HousingHandbookReference data

U.S. ZIP Code · IL62884

Franklin County

Typical home value

$98,075[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+1.3%
10-year / yr
+2.7%

Relative price

vs U.S.
-65.5%
vs metro
vs state
-48.7%
ZIP 62884 location in IL
Location of ZIP 62884 in IL

Price history

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

The typical home in 62884 is worth $98,075. Over the past year, values have risen 3.2%. The effective property tax rate is 1.4%.

#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
1.4%[3]
Typical annual tax
$1,376[3]

#Climate risk

FEMA National Risk Index ratings for Franklin 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
2,758[3]
Median household income
$58,679[3]

#Migration

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

Net migration
-76[5]
Moved in
732
Moved out
808

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • Sesser-Valier Elem School

    Elementary · Grades PK–5 · Sesser-Valier CUSD 196

    266 students

  • Sesser-Valier High School

    High · Grades 9–12 · Sesser-Valier CUSD 196

    179 students

  • Sesser-Valier Jr High School

    Middle · Grades 6–8 · Sesser-Valier CUSD 196

    132 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$496
Loan principal$78,460
Down payment$19,615
Total interest paid$100,071

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$692
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 62884?
The typical home in 62884 is worth $98,075, based on the Zillow Home Value Index.
Are home values rising in 62884?
Home values in 62884 are up 3.2% over the past year, and up 1.3% a year over five years.
What is the property tax rate in 62884?
The effective property tax rate in 62884 is 1.4% — roughly $1,376 a year on a typical home.
Who lives in 62884?
ZIP code 62884 has a population of 2,758 and a median household income of $58,679.

Compare ZIPs

Pit ZIP 62884 against any other ZIP — full side-by-side table.

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