| ZIP Code | 62298 |
|---|---|
| City | Waterloo |
| State | Illinois (IL) |
| County | Monroe County |
| Area Code | 618/730 |
| Elevation | 642 ft |
| Latitude | 38.308842 |
|---|---|
| Longitude | -90.149413 |
| Timezone | Chicago (DST) |
| FIPS | 17133 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.6 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.49 |
| Below Poverty | 4.4% ▼ 56% below avg |
| College Grads | 46.8% ▲ 21% above avg |
| Unemployment | 2.4% ▼ 50% below avg |
| No HS Diploma | 30 (0.2%) |
| HS Graduate | 3,022 (24.3%) |
| Some College | 1,729 (13.9%) |
| Associates | 1,824 (14.7%) |
| Bachelors | 1,436 (11.6%) |
| Graduate Degree | 4,382 (35.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,073 ▲ 23% above avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $263,200 ≈ Avg ↑ 24% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $884/mo ↑ 5% since 2019 |
| Total Units | 7,562 |
| Vacant Units | 438 |
| Avg HH Size | 2.49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,562 |
|---|---|
| Vacant | 438 |
| Owner Occupied | 84.3% |
| Renter Occupied | 15.7% |
| Avg HH Size | 2.49 |
ZIP code 62298 is located in Waterloo, Illinois, within Monroe County. With a population of 17,907, this is a moderately populated ZIP code with a middle-aged community — the median age is 43.6 years. Economically, 62298 is a middle-income ZIP code: the median household income of $94,073 is above the national average.
Real estate in ZIP code 62298 represents a mid-range housing market. The median home value of $263,200 is near the national average. Renters can expect to pay around $884 per month in median rent. Homeownership is strong here — 84.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 62298 is primarily White (96.88%). Residents are well-educated — 46.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.4%. Household income has grown by 24% since 2019.
The unemployment rate in 62298 stands at 2.4%, which is well below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 62298 in Waterloo, IL is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 17,907 residents, a median household income of $94,073, and a median home value of $263,200, it offers a clear picture of life in this part of Illinois.