U.S. ZIP Code · IL62002
Madison County · St. Louis, MO-IL
Appreciation
- 1-year
- +5.3%
- 5-year / yr
- +3.1%
- 10-year / yr
- +4.0%
Relative price
- vs U.S.
- -57.7%
- vs metro
- -52.1%
- vs state
- -37.2%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 62002 is worth $120,023 — 52.1% below the St. Louis, MO-IL median. Over the past year, values have risen 5.3%. Homes here rent for a typical $1,072 a month — a 10.7% gross rental yield. The effective property tax rate is 1.9%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Madison County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- Relatively Low
- Heat wave
- Relatively High
- Hurricane
- Very Low
- Tornado
- Relatively High
- Earthquake
- Relatively Moderate
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Madison County over a year, from IRS tax-return data.
- Net migration
- +152[5]
- Moved in
- 5,518
- Moved out
- 5,366
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 8
- Elementary
- 4
- Middle
- 1
- High
- 2
Alton High School
High · Grades 9–12 · Alton CUSD 11
1,909 students
Alton Middle School
Middle · Grades 6–8 · Alton CUSD 11
1,219 students
East Elementary School
Elementary · Grades 3–5 · Alton CUSD 11
440 students
West Elementary School
Elementary · Grades 2–5 · Alton CUSD 11
418 students
Lovejoy Elem School
Elementary · Grades K–2 · Alton CUSD 11
234 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Owning is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 62002?
- The typical home in 62002 is worth $120,023, based on the Zillow Home Value Index.
- Are home values rising in 62002?
- Home values in 62002 are up 5.3% over the past year, and up 3.1% a year over five years.
- What is the typical rent in 62002?
- A typical home in 62002 rents for about $1,072 a month, a gross rental yield of 10.7%.
- What is the property tax rate in 62002?
- The effective property tax rate in 62002 is 1.9% — roughly $2,242 a year on a typical home.
- Who lives in 62002?
- ZIP code 62002 has a population of 29,543 and a median household income of $61,414.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Granite City, IL
- Typical home
- $120,038
- Gross yield
- 10.6%
Virden, IL
- Typical home
- $121,140
- Gross yield
- —
St. Louis, MO
- Typical home
- $118,062
- Gross yield
- —
St. Louis, MO
- Typical home
- $122,558
- Gross yield
- 9.1%
Dupo, IL
- Typical home
- $123,924
- Gross yield
- —
Marissa, IL
- Typical home
- $113,571
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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