| ZIP Code | 62360 |
|---|---|
| City | Payson |
| State | Illinois (IL) |
| County | Adams County |
| Area Code | 217/447 |
| Elevation | 665 ft |
| Latitude | 39.817324 |
|---|---|
| Longitude | -91.261413 |
| Timezone | Chicago (DST) |
| FIPS | 17001 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.9 yrs ↑ 18% since 2019 |
|---|---|
| Avg Household Size | 2.32 |
| Below Poverty | 7.7% ▼ 23% below avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 1.0% ▼ 80% below avg |
| No HS Diploma | 2 (0.2%) |
| HS Graduate | 438 (42%) |
| Some College | 177 (17%) |
| Associates | 93 (8.9%) |
| Bachelors | 82 (7.9%) |
| Graduate Degree | 250 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,427 ▼ 23% below avg ↓ 10% since 2019 |
|---|---|
| Median Home Value | $126,300 ▼ 55% below avg ↑ 20% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $967/mo ↑ 28% since 2019 |
| Total Units | 768 |
| Vacant Units | 103 |
| Avg HH Size | 2.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 768 |
|---|---|
| Vacant | 103 |
| Owner Occupied | 89.2% |
| Renter Occupied | 10.8% |
| Avg HH Size | 2.32 |
ZIP code 62360 is located in Payson, Illinois, within Adams County. With a population of 1,540, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.9 years. Economically, 62360 is a solidly middle-class ZIP code: the median household income of $58,427 is below the national average.
Real estate in ZIP code 62360 represents one of the more affordable housing markets in the country. The median home value of $126,300 is well below the national average. Renters can expect to pay around $967 per month in median rent. Homeownership is strong here — 89.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 20% since 2019.
The population of 62360 is primarily White (95.84%). Residents are moderately educated — 31.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 7.7%. Household income has declined by 10% since 2019.
The unemployment rate in 62360 stands at 1.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 90%.
Overall, ZIP code 62360 in Payson, IL is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,540 residents, a median household income of $58,427, and a median home value of $126,300, it offers a clear picture of life in this part of Illinois.