Lakewood, IL · standard
ZIP Code 62438
Shelby County, Illinois — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 433
- 6/sq mi
- $71,786
- Median income
- $218,400
- Median home value
- 39.7%
- Bachelor's or higher
The verdict
Lakewood pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 50%
- household income, US ZIPs
- 49th pct
- home value, US ZIPs
- 6
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62438 against every reporting US ZIP.
ZIP code 62438 is classified by USPS as a standard delivery area and covers roughly 68.7 square miles in Lakewood, Shelby County, Illinois. The area is home to 433 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 62438 against Illinois and the nation.
On the economic side, the median household income for ZIP 62438 sits at $71,786 (10% below the Illinois average), while per-capita income is $43,171. The poverty rate stands at 0.0% and the unemployment rate at 0.0%. On housing, the median home value is $218,400 (14% above the state average) with median rent at — per month, and 90.0% of occupied units are owner-occupied, a direct signal of whether 62438 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 39.7% of adults hold a bachelor's degree or higher, the median age is 54.5, and the average commute is —. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 62438 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 62438, Lakewood, 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
433
Population
68.7
Area (sq mi)
6
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62438?
54.5
Median Age
54.6%
Male
45.4%
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?
$71,786
Median Household Income
-10% vs state
$43,171
Per Capita Income
0.0%
Poverty Rate
0.0%
Unemployment Rate
How ZIP 62438 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$71,786 Top 50% higher than 50% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
130
Total Housing Units
130
Occupied Units
0
Vacant Units
1.83
Avg Household Size
Occupancy Type
$218,400
Median Home Value
+14% vs state
1981
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Nearby ZIP Codes
Want a side-by-side? Compare 62438 vs 62422 →
ZIP 62438 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62565
Shelbyville (62565)
7,538 residents
- 62571 1,532
Tower Hill (62571)
1,532 residents
- 62431 1,232
Herrick (62431)
1,232 residents
- 62422 1,156
Cowden (62422)
1,156 residents
- 62438 433
Lakewood (62438)
433 residents
- 62444 387
Mode (62444)
387 residents
What this shows Among its immediate neighbors, ZIP 62438 ranks #5 by population — useful context the national average alone can't give.
ZIP 62438 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62571
Tower Hill (62571)
$79,390 median income
- 62422
Cowden (62422)
$75,074 median income
- 62438
Lakewood (62438)
$71,786 median income
- 62565
Shelbyville (62565)
$66,498 median income
- 62431
Herrick (62431)
$64,904 median income
- 62444
Mode (62444)
$62,358 median income
What this shows By household income, ZIP 62438 ranks #3 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Shelby County
Related Areas
Frequently Asked Questions
What county is ZIP code 62438 in? ▼
What is the population of ZIP code 62438? ▼
What is the median household income in ZIP 62438? ▼
What is the average home value in ZIP 62438? ▼
What is the demographic makeup of ZIP 62438? ▼
What is the education level in ZIP code 62438? ▼
What percentage of residents own vs. rent in ZIP 62438? ▼
ZIP Code Research Guides
Official Data Resources for Lakewood, IL
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.