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 Low-density area
- $114,250
- Median income Above-median income area
- $121,600
- Median home value Below-median home value
- 23.5%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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 average Illinois ZIP), while per-capita income is $37,233. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.5% and unemployment is 1.8%. Home values sit below the statewide ZIP benchmark: the median is $121,600 (37% below the average Illinois ZIP), and median rent is $825; owner occupancy is 84.4%.
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 -. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Champaign County, so 61862 can be compared with both its immediate and county-level context.
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
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 ZIP avg
$37,233
Per Capita Income
3.5%
Poverty Rate
1.8%
Unemployment Rate
How ZIP 61862 ranks among Illinois ZIPs
Penfield, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$114,250 Top 10% higher than 90% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
227housing units
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 ZIP avg
$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.
- 61865
Potomac (61865)
1,391 residents
- 61847
Gifford (61847)
1,256 residents
- 60960
Rankin (60960)
1,064 residents
- 61862 510
Penfield (61862)
510 residents
- 61812 375
Armstrong (61812)
375 residents
- 61871 284
Royal (61871)
284 residents
What this shows Among its immediate neighbors, ZIP 61862 ranks #4 by population - useful context the national average alone can't give.
ZIP 61862 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 61862
Penfield (61862)
$114,250 median income
- 61812
Armstrong (61812)
$103,750 median income
- 61847
Gifford (61847)
$92,344 median income
- 61871
Royal (61871)
$78,750 median income
- 61865
Potomac (61865)
$66,786 median income
- 60960
Rankin (60960)
$56,518 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 61862, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Champaign County
Related Areas
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.
Related
Take this with you
What to do with ZIP 61862's numbers, next.
- See how ZIP 61862 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Penfield, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.