| ZIP Code | 62341 |
|---|---|
| City | Hamilton |
| State | Illinois (IL) |
| County | Hancock County |
| Area Code | 217/447 |
| Elevation | 622 ft |
| Latitude | 40.43343 |
|---|---|
| Longitude | -91.300936 |
| Timezone | Chicago (DST) |
| FIPS | 17067 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.3 yrs ↓ 9% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 37.8% ≈ Avg |
| Unemployment | 1.2% ▼ 75% below avg |
| No HS Diploma | 8 (0.3%) |
| HS Graduate | 721 (31.3%) |
| Some College | 290 (12.6%) |
| Associates | 414 (18%) |
| Bachelors | 346 (15%) |
| Graduate Degree | 523 (22.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,050 ▼ 15% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $118,200 ▼ 58% below avg ↑ 25% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $882/mo ↑ 35% since 2019 |
| Total Units | 1,612 |
| Vacant Units | 162 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,612 |
|---|---|
| Vacant | 162 |
| Owner Occupied | 76.8% |
| Renter Occupied | 23.2% |
| Avg HH Size | 2.33 |
ZIP code 62341 is located in Hamilton, Illinois, within Hancock County. With a population of 3,439, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.3 years. Economically, 62341 is a solidly middle-class ZIP code: the median household income of $65,050 is near the national average.
Real estate in ZIP code 62341 represents one of the more affordable housing markets in the country. The median home value of $118,200 is well below the national average. Renters can expect to pay around $882 per month in median rent. Homeownership is strong here — 76.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 25% since 2019.
The population of 62341 is primarily White (96.69%). Residents are moderately educated — 37.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.6%. Household income has grown by 20% since 2019.
The unemployment rate in 62341 stands at 1.2%, which is well below the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 62341 in Hamilton, IL is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 3,439 residents, a median household income of $65,050, and a median home value of $118,200, it offers a clear picture of life in this part of Illinois.