PlainZIP

Waterloo, IL · standard

ZIP Code 62298

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

16,609
45/sq mi
$101,155
Median income
$290,200
Median home value
36.2%
Bachelor's or higher

The verdict

Waterloo pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 18%
household income, US ZIPs
Top 35%
home value, US ZIPs
45
people per sq mi
85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62298 against every reporting US ZIP.

ZIP code 62298 is a mid-sized community (a standard USPS delivery area) in Waterloo, Monroe County, Illinois, home to 16,609 residents across 373.2 square miles, a density of 45 people per square mile, in the Chicago time zone.

ZIP 62298 lands in the middle-income range, with a median household income of $101,155 (26% above the Illinois average), while per-capita income is $48,901. 4.9% of residents live below the poverty line, and the unemployment rate reads 2.0%. The typical home here is valued at $290,200 (51% above the state average); renters pay a median of $890 monthly, and 85.3% of units are owner-occupied.

A solid share of residents have a four-year degree: 36.2% of adults hold a bachelor's degree or higher, the median age is 44.1, and the average commute is 29 minutes. To put 62298 in local context, 4 ZIP codes within roughly 10 miles appear further down this page alongside 5 additional ZIPs in Monroe County, for a geography-aware comparison.

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 62298

Top 5 sectors by establishment count in Waterloo, IL

Which industries have the most business establishments in ZIP 62298.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 62298, Waterloo, 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

16,609

Population

373.2

Area (sq mi)

45

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 62298?

44.1

Median Age

50.0%

Male

50.0%

Female

1.8%

Foreign-Born

White 96.0%
African American 0.6%
Asian 1.1%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.7%
Hispanic or Latino 1.3%

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?

$101,155

Median Household Income

+26% vs state

$48,901

Per Capita Income

4.9%

Poverty Rate

2.0%

Unemployment Rate

29.4 min

Mean Commute Time

How ZIP 62298 ranks nationally

Waterloo, IL household income vs. every US ZIP code

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

$101,155 Top 18% higher than 82% 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 62.0%
Bachelor's Degree or Higher 36.2%

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

What does housing look like?

7,712

Total Housing Units

7,213

Occupied Units

499

Vacant Units

2.49

Avg Household Size

Occupancy Type

Owner 85.3%
Renter 14.7%

$290,200

Median Home Value

+51% vs state

$890

Median Rent

1991

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

+8.0%

YoY Change (2024)

202

HPI Index (2000 = 100)

+102%

Total Change Since 2000

Home values in ZIP 62298 have increased 8.0% over the past year (2024). Since 2000, this ZIP has seen +102% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.1% 144
2021 +7.9% 156
2022 +12.5% 175
2023 +6.7% 187
2024 +8.0% 202

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 410 business establishments in ZIP 62298, employing approximately 3,660 people with a combined annual payroll of $138,883,000.

410

Businesses

3,660

Employees

$138.9M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 53 12.9%
Health care and social assistance 49 11.9%
Retail trade 48 11.7%
Construction 47 11.5%
Accommodation and food services 46 11.2%
Professional, scientific, and technical services 38 9.3%
Finance and insurance 34 8.3%
Administrative and support and waste management and remediation services 23 5.6%
Arts, entertainment, and recreation 16 3.9%
Real estate and rental and leasing 13 3.2%
Manufacturing 9 2.2%
Transportation and warehousing 9 2.2%
Information 9 2.2%
Wholesale trade 8 1.9%
Educational services 4 1.0%

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 62298 vs 62244 →

ZIP 62298 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 62298 ranks the most populous - useful context the national average alone can't give.

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

ZIP 62298 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 62298 ranks #4 of 5 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
62244 Fults, IL 1,156 9.0 mi
62236 Columbia, IL 12,562 9.4 mi
62260 Millstadt, IL 7,290 10.7 mi
62285 Smithton, IL 4,484 9.5 mi

More ZIP Codes in Monroe County

62236 standard
Columbia, IL
Pop: 12,562
62295 standard
Valmeyer, IL
Pop: 1,599
62244 standard
Fults, IL
Pop: 1,156
62248 standard
Hecker, IL
Pop: 320
62279 standard
Renault, IL
Pop: 69

Related Areas

Monroe County Waterloo, IL Illinois

Frequently Asked Questions

What county is ZIP code 62298 in? ▼
ZIP code 62298 (Waterloo) is located in Monroe County, Illinois. Monroe County contains multiple ZIP codes, see the full list at /counties/monroe-il.
What is the population of ZIP code 62298? ▼
ZIP code 62298 in Waterloo, IL has a population of 16,609 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62298? ▼
The median household income in ZIP 62298 is $101,155, which is 33% above the national average of $76,288.
What is the average home value in ZIP 62298? ▼
The median home value in ZIP 62298 is $290,200, which is 4% above the national average of $278,155.
What is the demographic makeup of ZIP 62298? ▼
The largest racial group in ZIP 62298 is White at 96.0%. Hispanic or Latino residents make up 1.3% of the population.
How many businesses are in ZIP code 62298? ▼
ZIP code 62298 has 410 business establishments employing approximately 3,660 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 62298? ▼
The top industries by establishment count in ZIP 62298 are: Other services (except public administration) (53), Health care and social assistance (49), Retail trade (48). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 62298? ▼
According to the FHFA House Price Index, home values in ZIP 62298 increased by 8.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 102%. 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 62298? ▼
In ZIP code 62298, 62.0% of residents aged 25+ have a high school diploma or higher, and 36.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 62298? ▼
The mean commute time for workers in ZIP code 62298 is 29.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 62298? ▼
In ZIP code 62298, approximately 85.3% of occupied housing units are owner-occupied and 14.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62298? ▼
The poverty rate in ZIP code 62298 is 4.9% 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.