| ZIP Code | 62440 |
|---|---|
| City | Lerna |
| State | Illinois (IL) |
| County | Coles County |
| Area Code | 217/447 |
| Elevation | 728 ft |
| Latitude | 39.39431 |
|---|---|
| Longitude | -88.26325 |
| Timezone | Chicago (DST) |
| FIPS | 17029 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.2 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.15 |
| Below Poverty | 6.0% ▼ 41% below avg |
| College Grads | 34.8% ▼ 10% below avg |
| Unemployment | 2.7% ▼ 45% below avg |
| HS Graduate | 308 (39.8%) |
| Some College | 81 (10.5%) |
| Associates | 115 (14.9%) |
| Bachelors | 74 (9.6%) |
| Graduate Degree | 195 (25.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,583 ≈ Avg ↑ 49% since 2019 |
|---|---|
| Median Home Value | $141,900 ▼ 49% below avg ↑ 61% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $800/mo ↑ 13% since 2019 |
| Total Units | 553 |
| Vacant Units | 55 |
| Avg HH Size | 2.15 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 553 |
|---|---|
| Vacant | 55 |
| Owner Occupied | 94.8% |
| Renter Occupied | 5.2% |
| Avg HH Size | 2.15 |
ZIP code 62440 is located in Lerna, Illinois, within Coles County. With a population of 1,092, this is a sparsely populated ZIP code with a mature community — the median age is 53.2 years. Economically, 62440 is a solidly middle-class ZIP code: the median household income of $72,583 is near the national average.
Real estate in ZIP code 62440 represents one of the more affordable housing markets in the country. The median home value of $141,900 is below the national average. Renters can expect to pay around $800 per month in median rent. Homeownership is strong here — 94.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 61% since 2019.
The population of 62440 is primarily White (99.45%). Residents are moderately educated — 34.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.0%. Household income has grown by 49% since 2019.
The unemployment rate in 62440 stands at 2.7%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 62440 in Lerna, IL is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,092 residents, a median household income of $72,583, and a median home value of $141,900, it offers a clear picture of life in this part of Illinois.