| ZIP Code | 62702 |
|---|---|
| City | Springfield |
| State | Illinois (IL) |
| County | Sangamon County |
| Area Code | 217/447 |
| Elevation | 523 ft |
| Latitude | 39.824222 |
|---|---|
| Longitude | -89.64273 |
| Timezone | Chicago (DST) |
| FIPS | 17167 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.5 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.13 |
| Below Poverty | 22.3% ▲ 123% above avg |
| College Grads | 31.5% ▼ 19% below avg |
| Unemployment | 7.0% ▲ 43% above avg |
| No HS Diploma | 195 (1%) |
| HS Graduate | 6,437 (32.8%) |
| Some College | 3,606 (18.4%) |
| Associates | 3,187 (16.3%) |
| Bachelors | 2,028 (10.3%) |
| Graduate Degree | 4,152 (21.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,748 ▼ 31% below avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $102,300 ▼ 63% below avg ↑ 23% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $858/mo ↑ 8% since 2019 |
| Total Units | 17,083 |
| Vacant Units | 2,596 |
| Avg HH Size | 2.13 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 17,083 |
|---|---|
| Vacant | 2,596 |
| Owner Occupied | 64.4% |
| Renter Occupied | 35.6% |
| Avg HH Size | 2.13 |
ZIP code 62702 is located in Springfield, Illinois, within Sangamon County. With a population of 31,251, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.5 years. Economically, 62702 is a working-class ZIP code: the median household income of $52,748 is below the national average.
Real estate in ZIP code 62702 represents one of the more affordable housing markets in the country. The median home value of $102,300 is well below the national average. Renters can expect to pay around $858 per month in median rent. Homeownership is strong here — 64.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.
The population of 62702 is primarily White (72.31%). Residents are moderately educated — 31.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 22.3%. Household income has grown by 24% since 2019.
The unemployment rate in 62702 stands at 7.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 62702 in Springfield, IL is characterized as working-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 31,251 residents, a median household income of $52,748, and a median home value of $102,300, it offers a clear picture of life in this part of Illinois.