ZIP Code 62473

standard

Source:

Watson · Effingham County · Illinois

Population
1,422

25/sq mi

Median income
$74,700

▼ 2% vs US

higher than 54% of US ZIPs

Median home value
$104,800

▼ 62% vs US

higher than 11% of US ZIPs

Bachelor's or higher
18.2%

Median age 44.4

Land area
57.3 sq mi

Chicago

ZIP code 62473 in Watson, Illinois has a population of 1,422. The median household income is $74,700, which is 2% below the national average. Median home value is $104,800, 62% below the US average. 18.2% of residents hold a bachelor's degree or higher.

ZIP code 62473 is classified by USPS as a standard delivery area and covers roughly 57.3 square miles in Watson, Effingham County, Illinois. The area is home to 1,422 residents, producing a population density of 25 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 62473 against Illinois and the nation.

On the economic side, the median household income for ZIP 62473 sits at $74,700 (7% below the Illinois average), while per-capita income is $39,931. The poverty rate stands at 8.8% and the unemployment rate at 0.7%. On housing, the median home value is $104,800 (45% below the state average) with median rent at $629 per month, and 81.0% of occupied units are owner-occupied, a direct signal of whether 62473 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 18.2% of adults hold a bachelor's degree or higher, the median age is 44.4, and the average commute is . We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Effingham County, so you can benchmark 62473 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 62473, Watson, 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

1,422

Population

57.3

Area (sq mi)

25

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 62473?

44.4

Median Age

53.0%

Male

47.0%

Female

0.6%

Foreign-Born

White 95.1%
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 4.9%
Hispanic or Latino 3.3%

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?

$74,700

Median Household Income

-7% vs state

$39,931

Per Capita Income

8.8%

Poverty Rate

0.7%

Unemployment Rate

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

What is the education profile here?

High School Graduate or Higher 56.8%
Bachelor's Degree or Higher 18.2%

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

What does housing look like?

520

Total Housing Units

520

Occupied Units

0

Vacant Units

2.43

Avg Household Size

Occupancy Type

Owner 81.0%
Renter 19.0%

$104,800

Median Home Value

-45% vs state

$629

Median Rent

1980

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 14 business establishments in ZIP 62473, employing approximately 53 people with a combined annual payroll of $3,055,000.

14

Businesses

53

Employees

$3.1M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Construction 3 21.4%
Accommodation and food services 3 21.4%

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 62473 vs 62401 →

ZIP Code City Population Distance
62401 Effingham, IL 19,096 6.9 mi
62443 Mason, IL 1,623 5.7 mi
62424 Dieterich, IL 2,092 8.0 mi
62426 Edgewood, IL 1,085 9.8 mi
62467 Teutopolis, IL 3,741 10.4 mi

More ZIP Codes in Effingham County

Frequently Asked Questions

What county is ZIP code 62473 in?
ZIP code 62473 (Watson) is located in Effingham County, Illinois. Effingham County contains multiple ZIP codes, see the full list at /counties/effingham-il.
What is the population of ZIP code 62473?
ZIP code 62473 in Watson, IL has a population of 1,422 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62473?
The median household income in ZIP 62473 is $74,700, which is 2% below the national average of $76,288.
What is the average home value in ZIP 62473?
The median home value in ZIP 62473 is $104,800, which is 62% below the national average of $278,155.
What is the demographic makeup of ZIP 62473?
The largest racial group in ZIP 62473 is White at 95.1%. Hispanic or Latino residents make up 3.3% of the population.
How many businesses are in ZIP code 62473?
ZIP code 62473 has 14 business establishments employing approximately 53 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 62473?
In ZIP code 62473, 56.8% of residents aged 25+ have a high school diploma or higher, and 18.2% 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 62473?
In ZIP code 62473, approximately 81.0% of occupied housing units are owner-occupied and 19.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62473?
The poverty rate in ZIP code 62473 is 8.8% 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 Watson, IL

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

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.