ZIP Code 61862
standardSource:
Penfield · Champaign County · Illinois
- Population
- 510
- Median income
- $114,250
- Median home value
- $121,600
- Bachelor's or higher
- 23.5%
- Land area
- 104.1 sq mi
5/sq mi
▲ 50% vs US
higher than 88% of US ZIPs
▼ 56% vs US
higher than 17% of US ZIPs
Median age 39.6
Chicago
ZIP code 61862 in Penfield, Illinois has a population of 510. The median household income is $114,250, which is 50% above the national average. Median home value is $121,600, 56% below the US average. 23.5% of residents hold a bachelor's degree or higher.
ZIP code 61862 is classified by USPS as a standard delivery area and covers roughly 104.1 square miles in Penfield, Champaign County, Illinois. The area is home to 510 residents, producing a population density of 5 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 61862 against Illinois and the nation.
On the economic side, the median household income for ZIP 61862 sits at $114,250 (43% above the Illinois average), while per-capita income is $37,233. The poverty rate stands at 3.5% and the unemployment rate at 1.8%. On housing, the median home value is $121,600 (37% below the state average) with median rent at $825 per month, and 84.4% of occupied units are owner-occupied, a direct signal of whether 61862 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 23.5% of adults hold a bachelor's degree or higher, the median age is 39.6, and the average commute is —. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Champaign County, so you can benchmark 61862 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 61862, Penfield, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
510
Population
104.1
Area (sq mi)
5
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 61862?
39.6
Median Age
53.0%
Male
47.0%
Female
0.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$114,250
Median Household Income
+43% vs state
$37,233
Per Capita Income
3.5%
Poverty Rate
1.8%
Unemployment Rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
227
Total Housing Units
186
Occupied Units
41
Vacant Units
3.12
Avg Household Size
Occupancy Type
$121,600
Median Home Value
-37% vs state
$825
Median Rent
1958
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 11 business establishments in ZIP 61862, employing approximately 37 people with a combined annual payroll of $1,057,000.
11
Businesses
37
Employees
$1.1M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 5 | 45.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 61862 vs 61847 →
More ZIP Codes in Champaign County
Related Areas
Frequently Asked Questions
What county is ZIP code 61862 in? ▼
What is the population of ZIP code 61862? ▼
What is the median household income in ZIP 61862? ▼
What is the average home value in ZIP 61862? ▼
What is the demographic makeup of ZIP 61862? ▼
How many businesses are in ZIP code 61862? ▼
What is the education level in ZIP code 61862? ▼
What percentage of residents own vs. rent in ZIP 61862? ▼
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ZIP Code Research Guides
Official Data Resources for Penfield, IL
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.