| ZIP Code | 62294 |
|---|---|
| City | Troy |
| State | Illinois (IL) |
| County | Madison County |
| Area Code | 618/730 |
| Elevation | 543 ft |
| Latitude | 38.702556 |
|---|---|
| Longitude | -89.86748 |
| Timezone | Chicago (DST) |
| FIPS | 17119 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs ↓ 7% since 2019 |
|---|---|
| Avg Household Size | 2.66 |
| Below Poverty | 1.6% ▼ 84% below avg |
| College Grads | 59.4% ▲ 53% above avg |
| Unemployment | 2.6% ▼ 46% below avg |
| No HS Diploma | 24 (0.2%) |
| HS Graduate | 1,557 (15.5%) |
| Some College | 971 (9.7%) |
| Associates | 1,522 (15.2%) |
| Bachelors | 1,234 (12.3%) |
| Graduate Degree | 4,737 (47.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $108,418 ▲ 42% above avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $255,700 ▼ 8% below avg ↑ 32% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,069/mo ↑ 23% since 2019 |
| Total Units | 6,138 |
| Vacant Units | 402 |
| Avg HH Size | 2.66 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,138 |
|---|---|
| Vacant | 402 |
| Owner Occupied | 75.5% |
| Renter Occupied | 24.5% |
| Avg HH Size | 2.66 |
ZIP code 62294 is located in Troy, Illinois, within Madison County. With a population of 15,246, this is a moderately populated ZIP code with a relatively young community — the median age is 37.1 years. Economically, 62294 is a upper-middle-income ZIP code: the median household income of $108,418 is above the national average.
Real estate in ZIP code 62294 represents a mid-range housing market. The median home value of $255,700 is near the national average. Renters can expect to pay around $1,069 per month in median rent. Homeownership is strong here — 75.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 32% since 2019.
The population of 62294 is primarily White (92.84%). Residents are well-educated — 59.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 1.6%. Household income has grown by 31% since 2019.
The unemployment rate in 62294 stands at 2.6%, which is below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 62294 in Troy, IL is characterized as upper-middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 15,246 residents, a median household income of $108,418, and a median home value of $255,700, it offers a clear picture of life in this part of Illinois.