Hillsboro, IL · standard
ZIP Code 62049
Montgomery County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 8,470
- 39/sq mi Moderate-density area
- $55,446
- Median income Below-median income area
- $127,600
- Median home value Below-median home value
- 14.8%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Hillsboro pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 22nd pct
- household income, US ZIPs
- 19th pct
- home value, US ZIPs
- 39
- people per sq mi
- 79%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62049 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 62049 (Hillsboro, IL) rose +9.7% from 2023 to 2024. The all-transactions index moved from 185.4 in 2023 to 203.4 in 2024 (2000 = 100).
ZIP code 62049 is a mid-sized community (a standard USPS delivery area) in Hillsboro, Montgomery County, Illinois, home to 8,470 residents across 220.0 square miles, a density of 39 people per square mile, in the Chicago time zone.
ZIP 62049 reports a modest median household income of $55,446 (31% below the average Illinois ZIP), while per-capita income is $28,630. The poverty rate is 10.7%, with unemployment at 2.6%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $127,600 (34% below the average Illinois ZIP), and median rent is $731; owner occupancy is 79.4%.
Formal educational attainment runs low here: just 14.8% of adults hold a bachelor's degree or higher, the median age is 42.5, and the average commute is -. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 62049 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 →
Top industries in ZIP 62049
Top 5 sectors by establishment count in Hillsboro, IL
Which industries have the most business establishments in ZIP 62049.
- Retail trade
Retail trade
25 establishments
- Health care and social assistance
Health care and social assistance
21 establishments
- Other services (except public administration)
Other services (except public administration)
20 establishments
- Construction
Construction
19 establishments
- Accommodation and food services
Accommodation and food services
17 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
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 62049, Hillsboro, 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
8,470
Population
220.0
Area (sq mi)
39
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62049?
42.5
Median Age
62.6%
Male
37.4%
Female
0.9%
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?
$55,446
Median Household Income
-31% vs state ZIP avg
$28,630
Per Capita Income
10.7%
Poverty Rate
2.6%
Unemployment Rate
How ZIP 62049 ranks among Illinois ZIPs
Hillsboro, 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)
$55,446 15th percentile higher than 15% 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
2,911housing units
2,911
Total Housing Units
2,653
Occupied Units
258
Vacant Units
2.19
Avg Household Size
Occupancy Type
$127,600
Median Home Value
-34% vs state ZIP avg
$731
Median Rent
1965
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+9.7%
YoY Change (2024)
203
HPI Index (2000 = 100)
+103%
Total Change Since 2000
Home values in ZIP 62049 have increased 9.7% over the past year (2024). Since 2000, this ZIP has seen +103% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.0% | 133 |
| 2021 | +12.8% | 150 |
| 2022 | +17.5% | 176 |
| 2023 | +5.1% | 185 |
| 2024 | +9.7% | 203 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 159 business establishments in ZIP 62049, employing approximately 1,774 people with a combined annual payroll of $80,938,000.
159
Businesses
1,774
Employees
$80.9M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 25 | 15.7% |
| Health care and social assistance | 21 | 13.2% |
| Other services (except public administration) | 20 | 12.6% |
| Construction | 19 | 11.9% |
| Accommodation and food services | 17 | 10.7% |
| Professional, scientific, and technical services | 14 | 8.8% |
| Finance and insurance | 10 | 6.3% |
| Arts, entertainment, and recreation | 6 | 3.8% |
| Real estate and rental and leasing | 5 | 3.1% |
| Administrative and support and waste management and remediation services | 5 | 3.1% |
| Manufacturing | 3 | 1.9% |
| Wholesale trade | 3 | 1.9% |
| Transportation and warehousing | 3 | 1.9% |
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 62049 vs 62089 →
ZIP 62049 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62049
Hillsboro (62049)
8,470 residents
- 62086 1,437
Sorento (62086)
1,437 residents
- 62017 1,185
Coffeen (62017)
1,185 residents
- 62094 1,152
Witt (62094)
1,152 residents
- 62051 950
Irving (62051)
950 residents
- 62019 490
Donnellson (62019)
490 residents
- 62089 489
Taylor Springs (62089)
489 residents
- 62015 487
Butler (62015)
487 residents
- 62077 347
Panama (62077)
347 residents
What this shows Among its immediate neighbors, ZIP 62049 ranks the most populous - useful context the national average alone can't give.
ZIP 62049 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62091
Walshville (62091)
$102,188 median income
- 62017
Coffeen (62017)
$97,625 median income
- 62077
Panama (62077)
$72,917 median income
- 62086
Sorento (62086)
$65,000 median income
- 62051
Irving (62051)
$64,360 median income
- 62094
Witt (62094)
$60,644 median income
- 62019
Donnellson (62019)
$56,741 median income
- 62049
Hillsboro (62049)
$55,446 median income
- 62015
Butler (62015)
$51,758 median income
What this shows By household income, ZIP 62049 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 62089 | Taylor Springs, IL | 489 | 0.5 mi |
| 62077 | Panama, IL | 347 | 7.3 mi |
| 62019 | Donnellson, IL | 490 | 7.9 mi |
| 62015 | Butler, IL | 487 | 7.1 mi |
| 62051 | Irving, IL | 950 | 6.7 mi |
| 62017 | Coffeen, IL | 1,185 | 7.5 mi |
| 62091 | Walshville, IL | 337 | 8.4 mi |
| 62086 | Sorento, IL | 1,437 | 11.4 mi |
| 62094 | Witt, IL | 1,152 | 10.6 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 62049, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (8,470 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Montgomery County
Related Areas
Frequently Asked Questions
What county is ZIP code 62049 in?
ZIP code 62049 (Hillsboro) is located in Montgomery County, Illinois. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-il.
What is the population of ZIP code 62049?
ZIP code 62049 in Hillsboro, IL has a population of 8,470 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62049?
The median household income in ZIP 62049 is $55,446, which is 27% below the national average of $76,288.
What is the average home value in ZIP 62049?
The median home value in ZIP 62049 is $127,600, which is 54% below the national average of $278,155.
What is the demographic makeup of ZIP 62049?
The largest racial group in ZIP 62049 is White at 84.1%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 62049?
ZIP code 62049 has 159 business establishments employing approximately 1,774 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 62049?
The top industries by establishment count in ZIP 62049 are: Retail trade (25), Health care and social assistance (21), Other services (except public administration) (20). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 62049?
According to the FHFA House Price Index, home values in ZIP 62049 increased by 9.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 103%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 62049?
In ZIP code 62049, 54.6% of residents aged 25+ have a high school diploma or higher, and 14.8% 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 62049?
In ZIP code 62049, approximately 79.4% of occupied housing units are owner-occupied and 20.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62049?
The poverty rate in ZIP code 62049 is 10.7% 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 62049's numbers, next.
- See how ZIP 62049 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hillsboro, 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.