ZIP 62942 vs ZIP 62940

Source:

Grand Tower, IL — Gorham, IL

This side-by-side compares ZIP 62942 (Grand Tower, IL) and ZIP 62940 (Gorham, IL) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 62942 has a population of 707 at 8 people per square mile, while ZIP 62940 has 445 at 7 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 62942 reports a median household income of $36,458 against $64,375 in ZIP 62940, with per-capita income of $24,753 vs $21,469. The share of adults holding a bachelor's degree or higher is 1.7% in 62942 and 10.0% in 62940. Poverty rate reads 32.0% vs 8.4%, and unemployment 5.4% vs 13.6% — 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 $51,600 in 62942 versus $29,400 in 62940, with median rent of $682 and $722 per month respectively. Homeownership rate is 67.1% vs 62.6%. 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
62942
Grand Tower, IL
62940
Gorham, IL
Population 707 445
Median Household Income $36,458 $64,375
Per Capita Income $24,753 $21,469
Median Age 23.8 23.9
Bachelor's Degree or Higher 1.7% 10.0%
Poverty Rate 32.0% 8.4%
Unemployment Rate 5.4% 13.6%
Median Home Value $51,600 $29,400
Median Rent (monthly) $682 $722
Homeownership Rate 67.1% 62.6%
Population Density (per sq mi) 8 7

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

Full Profile
62942
Grand Tower, IL
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62940
Gorham, IL
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What are common questions about this comparison?

How do ZIP codes 62942 and 62940 compare?
ZIP 62942 (Grand Tower, IL) has a population of 707 and a median household income of $36,458. ZIP 62940 (Gorham, IL) has a population of 445 and a median household income of $64,375.
Which ZIP code has higher income, 62942 or 62940?
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?
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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.