| ZIP Code | 62060 |
|---|---|
| City | Madison |
| State | Illinois (IL) |
| County | Madison County |
| Area Code | 618/730 |
| Elevation | 417 ft |
| Latitude | 38.681805 |
|---|---|
| Longitude | -90.142416 |
| Timezone | Chicago (DST) |
| FIPS | 17119 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.8 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.21 |
| Below Poverty | 34.4% ▲ 244% above avg |
| College Grads | 17.4% ▼ 55% below avg |
| Unemployment | 22.7% ▲ 363% above avg |
| No HS Diploma | 47 (2%) |
| HS Graduate | 1,011 (42.3%) |
| Some College | 423 (17.7%) |
| Associates | 491 (20.6%) |
| Bachelors | 223 (9.3%) |
| Graduate Degree | 193 (8.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,139 ▼ 47% below avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $53,600 ▼ 81% below avg ↑ 24% since 2019 |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $1,019/mo ↑ 40% since 2019 |
| Total Units | 2,018 |
| Vacant Units | 400 |
| Avg HH Size | 2.21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,018 |
|---|---|
| Vacant | 400 |
| Owner Occupied | 46.4% |
| Renter Occupied | 53.7% |
| Avg HH Size | 2.21 |
ZIP code 62060 is located in Madison, Illinois, within Madison County. With a population of 3,619, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.8 years. Economically, 62060 is a working-class ZIP code: the median household income of $40,139 is below the national average.
Real estate in ZIP code 62060 represents one of the more affordable housing markets in the country. The median home value of $53,600 is well below the national average. Renters can expect to pay around $1,019 per month in median rent. The area has a relatively balanced mix of owners (46.4%) and renters (53.7%). Median home values have increased by 24% since 2019.
The population of 62060 is majority Black (66.04%). Residents are less-educated — 17.4% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 34.4%. Household income has grown by 32% since 2019.
The unemployment rate in 62060 stands at 22.7%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 94%.
Overall, ZIP code 62060 in Madison, IL is characterized as working-class, less-educated, and a middle-aged community. With 3,619 residents, a median household income of $40,139, and a median home value of $53,600, it offers a clear picture of life in this part of Illinois.