ZIP 62940 vs ZIP 62942

Source:

Gorham, IL — Grand Tower, IL

This side-by-side compares ZIP 62940 (Gorham, IL) and ZIP 62942 (Grand Tower, IL) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 62940 has a population of 445 at 7 people per square mile, while ZIP 62942 has 707 at 8 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 62940 reports a median household income of $64,375 against $36,458 in ZIP 62942, with per-capita income of $21,469 vs $24,753. The share of adults holding a bachelor's degree or higher is 10.0% in 62940 and 1.7% in 62942. Poverty rate reads 8.4% vs 32.0%, and unemployment 13.6% vs 5.4% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $29,400 in 62940 versus $51,600 in 62942, with median rent of $722 and $682 per month respectively. Homeownership rate is 62.6% vs 67.1%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
62940
Gorham, IL
62942
Grand Tower, IL
Population 445 707
Median Household Income $64,375 $36,458
Per Capita Income $21,469 $24,753
Median Age 23.9 23.8
Bachelor's Degree or Higher 10.0% 1.7%
Poverty Rate 8.4% 32.0%
Unemployment Rate 13.6% 5.4%
Median Home Value $29,400 $51,600
Median Rent (monthly) $722 $682
Homeownership Rate 62.6% 67.1%
Population Density (per sq mi) 7 8

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
62940
Gorham, IL
View full ZIP profile →
Full Profile
62942
Grand Tower, IL
View full ZIP profile →

What are common questions about this comparison?

How do ZIP codes 62940 and 62942 compare?
ZIP 62940 (Gorham, IL) has a population of 445 and a median household income of $64,375. ZIP 62942 (Grand Tower, IL) has a population of 707 and a median household income of $36,458.
Which ZIP code has higher income, 62940 or 62942?
ZIP 62940 (Gorham, IL) has a higher median household income of $64,375 compared to $36,458 for ZIP 62942.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.