HousingHandbookReference data

U.S. ZIP Code · IL62321

Hancock County

Typical home value

$125,961[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+11.1%
5-year / yr
+2.9%
10-year / yr
+2.1%

Relative price

vs U.S.
-55.7%
vs metro
vs state
-34.1%
ZIP 62321 location in IL
Location of ZIP 62321 in IL

Price history

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

The typical home in 62321 is worth $125,961. Over the past year, values have risen 11.1%. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$2,054[3]

#Climate risk

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

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
3,576[3]
Median household income
$76,825[3]

#Migration

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

Net migration
-6[5]
Moved in
400
Moved out
406

Schools

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

Public schools
6
Elementary
1
Middle
1
High
3
  • Illini West High School

    High · Grades 9–12 · Illini West H S Dist 307

    334 students

  • Carthage Primary School

    Elementary · Grades PK–4 · Carthage ESD 317

    250 students

  • Carthage Middle School

    Middle · Grades 5–8 · Carthage ESD 317

    176 students

  • ROYALS Academy Carthage

    High · Grades 6–12 · Hancck/Fultn/Schuylr/McDonogh ROE

    0 students

  • ROYALS RSSP Carthage

    High · Grades 6–12 · Hancck/Fultn/Schuylr/McDonogh ROE

    0 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 yield
Net yield (after ~40% expenses)
Annual rent

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$637
Loan principal$100,769
Down payment$25,192
Total interest paid$128,525

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 ratio
Monthly cost to own$913
Monthly rent

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 62321?
The typical home in 62321 is worth $125,961, based on the Zillow Home Value Index.
Are home values rising in 62321?
Home values in 62321 are up 11.1% over the past year, and up 2.9% a year over five years.
What is the property tax rate in 62321?
The effective property tax rate in 62321 is 1.6% — roughly $2,054 a year on a typical home.
Who lives in 62321?
ZIP code 62321 has a population of 3,576 and a median household income of $76,825.

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