| ZIP Code | 62431 |
|---|---|
| City | Herrick |
| State | Illinois (IL) |
| County | Shelby County |
| Area Code | 618/730 |
| Elevation | 595 ft |
| Latitude | 39.225294 |
|---|---|
| Longitude | -88.996541 |
| Timezone | Chicago (DST) |
| FIPS | 17173 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.2 yrs ↑ 23% since 2019 |
|---|---|
| Avg Household Size | 2.34 |
| Below Poverty | 9.7% ≈ Avg |
| College Grads | 25.4% ▼ 34% below avg |
| Unemployment | 6.7% ▲ 36% above avg |
| No HS Diploma | 5 (0.9%) |
| HS Graduate | 218 (41.4%) |
| Some College | 104 (19.7%) |
| Associates | 66 (12.5%) |
| Bachelors | 85 (16.1%) |
| Graduate Degree | 49 (9.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,000 ≈ Avg ↑ 41% since 2019 |
|---|---|
| Median Home Value | $109,500 ▼ 61% below avg ↑ 53% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $625/mo ↑ 4% since 2019 |
| Total Units | 461 |
| Vacant Units | 129 |
| Avg HH Size | 2.34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 461 |
|---|---|
| Vacant | 129 |
| Owner Occupied | 91.9% |
| Renter Occupied | 8.1% |
| Avg HH Size | 2.34 |
ZIP code 62431 is located in Herrick, Illinois, within Shelby County. With a population of 777, this is a sparsely populated ZIP code with a mature community — the median age is 50.2 years. Economically, 62431 is a solidly middle-class ZIP code: the median household income of $71,000 is near the national average.
Real estate in ZIP code 62431 represents one of the more affordable housing markets in the country. The median home value of $109,500 is well below the national average. Renters can expect to pay around $625 per month in median rent. Homeownership is strong here — 91.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 53% since 2019.
The population of 62431 is primarily White (94.98%). Residents are moderately educated — 25.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.7%. Household income has grown by 41% since 2019.
The unemployment rate in 62431 stands at 6.7%, which is above the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 62431 in Herrick, IL is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 777 residents, a median household income of $71,000, and a median home value of $109,500, it offers a clear picture of life in this part of Illinois.