| ZIP Code | 62707 |
|---|---|
| City | Springfield |
| State | Illinois (IL) |
| County | Sangamon County |
| Area Code | 217/447 |
| Elevation | 520 ft |
| Latitude | 39.855548 |
|---|---|
| Longitude | -89.650112 |
| Timezone | Chicago (DST) |
| FIPS | 17167 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.31 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 38.4% ≈ Avg |
| Unemployment | 6.1% ▲ 24% above avg |
| No HS Diploma | 35 (0.6%) |
| HS Graduate | 1,739 (30.9%) |
| Some College | 950 (16.9%) |
| Associates | 746 (13.2%) |
| Bachelors | 584 (10.4%) |
| Graduate Degree | 1,581 (28.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,988 ▲ 10% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $164,300 ▼ 41% below avg ↑ 22% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $926/mo ↑ 12% since 2019 |
| Total Units | 3,751 |
| Vacant Units | 255 |
| Avg HH Size | 2.31 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,751 |
|---|---|
| Vacant | 255 |
| Owner Occupied | 86.9% |
| Renter Occupied | 13.1% |
| Avg HH Size | 2.31 |
ZIP code 62707 is located in Springfield, Illinois, within Sangamon County. With a population of 8,168, this is a lightly populated ZIP code with a mature community — the median age is 45 years. Economically, 62707 is a middle-income ZIP code: the median household income of $83,988 is near the national average.
Real estate in ZIP code 62707 represents an affordable housing market. The median home value of $164,300 is below the national average. Renters can expect to pay around $926 per month in median rent. Homeownership is strong here — 86.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 22% since 2019.
The population of 62707 is primarily White (86.29%). Residents are moderately educated — 38.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.8%. Household income has grown by 22% since 2019.
The unemployment rate in 62707 stands at 6.1%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 62707 in Springfield, IL is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 8,168 residents, a median household income of $83,988, and a median home value of $164,300, it offers a clear picture of life in this part of Illinois.