| ZIP Code | 62349 |
|---|---|
| City | Loraine |
| State | Illinois (IL) |
| County | Adams County |
| Area Code | 217/447 |
| Elevation | 571 ft |
| Latitude | 40.170546 |
|---|---|
| Longitude | -91.191859 |
| Timezone | Chicago (DST) |
| FIPS | 17001 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.7 yrs ↑ 46% since 2019 |
|---|---|
| Avg Household Size | 2.27 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 26.2% ▼ 32% below avg |
| Unemployment | 8.8% ▲ 79% above avg |
| HS Graduate | 263 (51.8%) |
| Some College | 62 (12.2%) |
| Associates | 50 (9.8%) |
| Bachelors | 66 (13%) |
| Graduate Degree | 67 (13.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,431 ▼ 12% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $97,300 ▼ 65% below avg ↓ 21% since 2019 |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $629/mo ↑ 2% since 2019 |
| Total Units | 314 |
| Vacant Units | 15 |
| Avg HH Size | 2.27 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 314 |
|---|---|
| Vacant | 15 |
| Owner Occupied | 80.6% |
| Renter Occupied | 19.4% |
| Avg HH Size | 2.27 |
ZIP code 62349 is located in Loraine, Illinois, within Adams County. With a population of 678, this is a sparsely populated ZIP code with an older community — the median age is 55.7 years. Economically, 62349 is a solidly middle-class ZIP code: the median household income of $67,431 is near the national average.
Real estate in ZIP code 62349 represents one of the more affordable housing markets in the country. The median home value of $97,300 is well below the national average. Renters can expect to pay around $629 per month in median rent. Homeownership is strong here — 80.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 21% since 2019.
The population of 62349 is primarily White (91.00%). Residents are moderately educated — 26.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 5.5%. Household income has grown by 25% since 2019.
The unemployment rate in 62349 stands at 8.8%, which is significantly above the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 62349 in Loraine, IL is characterized as solidly middle-class, moderately educated, an older community, and predominantly owner-occupied. With 678 residents, a median household income of $67,431, and a median home value of $97,300, it offers a clear picture of life in this part of Illinois.