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

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 62438?

54.5

Median Age

54.6%

Male

45.4%

Female

0.0%

Foreign-Born

White 100.0%
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 0.0%
Hispanic or Latino 0.0%

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

$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 73.4%
Bachelor's Degree or Higher 39.7%

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

Owner 90.0%
Renter 10.0%

$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.

residents

What this shows Among its immediate neighbors, ZIP 62438 ranks #5 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 62438 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 62438 ranks #3 of 6 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
62422 Cowden, IL 1,156 5.7 mi
62571 Tower Hill, IL 1,532 6.4 mi
62565 Shelbyville, IL 7,538 7.1 mi
62444 Mode, IL 387 7.6 mi
62431 Herrick, IL 1,232 9.1 mi

More ZIP Codes in Shelby County

Frequently Asked Questions

What county is ZIP code 62438 in?
ZIP code 62438 (Lakewood) is located in Shelby County, Illinois. Shelby County contains multiple ZIP codes, see the full list at /counties/shelby-il.
What is the population of ZIP code 62438?
ZIP code 62438 in Lakewood, IL has a population of 433 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62438?
The median household income in ZIP 62438 is $71,786, which is 6% below the national average of $76,288.
What is the average home value in ZIP 62438?
The median home value in ZIP 62438 is $218,400, which is 21% below the national average of $278,155.
What is the demographic makeup of ZIP 62438?
The largest racial group in ZIP 62438 is White at 100.0%.
What is the education level in ZIP code 62438?
In ZIP code 62438, 73.4% of residents aged 25+ have a high school diploma or higher, and 39.7% 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 62438?
In ZIP code 62438, approximately 90.0% of occupied housing units are owner-occupied and 10.0% are renter-occupied, based on Census ACS 2023 data.

ZIP Code Research Guides

Official Data Resources for Lakewood, IL

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