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Mill Shoals 62862

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Illinois
$63K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.226
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$63K
Single familyThe share of homes here that are single-family houses.69%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.100%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.56%
Company ownedThe share of homes owned by a company or trust instead of a person.11%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.10.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.222

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.507
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.19 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$54K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69K
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

How Mill Shoals 62862 compares

By median home value, Mill Shoals 62862 is the 7th most expensive of 8 ZIP codes in White County, and its typical home is worth more than 26% of all homes in White County.

Home values in Mill Shoals 62862

Share of homes at each estimated value.

Median
$24K$197K
ZIP codes in White County ranked by median home value
#White CountyMedian valueHomes
1Carmi 62821$102K3,403
2Crossville 62827$80K603
3Enfield 62835$79K586
4Norris City 62869$79K1,407
5Springerton 62887$74K178
6Burnt Prairie 62820$67K112
7Mill Shoals 62862$63K226
8Grayville 62844$59K905

About the Mill Shoals 62862 market

How many homes are there in Mill Shoals 62862, IL?

Mill Shoals 62862, IL contains 226 residential properties. The median TopHap Estimate is $63K.

How does Mill Shoals 62862, IL compare to the rest of White County?

By median home value, Mill Shoals 62862, IL is the 7th most expensive of 8 ZIP codes in White County. Its typical home is worth more than 26% of all homes in White County. Burnt Prairie 62820 ranks just above it and Grayville 62844 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Mill Shoals 62862, IL?

56% of homes in Mill Shoals 62862, IL are owner-occupied. 11% are held by a company rather than an individual.

How much equity do owners in Mill Shoals 62862, IL hold?

100% of mortgaged homes in Mill Shoals 62862, IL are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Mill Shoals 62862 on the map

See every recorded sale, price heat map, school zone and flood overlay across Mill Shoals 62862 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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