HousingHandbookReference data

U.S. ZIP Code · IL62223

St. Clair County · St. Louis, MO-IL

Typical home value

$179,408[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.8%
5-year / yr
+4.6%
10-year / yr
+5.0%

Relative price

vs U.S.
-36.8%
vs metro
-28.4%
vs state
-6.2%
ZIP 62223 location in IL
Location of ZIP 62223 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 62223 is worth $179,408 — 28.4% below the St. Louis, MO-IL median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,267 a month — a 8.5% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,267[2]
Gross yield
8.5%[2]
Cap rate
5.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$3,655[3]

#Climate risk

FEMA National Risk Index ratings for St. Clair County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
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

Population
16,269[3]
Median household income
$73,700[3]

#Migration

Household moves in and out of St. Clair County over a year, from IRS tax-return data.

Net migration
-314[5]
Moved in
5,934
Moved out
6,248

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
2
Middle
2
High
4
  • Belleville High School-West

    High · Grades 9–12 · Belleville Twp HSD 201

    2,169 students

  • Ellis Elem School

    Elementary · Grades PK–3 · Harmony Emge SD 175

    341 students

  • Signal Hill Elem School

    Elementary · Grades PK–8 · Signal Hill SD 181

    286 students

  • Harmony Intermediate Center

    Middle · Grades 4–6 · Harmony Emge SD 175

    205 students

  • Emge Junior High School

    Middle · Grades 7–8 · Harmony Emge SD 175

    149 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 yield8.5%
Net yield (after ~40% expenses)5.1%
Annual rent$15,207

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.

Monthly payment$907
Loan principal$143,527
Down payment$35,882
Total interest paid$183,060

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.

Own : rent ratio1.07
Monthly cost to own$1,362
Monthly rent$1,267

Owning and renting are roughly even.

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.

Appreciation
42nd percentile[1]
Rental yield
68th percentile[2]
Property tax
99th percentile[3]

Frequently asked

How much is a home worth in ZIP code 62223?
The typical home in 62223 is worth $179,408, based on the Zillow Home Value Index.
Are home values rising in 62223?
Home values in 62223 are up 2.8% over the past year, and up 4.6% a year over five years.
What is the typical rent in 62223?
A typical home in 62223 rents for about $1,267 a month, a gross rental yield of 8.5%.
What is the property tax rate in 62223?
The effective property tax rate in 62223 is 2.0% — roughly $3,655 a year on a typical home.
Who lives in 62223?
ZIP code 62223 has a population of 16,269 and a median household income of $73,700.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Hamburg, IL

    Typical home
    $178,335
    Gross yield
  • Bunker Hill, IL

    Typical home
    $178,334
    Gross yield
  • Carlyle, IL

    Typical home
    $178,286
    Gross yield
  • Brussels, IL

    Typical home
    $177,952
    Gross yield
  • St. Louis, MO

    Typical home
    $181,499
    Gross yield
    8.0%
  • Fieldon, IL

    Typical home
    $175,366
    Gross yield

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