Interested in purchasing investment houses in the 62422 zip code in Cowden, IL?
The zip code 62422 is in both Fayette and Shelby counties with a latitude of -88.883220000000 and longitude of 39.238820000000, is in the state of Illinois. The average asking price of houses and condos is $102,659.00 and the average sale price was $125,955.00. this regions is classified as the Champaign - Springfield metro area and consists of the following area codes: 217 and 447. The location in degrees is 39° 14' 19.752" N, 88° 52' 59.592" W. The county F.I.P.S. is 17173. The total land area is 39.9 square miles and the water area is 0.0 square miles. The elevation in this area is 538 - 587 feet. The zip code is on central standard time and observes daylight savings time.
The zip 62422 is in county number 057 and is L. Sector 95, L. Segment 11, H. Sector 11, and H. Segment 11. The population was 1,025 in 2019 and 1,156 in 2010. This further breaks down to 533 males (52.1%) and 491 females (47.9%). The median age of residents is 45.2 years. The population density (people per square mile) is 26. This zip code has a combined total of 505 houses and condos. There are 101 rented appartments. 23% of residents rent versus the 23% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $39,572 and the average salary is $34,916. The median household income of individuals is $36,196.00 and the average is $44,110.00. This zip code has a mean commute time to work of 27.4 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 63.90% (Under $50,000), 29.60% ($50,000-$100,000), and 6.50% earn over $100,000. 17.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 84.9. The educational breakdown is 94.8% have a high school education or higher, 7.7% have a bachelor's degree or higher, and 2.4% have some kind of profesional degree.
This area has 463 households and the average size is 2.3 people. Individuals who are single and have never been married are 28.1%, 57.5% are now married, 0.8% are separated, 3.4% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $4,400 versus the state average of $4,525. The percent of residents who gave to charity was 7.4%.
The estimated median value of houses and condos is $95,537. The median monthly owner costs of mortgage holders was $894, where as the costs for those who don't have a mortgage are $425. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 6.1.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $1,777. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 1.8% which amounted to an average tax amount of $1,963. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $1,459. Reported taxable interest for persons was $881, dividends $675, capital gains +$850, and itemized deductions $17,143. The average earned income tax credit is $2,262. The percent of individuals that use a tax preparer is 64.8%. The total average income taxes paid by individuals was $4,971. Businesses reported an average profit of $5,343.
Jenny's Diner
119 N Grand Ave, Cowden, IL 62422
Jenny's Diner
119 N Grand Ave, Cowden, IL 62422
Herrick Family Restaurant
6 N Broadway St, Herrick, IL 62431 (5.1 miles away)
Country Garden's Cafe
105 E Poplar St, Beecher City, IL 62414 (5.6 miles away)
Lukenbach's
112 W Adams Ave, Altamont, IL 62411 (13.9 miles away)
Stan's Steak House
200 E South 2nd St, Stewardson, IL 62463 (13.9 miles away)