HousingHandbookReference data

U.S. ZIP Code · IL62563

Sangamon County · Springfield, IL

Typical home value

$292,011[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+8.5%
5-year / yr
+6.8%
10-year / yr
+4.5%

Relative price

vs U.S.
+2.8%
vs metro
+33.6%
vs state
+52.7%
ZIP 62563 location in IL
Location of ZIP 62563 in IL

Price history

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

The typical home in 62563 is worth $292,011 — 33.6% above the Springfield, IL median. Over the past year, values have risen 8.5%. The effective property tax rate is 1.7%.

#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
1.7%[3]
Typical annual tax
$5,105[3]

#Climate risk

FEMA National Risk Index ratings for Sangamon 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 High
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
5,766[3]
Median household income
$117,255[3]

#Migration

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

Net migration
-355[5]
Moved in
3,586
Moved out
3,941

Schools

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

Public schools
5
Elementary
2
Middle
2
High
1
  • Rochester High School

    High · Grades 9–12 · Rochester CUSD 3A

    709 students

  • Rochester Intermediate School

    Middle · Grades 4–6 · Rochester CUSD 3A

    415 students

  • Rochester Elem EC-1 Sch

    Elementary · Grades PK–1 · Rochester CUSD 3A

    370 students

  • Rochester Jr High School

    Middle · Grades 7–8 · Rochester CUSD 3A

    296 students

  • Rochester Elem 2-3

    Elementary · Grades 2–3 · Rochester CUSD 3A

    257 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$1,477
Loan principal$233,609
Down payment$58,402
Total interest paid$297,955

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$2,146
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
62nd percentile[1]
Rental yield
[2]
Property tax
46th percentile[3]

Frequently asked

How much is a home worth in ZIP code 62563?
The typical home in 62563 is worth $292,011, based on the Zillow Home Value Index.
Are home values rising in 62563?
Home values in 62563 are up 8.5% over the past year, and up 6.8% a year over five years.
What is the property tax rate in 62563?
The effective property tax rate in 62563 is 1.7% — roughly $5,105 a year on a typical home.
Who lives in 62563?
ZIP code 62563 has a population of 5,766 and a median household income of $117,255.

#Comparable ZIPs

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

  • Cantrall, IL

    Typical home
    $299,519
    Gross yield
  • Chatham, IL

    Typical home
    $283,523
    Gross yield
  • Chatham, IL

    Typical home
    $300,606
    Gross yield
    6.6%
  • Sherman, IL

    Typical home
    $323,812
    Gross yield
  • Williamsville, IL

    Typical home
    $253,259
    Gross yield
  • Springfield, IL

    Typical home
    $331,833
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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