62863, Mount Carmel, IL

The home equity and home prices in the 62863 zip code of Mount Carmel, IL are very high. The median home value in this zip code is $269,900, which is more than double the median home value in Illinois as a whole. Additionally, the percentage of homes that are owner-occupied in this zip code is much higher than the statewide average. This suggests that there are a lot of people who are happy with their current homes and aren't interested in moving.

Despite these high values, it's important to keep in mind that not everyone in this zip code is able to afford a $269,900 home. There are a lot of people who live here who make less money than that. In fact, 28% of households here earn less than $50,000 per year. So while it might be easy for someone with plenty of money to buy a house here, it's not always possible for everyone else.

Overall, it seems like people in the 62863 zip code are happy with their homes and their overall situation. While there may be some people who can't afford to live here permanently due to low incomes, most residents seem content with where they live and what they have.