| ZIP Code | 62316 |
|---|---|
| City | Bowen |
| State | Illinois (IL) |
| County | Hancock County |
| Area Code | 217/447 |
| Elevation | 681 ft |
| Latitude | 40.235474 |
|---|---|
| Longitude | -91.053025 |
| Timezone | Chicago (DST) |
| FIPS | 17067 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.4 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.83 |
| Below Poverty | 8.1% ▼ 19% below avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 6.7% ▲ 38% above avg |
| No HS Diploma | 4 (0.8%) |
| HS Graduate | 140 (26.5%) |
| Some College | 93 (17.6%) |
| Associates | 143 (27.1%) |
| Bachelors | 77 (14.6%) |
| Graduate Degree | 71 (13.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,946 ▼ 11% below avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $76,000 ▼ 73% below avg ↑ 29% since 2019 |
| Home/Income Ratio | 1.1x (nat avg ~3.5x) |
| Total Units | 316 |
| Vacant Units | 7 |
| Avg HH Size | 2.83 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 316 |
|---|---|
| Vacant | 7 |
| Owner Occupied | 81.9% |
| Renter Occupied | 18.1% |
| Avg HH Size | 2.83 |
ZIP code 62316 is located in Bowen, Illinois, within Hancock County. With a population of 873, this is a sparsely populated ZIP code with a relatively young community — the median age is 33.4 years. Economically, 62316 is a solidly middle-class ZIP code: the median household income of $67,946 is near the national average.
Real estate in ZIP code 62316 represents one of the more affordable housing markets in the country. The median home value of $76,000 is well below the national average. Homeownership is strong here — 81.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.
The population of 62316 is primarily White (91.98%). Residents are moderately educated — 28.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 8.1%. Household income has grown by 15% since 2019.
The unemployment rate in 62316 stands at 6.7%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 62316 in Bowen, IL is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 873 residents, a median household income of $67,946, and a median home value of $76,000, it offers a clear picture of life in this part of Illinois.