62056, Litchfield, IL

The 62056 zip code of Litchfield, Illinois has a population of around 25,000 people. The median household income in this zip code is $60,000 which is higher than the national median household income of $53,046. The home equity and home prices in the 62056 zip code are both high compared to other areas in Illinois. In fact, the average home value in this zip code is $225,000 which is more than twice the national average home value of $130,000.

There are a number of factors that contribute to the high home values in the 62056 zip code. First and foremost, there is a large concentration of wealthy residents in this area who can afford to buy expensive homes. Additionally, Litchfield is located near several major metropolitan areas such as Chicago and Springfield which also contributes to the high values of homes here. Finally, Litchfield has been experiencing strong growth over the past few years which has led to an increase in demand for housing units and consequently an increase in home values.