Interested in purchasing investment houses in the 62702 zip code in Springfield, IL?
The zip code 62702 is in Sangamon county with a latitude of -89.641680000000 and longitude of 39.824010000000, is in the state of Illinois. The average asking price of houses and condos is $97,948.00 and the average sale price was $150,270.00. 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° 49' 26.436" N, 89° 38' 30.048" W. The county F.I.P.S. is 17167. This zip code contains two cities including Springfield, IL (77.02%), and Grandview, IL (2.18%) The total land area is 15.4 square miles and the water area is 0.0 square miles. The elevation in this area is 545 - 577 feet. The zip code is on central standard time and observes daylight savings time.
The zip 62702 is in county number 167 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 33,929 in 2019 and 37,281 in 2010. This further breaks down to 16,406 males (48.4%) and 17,522 females (51.6%). The median age of residents is 40.9 years. The population of the greater Springfield, IL area is 207,610. The population density (people per square mile) is 2,200. This zip code has a combined total of 18,184 houses and condos. There are 6,047 rented appartments. 38% of residents rent versus the 38% 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 $39,565 and the average salary is $32,943. The median household income of individuals is $40,462.00 and the average is $44,250.00. This zip code has a mean commute time to work of 18.4 minutes. The unemployment rate is 6.8%. Income earners by percent breakdown as 61.30% (Under $50,000), 30.40% ($50,000-$100,000), and 8.20% earn over $100,000. 22.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 84.4. The educational breakdown is 86.8% have a high school education or higher, 19.9% have a bachelor's degree or higher, and 7.1% have some kind of profesional degree.
This area has 16,414 households and the average size is 2.1 people. Individuals who are single and have never been married are 37.4%, 35.4% are now married, 1.6% are separated, 7.4% are widowed, and 18.2% are divorced. The average yearly contribution amount given by people to charity was $3,903 versus the state average of $4,525. The percent of residents who gave to charity was 10.9%.
The estimated median value of houses and condos is $91,888. The median monthly owner costs of mortgage holders was $1,028, where as the costs for those who don't have a mortgage are $429. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $1,762. 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 2.0% which amounted to an average tax amount of $2,014. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,379. Reported taxable interest for persons was $1,121, dividends $3,984, capital gains +$7,398, and itemized deductions $16,367. The average earned income tax credit is $2,351. The percent of individuals that use a tax preparer is 45.2%. The total average income taxes paid by individuals was $6,496. Businesses reported an average profit of $9,188.
Alexander's Steakhouse
620 N Bruns Ln, Springfield, IL 62702
Thai Basil
2703 N Dirksen Pkwy, Springfield, IL 62702
Magic Kitchen Thai Restaurant
4112 N Peoria Rd, Springfield, IL 62702
Yummy House
2415 N Dirksen Pkwy, Springfield, IL 62702
Ic BBQ
2415 N Dirksen Pkwy, Springfield, IL 62702
The Koo Koo's Nest
3045 E Sangamon Ave, Springfield, IL 62702
Bunker Bar & Grille
933 N Grand Ave W, Springfield, IL 62702
Hickory River Smokehouse
2343 N Dirksen Pkwy, Springfield, IL 62702
Ritz's Lil Fryer
2148 E North Grand Ave, Springfield, IL 62702
Top Cats Chill & Grill
3211 E Sangamon Ave, Springfield, IL 62702
Cook's Spice Rack & Chili
910 N Grand Ave W, Springfield, IL 62702
Xochimilco Restaurant
3210 Northfield Dr, Springfield, IL 62702
Xochimilco Authentic Mexican Restaurant
3210 Northfield Dr, Springfield, IL 62702
A&B BBQ BAR & GRIL
933 North Grand Avenue West, Springfield, IL 62702
Buffalo Wild Wings
2808 N Dirksen Pkwy, Springfield, IL 62702
China King Restaurant
120 N Grand Ave W, Springfield, IL 62702
Jungle Jim's Cafe
1923 N Peoria Rd, Springfield, IL 62702
Homestyle Cafe
1144 N 9th St, Springfield, IL 62702
Parkway Cafe
2715 N Dirksen Pkwy, Springfield, IL 62702
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