ZIP Code 61862

standard

Source:

Penfield · Champaign County · Illinois

Population
510

5/sq mi

Median income
$114,250

▲ 50% vs US

higher than 88% of US ZIPs

Median home value
$121,600

▼ 56% vs US

higher than 17% of US ZIPs

Bachelor's or higher
23.5%

Median age 39.6

Land area
104.1 sq mi

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

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

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 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

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.

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.