US ZIP Code
62049

Hillsboro, IL

Montgomery County  ·  Illinois

● Active
👥 8,078 Population ↓ 5% since 2019
💰 $54,767 Median HH Income
▼ 28% below avg ↓ 8% since 2019
🎂 42.4 Median Age ↑ 5% since 2019
🏠 $106,600 Median Home Value
▼ 62% below avg ↑ 20% since 2019
🎓 24.8% College Grads
▼ 36% below avg
📊 5.8% Unemployment
▲ 19% above avg ↑ 33% since 2019
ZIP Code Details
ZIP Code62049
CityHillsboro
StateIllinois (IL)
CountyMontgomery County
Area Code217/447
Elevation632 ft
Latitude39.141039
Longitude-89.47951
TimezoneChicago (DST)
FIPS17135
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 62.7% (5,068) Female 37.3% (3,010) ♀

Race & Ethnicity

White: 85%Hispanic: 3.7%Black: 8.3%Other: 2.3%Race
White85.0%
Hispanic3.7%
Black8.3%
Other2.3%

Age Breakdown

Under 5
4%
5–17
13%
18–24
6%
25–44
30%
45–64
29%
65+
7%

Key Indicators

Median Age42.4 yrs ↑ 5% since 2019
Avg Household Size2.27
Below Poverty9.8% ≈ Avg
College Grads24.8% ▼ 36% below avg
Unemployment5.8% ▲ 19% above avg
No HS Diploma23 (0.4%)
HS Graduate1,760 (32.1%)
Some College1,008 (18.4%)
Associates1,328 (24.2%)
Bachelors506 (9.2%)
Graduate Degree853 (15.6%)

Education

No HS: 0.4%HS Grad: 32.1%Some College: 18.4%Associates: 24.2%Bachelors: 9.2%Graduate: 15.6%Edu
No HS0.4%
HS Grad32.1%
Some College18.4%
Associates24.2%
Bachelors9.2%
Graduate15.6%
Housing & Income

Housing Tenure

Owner: 74.9%Renter: 25.2%Tenure
Owner74.9%
Renter25.2%

Home Value Distribution

Under $50k
22%
$50k–100k
26%
$100k–150k
16%
$150k–200k
13%
$200k–300k
15%
$300k–500k
8%
Over $500k
0%

Financials

Median HH Income$54,767 ▼ 28% below avg ↓ 8% since 2019
Median Home Value$106,600 ▼ 62% below avg ↑ 20% since 2019
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$817/mo ↑ 22% since 2019
Total Units2,970
Vacant Units306
Avg HH Size2.27

Income Distribution

Under $25k
22%
$25k–50k
20%
$50k–75k
14%
$75k–100k
12%
$100k–150k
18%
$150k–200k
8%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
86%
Walked
6%
Work From Home
8%

Commute Time

Under 15 min
56%
15–30 min
16%
30–45 min
9%
Over 45 min
19%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
17%
1960s–1970s
12%
1980s–1990s
9%
2000+
58%

Summary

Total Units2,970
Vacant306
Owner Occupied74.9%
Renter Occupied25.2%
Avg HH Size2.27
Frequently Asked Questions
ZIP code 62049 is in Hillsboro, IL, in Montgomery County.
ZIP code 62049 is located in Illinois (IL).
ZIP code 62049 is in Montgomery County, IL.
ZIP 62049 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 62049 is 8,078 people (ACS 2023).
The median household income in ZIP code 62049 is $54,767 (ACS 2023).
The median home value in ZIP 62049 is $106,600 (ACS 2023).
About ZIP Code 62049

ZIP code 62049 is located in Hillsboro, Illinois, within Montgomery County. With a population of 8,078, this is a lightly populated ZIP code with a middle-aged community — the median age is 42.4 years. Economically, 62049 is a working-class ZIP code: the median household income of $54,767 is below the national average.

Real estate in ZIP code 62049 represents one of the more affordable housing markets in the country. The median home value of $106,600 is well below the national average. Renters can expect to pay around $817 per month in median rent. Homeownership is strong here — 74.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 20% since 2019.

The population of 62049 is primarily White (85.02%). Residents are less-educated — 24.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.8%. Household income has declined by 8% since 2019.

The unemployment rate in 62049 stands at 5.8%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.

Overall, ZIP code 62049 in Hillsboro, IL is characterized as working-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 8,078 residents, a median household income of $54,767, and a median home value of $106,600, it offers a clear picture of life in this part of Illinois.