| ZIP Code | 62473 |
|---|---|
| City | Watson |
| State | Illinois (IL) |
| County | Effingham County |
| Area Code | 217/447/618/730 |
| Elevation | 556 ft |
| Latitude | 39.021484 |
|---|---|
| Longitude | -88.567904 |
| Timezone | Chicago (DST) |
| FIPS | 17049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.8 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 12.9% ▲ 29% above avg |
| College Grads | 28.6% ▼ 26% below avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 4 (0.5%) |
| HS Graduate | 336 (42.7%) |
| Some College | 108 (13.7%) |
| Associates | 113 (14.4%) |
| Bachelors | 96 (12.2%) |
| Graduate Degree | 129 (16.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,200 ≈ Avg ↑ 42% since 2019 |
|---|---|
| Median Home Value | $117,400 ▼ 58% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $531/mo ↓ 4% since 2019 |
| Total Units | 495 |
| Vacant Units | 13 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 495 |
|---|---|
| Vacant | 13 |
| Owner Occupied | 80.1% |
| Renter Occupied | 19.9% |
| Avg HH Size | 2.33 |
ZIP code 62473 is located in Watson, Illinois, within Effingham County. With a population of 1,124, this is a sparsely populated ZIP code with a mature community — the median age is 46.8 years. Economically, 62473 is a solidly middle-class ZIP code: the median household income of $71,200 is near the national average.
Real estate in ZIP code 62473 represents one of the more affordable housing markets in the country. The median home value of $117,400 is well below the national average. Renters can expect to pay around $531 per month in median rent. Homeownership is strong here — 80.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 62473 is primarily White (95.82%). Residents are moderately educated — 28.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.9%. Household income has grown by 42% since 2019.
The unemployment rate in 62473 stands at 2.2%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 62473 in Watson, IL is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,124 residents, a median household income of $71,200, and a median home value of $117,400, it offers a clear picture of life in this part of Illinois.