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
Who lives in ZIP 62556?
50.5
Median Age
57.0%
Male
43.0%
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?
$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
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?
186
Total Housing Units
158
Occupied Units
28
Vacant Units
2.34
Avg Household Size
Occupancy Type
$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.
- 62568
Taylorville (62568)
16,355 residents
- 62546 1,630
Morrisonville (62546)
1,630 residents
- 62540 1,492
Kincaid (62540)
1,492 residents
- 62570 512
Tovey (62570)
512 residents
- 62556 422
Palmer (62556)
422 residents
- 62538 378
Harvel (62538)
378 residents
- 62517 226
Bulpitt (62517)
226 residents
What this shows Among its immediate neighbors, ZIP 62556 ranks #5 by population — useful context the national average alone can't give.
ZIP 62556 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62546
Morrisonville (62546)
$89,821 median income
- 62570
Tovey (62570)
$89,000 median income
- 62538
Harvel (62538)
$85,563 median income
- 62517
Bulpitt (62517)
$75,000 median income
- 62540
Kincaid (62540)
$70,179 median income
- 62568
Taylorville (62568)
$62,718 median income
- 62556
Palmer (62556)
$55,694 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.
More ZIP Codes in Christian County
Related Areas
Frequently Asked Questions
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ZIP Code Research Guides
Official Data Resources for Palmer, 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.