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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $220K purchase rents for $875/mo: 0.40% of price per month against the 1% rule's 1.00%.
U.S. Census ACS characteristics for ZIP 62701 itself, not its parent county.
Renters hold 97.2% of this ZIP's 614 occupied households, on a median household income of $32K.
| Measure | ZIP 62701 | Sangamon County | Difference |
|---|---|---|---|
| Median Household Income | $32K | $75K | -$43K |
| Below Poverty Level | 35.3% | 13.1% | +22.2% |
| Median Age | 38.60 | 41.00 | -2.40 |
| Total Population | 1,205 | 194,947 | -- |
| Avg Household Size | 1.30 | 2.25 | -0.95 |
| Owner-Occupied | 2.8% | 71.3% | -68.5% |
| Worked From Home | 10.2% | 13.7% | -3.5% |
| Mean Commute | 13.00 | 19.70 | -6.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 194,947: residents under 18 are down 0.8% and those 65 and over are up 2.6%.
County median household income is $75K, 13.1% of residents are below the poverty level, 13.7% work from home.