ZIP 62629 · Chatham, Illinois

Population

15,413 people call ZIP 62629 home.

15,413

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 19% since the 2010–2014 survey, before inflation.

$1,256

a month. Illinois's median is $1,274.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$753–$1,130

is the monthly rent range local workforce wages support.

• $1,256 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

60% of the housing here was built before 2000.

• 60% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.2–0.3% to the 6,154 homes here.

12–17

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 7% less than Illinois's.

$243,800

median home value in ZIP 62629.

• $243,800 ZIP 62629
• $263,300 Illinois
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year