
Cost of Living
62.8
significantly below average
Unemployment
12.2%

About ZIP Code 62688

ZIP code 62688 in Tallula, Illinois is a unknown area with a population of 678. The median household income is $73,929, which is This is 1% below the national median of $75,000.. The median home value is $133,100, representing a price-to-income ratio of 1.8x . The cost of living is significantly below average with an index of 62.8 (the national average is 100). Residents have a median age of 45.80 years. Approximately 17.3% of adults hold a bachelor's degree or higher. This ZIP code is located in Menard, IL.

Population & Age

Total Population
678
Median Age
45.80
Male Population
383
56.5%
Female Population
295
43.5%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
4.90 Very Low
White
98.4%
Black or African American
0.0%
Hispanic or Latino
0.9%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
0.7%
Other Race
0.9%

Racial Composition

Income & Economy

Median Household Income
$73,929
Mean Household Income
$83,659
Per Capita Income
$36,327
Below Poverty Line
10.9%

This is 1% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$133,100
Median Rent
$1,028
Total Housing Units
332
Occupied Units
294
Vacant Units
38
11.4% vacancy
Median Year Built
1949
Owner Occupied
90.1%
Renter Occupied
9.9%
Price-to-Income Ratio 1.8x

Affordable housing market

Ownership vs Rental

Owner 90.1% Renter 9.9%

Education

High School Diploma or Higher 93.9%
Bachelor's Degree or Higher 17.3%
Graduate or Professional Degree 5.9%

Employment & Commuting

Civilian Labor Force
343
Employment Rate
87.8%
Unemployment Rate
12.2%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
74.8%
Carpool
1.7%
Public Transit
0.0%
Work from Home
22.3%

Cost of Living Index

62.8
significantly below average

The cost of living in ZIP code 62688 is 37.2% below the national average of 100.

0 National Avg (100) 200

Compare 62688 with:

Compare 62688 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Menard

ZIP Code City Population Median Income
62675 Atterbury 6,170 $84,267
62613 Fancy prairie 3,598 $86,675
62642 Hubly 1,396 $77,538
62673 Oakford 361 $68,393

Frequently Asked Questions about ZIP Code 62688

ZIP code 62688 (Tallula, IL) has a total population of 678 according to the 2024 American Community Survey. The median age is 45.80 years.

The median household income in ZIP code 62688 is $73,929 per year, based on 2024 Census Bureau data. This is 1% below the national median of $75,000.

ZIP code 62688 is primarily located in Tallula, Illinois (IL). It falls within Menard County.

The median home value in ZIP code 62688 is $133,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,028.

The median age in ZIP code 62688 is 45.80 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 62688 has a cost of living index of 62.79 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 62688, 17.28% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 5.89% hold a graduate or professional degree.

The unemployment rate in ZIP code 62688 is 12.24%, which is above the national average of 3.6%. About 22.26% of workers work from home.

Explore More

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