Bowen, IL · standard

ZIP Code 62316

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

660
6/sq mi
$61,094
Median income
$84,000
Median home value
14.5%
Bachelor's or higher

The verdict

Bowen pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

31th pct
household income, US ZIPs
5th pct
home value, US ZIPs
6
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62316 against every reporting US ZIP.

ZIP code 62316 is classified by USPS as a standard delivery area and covers roughly 106.5 square miles in Bowen, Hancock County, Illinois. The area is home to 660 residents, producing a population density of 6 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 62316 against Illinois and the nation.

On the economic side, the median household income for ZIP 62316 sits at $61,094 (24% below the Illinois average), while per-capita income is $27,421. The poverty rate stands at 8.5% and the unemployment rate at 5.9%. On housing, the median home value is $84,000 (56% below the state average) with median rent at $405 per month, and 79.6% of occupied units are owner-occupied, a direct signal of whether 62316 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 14.5% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 26 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hancock County, so you can benchmark 62316 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 62316, Bowen, 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

660

Population

106.5

Area (sq mi)

6

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 62316?

40.8

Median Age

48.7%

Male

51.3%

Female

0.0%

Foreign-Born

White 93.0%
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 7.0%
Hispanic or Latino 0.1%

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?

$61,094

Median Household Income

-24% vs state

$27,421

Per Capita Income

8.5%

Poverty Rate

5.9%

Unemployment Rate

25.6 min

Mean Commute Time

How ZIP 62316 ranks nationally

Household income vs. every US ZIP code

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

$61,094 31st percentile higher than 31% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 42.9%
Bachelor's Degree or Higher 14.5%

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

What does housing look like?

307

Total Housing Units

299

Occupied Units

8

Vacant Units

2.36

Avg Household Size

Occupancy Type

Owner 79.6%
Renter 20.4%

$84,000

Median Home Value

-56% vs state

$405

Median Rent

1956

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 13 business establishments in ZIP 62316, employing approximately 92 people with a combined annual payroll of $3,910,000.

13

Businesses

92

Employees

$3.9M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Wholesale trade 3 23.1%
Other services (except public administration) 3 23.1%

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 62316 vs 62339 →

ZIP 62316 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 62316 ranks #3 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 62316 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 62316 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
62339 Golden, IL 874 7.3 mi
62380 West Point, IL 401 7.2 mi
62311 Augusta, IL 860 7.3 mi
62346 La Prairie, IL 178 8.3 mi
62349 Loraine, IL 636 9.0 mi

More ZIP Codes in Hancock County

Frequently Asked Questions

What county is ZIP code 62316 in?
ZIP code 62316 (Bowen) is located in Hancock County, Illinois. Hancock County contains multiple ZIP codes, see the full list at /counties/hancock-il.
What is the population of ZIP code 62316?
ZIP code 62316 in Bowen, IL has a population of 660 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62316?
The median household income in ZIP 62316 is $61,094, which is 20% below the national average of $76,288.
What is the average home value in ZIP 62316?
The median home value in ZIP 62316 is $84,000, which is 70% below the national average of $278,155.
What is the demographic makeup of ZIP 62316?
The largest racial group in ZIP 62316 is White at 93.0%. Hispanic or Latino residents make up 0.1% of the population.
How many businesses are in ZIP code 62316?
ZIP code 62316 has 13 business establishments employing approximately 92 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 62316?
In ZIP code 62316, 42.9% of residents aged 25+ have a high school diploma or higher, and 14.5% 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 62316?
The mean commute time for workers in ZIP code 62316 is 25.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 62316?
In ZIP code 62316, approximately 79.6% of occupied housing units are owner-occupied and 20.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62316?
The poverty rate in ZIP code 62316 is 8.5% 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 Bowen, IL

Verify and explore additional data for this area using these official government sources.