Palmer, IL · standard

ZIP Code 62556

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

422
8/sq mi
$55,694
Median income
$102,000
Median home value
10.8%
Bachelor's or higher

The verdict

Palmer pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

22th pct
household income, US ZIPs
10th pct
home value, US ZIPs
8
people per sq mi
89%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62556 against every reporting US ZIP.

ZIP code 62556 is classified by USPS as a standard delivery area and covers roughly 55.5 square miles in Palmer, Christian County, Illinois. The area is home to 422 residents, producing a population density of 8 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 62556 against Illinois and the nation.

On the economic side, the median household income for ZIP 62556 sits at $55,694 (30% below the Illinois average), while per-capita income is $28,619. The poverty rate stands at 7.3% and the unemployment rate at 0.6%. On housing, the median home value is $102,000 (47% below the state average) with median rent at $720 per month, and 89.2% of occupied units are owner-occupied, a direct signal of whether 62556 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 10.8% of adults hold a bachelor's degree or higher, the median age is 50.5, and the average commute is . We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Christian County, so you can benchmark 62556 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 62556, Palmer, 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

422

Population

55.5

Area (sq mi)

8

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 62556?

50.5

Median Age

57.0%

Male

43.0%

Female

0.0%

Foreign-Born

White 99.7%
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 0.3%
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?

$55,694

Median Household Income

-30% vs state

$28,619

Per Capita Income

7.3%

Poverty Rate

0.6%

Unemployment Rate

How ZIP 62556 ranks nationally

Household income vs. every US ZIP code

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

$55,694 22nd percentile higher than 22% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 70.0%
Bachelor's Degree or Higher 10.8%

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

What does housing look like?

186

Total Housing Units

158

Occupied Units

28

Vacant Units

2.34

Avg Household Size

Occupancy Type

Owner 89.2%
Renter 10.8%

$102,000

Median Home Value

-47% vs state

$720

Median Rent

1938

Median Year Built

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

Nearby ZIP Codes

Want a side-by-side? Compare 62556 vs 62546 →

ZIP 62556 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 62556 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 62556 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 62556 ranks #7 of 7 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
62546 Morrisonville, IL 1,630 4.4 mi
62540 Kincaid, IL 1,492 8.2 mi
62568 Taylorville, IL 16,355 7.7 mi
62517 Bulpitt, IL 226 8.9 mi
62570 Tovey, IL 512 9.1 mi
62538 Harvel, IL 378 11.1 mi

More ZIP Codes in Christian County

Frequently Asked Questions

What county is ZIP code 62556 in?
ZIP code 62556 (Palmer) is located in Christian County, Illinois. Christian County contains multiple ZIP codes, see the full list at /counties/christian-il.
What is the population of ZIP code 62556?
ZIP code 62556 in Palmer, IL has a population of 422 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62556?
The median household income in ZIP 62556 is $55,694, which is 27% below the national average of $76,288.
What is the average home value in ZIP 62556?
The median home value in ZIP 62556 is $102,000, which is 63% below the national average of $278,155.
What is the demographic makeup of ZIP 62556?
The largest racial group in ZIP 62556 is White at 99.7%.
What is the education level in ZIP code 62556?
In ZIP code 62556, 70.0% of residents aged 25+ have a high school diploma or higher, and 10.8% 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 62556?
In ZIP code 62556, approximately 89.2% of occupied housing units are owner-occupied and 10.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62556?
The poverty rate in ZIP code 62556 is 7.3% 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 Palmer, IL

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