| ZIP Code | 62556 |
|---|---|
| City | Palmer |
| State | Illinois (IL) |
| County | Christian County |
| Area Code | 217/447 |
| Elevation | 620 ft |
| Latitude | 39.474974 |
|---|---|
| Longitude | -89.375213 |
| Timezone | Chicago (DST) |
| FIPS | 17021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.8 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 18.7% ▼ 52% below avg |
| Unemployment | 0.6% ▼ 88% below avg |
| No HS Diploma | 7 (2.5%) |
| HS Graduate | 159 (57.2%) |
| Some College | 44 (15.8%) |
| Associates | 16 (5.8%) |
| Bachelors | 22 (7.9%) |
| Graduate Degree | 30 (10.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,327 ▼ 29% below avg ↓ 17% since 2019 |
|---|---|
| Median Home Value | $83,800 ▼ 70% below avg ↑ 34% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $719/mo |
| Total Units | 150 |
| Vacant Units | 7 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 150 |
|---|---|
| Vacant | 7 |
| Owner Occupied | 90.2% |
| Renter Occupied | 9.8% |
| Avg HH Size | 2.55 |
ZIP code 62556 is located in Palmer, Illinois, within Christian County. With a population of 365, this is a sparsely populated ZIP code with a mature community — the median age is 50.8 years. Economically, 62556 is a working-class ZIP code: the median household income of $54,327 is below the national average.
Real estate in ZIP code 62556 represents one of the more affordable housing markets in the country. The median home value of $83,800 is well below the national average. Renters can expect to pay around $719 per month in median rent. Homeownership is strong here — 90.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 62556 is primarily White (99.73%). Residents are less-educated — 18.7% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 8.8%. Household income has declined by 17% since 2019.
The unemployment rate in 62556 stands at 0.6%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 92%.
Overall, ZIP code 62556 in Palmer, IL is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 365 residents, a median household income of $54,327, and a median home value of $83,800, it offers a clear picture of life in this part of Illinois.