HousingHandbookReference data

U.S. ZIP Code · IL62864

Jefferson County

Typical home value

$132,821[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+5.0%
10-year / yr
-1.5%

Relative price

vs U.S.
-53.2%
vs metro
vs state
-30.5%
ZIP 62864 location in IL
Location of ZIP 62864 in IL

Price history

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

The typical home in 62864 is worth $132,821. Over the past year, values have risen 6.3%. Homes here rent for a typical $750 a month — a 6.8% gross rental yield. 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
$750[2]
Gross yield
6.8%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
1.7%[3]
Typical annual tax
$2,258[3]

#Climate risk

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

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

#Who lives here

Population
22,779[3]
Median household income
$60,451[3]

#Migration

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

Net migration
-52[5]
Moved in
696
Moved out
748

Schools

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

Public schools
15
Elementary
6
Middle
1
High
4
  • Mount Vernon High School

    High · Grades 9–12 · Mt Vernon Twp HSD 201

    1,240 students

  • Dr Nick Osborne Primary Center

    Elementary · Grades K–3 · Mount Vernon SD 80

    567 students

  • Zadok Casey Middle School

    Middle · Grades 6–8 · Mount Vernon SD 80

    392 students

  • J L Buford Intermediate Ed Ctr

    Elementary · Grades 4–5 · Mount Vernon SD 80

    280 students

  • Summersville Grade School

    Elementary · Grades PK–8 · Summersville SD 79

    264 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 yield6.8%
Net yield (after ~40% expenses)4.1%
Annual rent$9,000

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$672
Loan principal$106,257
Down payment$26,564
Total interest paid$135,525

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 ratio1.29
Monthly cost to own$970
Monthly rent$750

Renting 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.

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

Frequently asked

How much is a home worth in ZIP code 62864?
The typical home in 62864 is worth $132,821, based on the Zillow Home Value Index.
Are home values rising in 62864?
Home values in 62864 are up 6.3% over the past year, and up 5.0% a year over five years.
What is the typical rent in 62864?
A typical home in 62864 rents for about $750 a month, a gross rental yield of 6.8%.
What is the property tax rate in 62864?
The effective property tax rate in 62864 is 1.7% — roughly $2,258 a year on a typical home.
Who lives in 62864?
ZIP code 62864 has a population of 22,779 and a median household income of $60,451.

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