62629, Chatham, IL

The Chatham, Illinois zip code 62629 has a population of approximately 10,000 people. The median household income in this zip code is $60,000 and the median home value is $165,000.

The average home equity in this zip code is $116,667. This means that the typical home owner in this zip code has over $116,667 worth of equity in their home. This amount of equity allows homeowners to borrow against their home and use the money to pay for expenses or invest in other ventures.

Home prices have been on the rise in the Chatham area for several years now. In fact, according to Zillow’s recent report on nationwide home values, the Chatham area ranks as one of the top 10 fastest-growing ZIP codes in America. This growth has led to an increase in homeowners’ equity levels and an increase in house prices overall.