PlainZIP

Penfield, IL · standard

ZIP Code 61862

Champaign County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

510
5/sq mi
$114,250
Median income
$121,600
Median home value
23.5%
Bachelor's or higher

The verdict

Penfield pairs an upper-quartile household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

Top 12%
household income, US ZIPs
17th pct
home value, US ZIPs
5
people per sq mi
84%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 61862 against every reporting US ZIP.

ZIP code 61862 is a sparsely populated ZIP (a standard USPS delivery area) in Penfield, Champaign County, Illinois, home to just 510 residents across 104.1 square miles, a density of 5 people per square mile, in the Chicago time zone.

ZIP 61862 skews affluent, with a median household income of $114,250 (43% above the Illinois average), while per-capita income is $37,233. Poverty here runs at 3.5%, with unemployment measured 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.

Educational attainment sits below the national norm: 23.5% of adults hold a bachelor's degree or higher, the median age is 39.6, and the average commute is -. A geography-based comparison follows: 5 ZIP codes within about 10 miles of 61862, plus 6 more within Champaign County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; FHFA HPI updated quarterly/annually.

Quick Facts

510

Population

104.1

Area (sq mi)

5

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 61862?

39.6

Median Age

53.0%

Male

47.0%

Female

0.0%

Foreign-Born

White 97.6%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.4%
Hispanic or Latino 1.2%

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

How ZIP 61862 ranks nationally

Penfield, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$114,250 Top 12% higher than 88% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 80.5%
Bachelor's Degree or Higher 23.5%

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

Owner 84.4%
Renter 15.6%

$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 →

ZIP 61862 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 61862 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 61862 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 61862 ranks the highest of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
61847 Gifford, IL 1,256 3.4 mi
61812 Armstrong, IL 375 5.2 mi
61871 Royal, IL 284 8.1 mi
61865 Potomac, IL 1,391 7.9 mi
60960 Rankin, IL 1,064 9.7 mi

More ZIP Codes in Champaign County

61820 standard
Champaign, IL
Pop: 36,964
61801 standard
Urbana, IL
Pop: 30,937
61821 standard
Champaign, IL
Pop: 30,174
61822 standard
Champaign, IL
Pop: 21,608
61802 standard
Urbana, IL
Pop: 19,052
61866 standard
Rantoul, IL
Pop: 14,048

Related Areas

Champaign County Penfield, IL Illinois

Frequently Asked Questions

What county is ZIP code 61862 in? ▼
ZIP code 61862 (Penfield) is located in Champaign County, Illinois. Champaign County contains multiple ZIP codes, see the full list at /counties/champaign-il.
What is the population of ZIP code 61862? ▼
ZIP code 61862 in Penfield, IL has a population of 510 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 61862? ▼
The median household income in ZIP 61862 is $114,250, which is 50% above the national average of $76,288.
What is the average home value in ZIP 61862? ▼
The median home value in ZIP 61862 is $121,600, which is 56% below the national average of $278,155.
What is the demographic makeup of ZIP 61862? ▼
The largest racial group in ZIP 61862 is White at 97.6%. Hispanic or Latino residents make up 1.2% of the population.
How many businesses are in ZIP code 61862? ▼
ZIP code 61862 has 11 business establishments employing approximately 37 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 61862? ▼
In ZIP code 61862, 80.5% of residents aged 25+ have a high school diploma or higher, and 23.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 61862? ▼
In ZIP code 61862, approximately 84.4% of occupied housing units are owner-occupied and 15.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 61862? ▼
The poverty rate in ZIP code 61862 is 3.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.