Franklin, IL · standard
ZIP Code 62638
Morgan County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,337
- 8/sq mi Low-density area
- $86,538
- Median income Above-median income area
- $130,100
- Median home value Below-median home value
- 15.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Franklin pairs an above-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- Top 30%
- household income, US ZIPs
- 20th pct
- home value, US ZIPs
- 8
- people per sq mi
- 75%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62638 against every reporting US ZIP.
ZIP code 62638 is a sparsely populated ZIP (a standard USPS delivery area) in Franklin, Morgan County, Illinois, home to just 1,337 residents across 175.9 square miles, a density of 8 people per square mile, in the Chicago time zone.
ZIP 62638 lands in the middle-income range, with a median household income of $86,538 (8% above the average Illinois ZIP), while per-capita income is $48,124. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.5% and unemployment is 2.6%. Home values sit below the statewide ZIP benchmark: the median is $130,100 (32% below the average Illinois ZIP), and median rent is $971; owner occupancy is 75.1%.
Educational attainment sits below the national norm: 15.5% of adults hold a bachelor's degree or higher, the median age is 45.7, and the average commute is 26 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Morgan County, so 62638 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 62638, Franklin, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
1,337
Population
175.9
Area (sq mi)
8
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62638?
45.7
Median Age
50.6%
Male
49.4%
Female
1.3%
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?
$86,538
Median Household Income
+8% vs state ZIP avg
$48,124
Per Capita Income
4.5%
Poverty Rate
2.6%
Unemployment Rate
25.5 min
Mean Commute Time
How ZIP 62638 ranks among Illinois ZIPs
Franklin, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$86,538 Top 32% higher than 68% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois 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?
Housing stock: occupied vs vacant
577housing units
577
Total Housing Units
526
Occupied Units
51
Vacant Units
2.82
Avg Household Size
Occupancy Type
$130,100
Median Home Value
-32% vs state ZIP avg
$971
Median Rent
1970
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+14.9%
YoY Change (2021)
179
HPI Index (2000 = 100)
+79%
Total Change Since 2000
Home values in ZIP 62638 have increased 14.9% over the past year (2021). Since 2000, this ZIP has seen +79% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2017 | +3.0% | 150 |
| 2018 | +4.0% | 156 |
| 2019 | -4.3% | 149 |
| 2020 | +4.5% | 156 |
| 2021 | +14.9% | 179 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2021. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 19 business establishments in ZIP 62638, employing approximately 110 people with a combined annual payroll of $3,943,000.
19
Businesses
110
Employees
$3.9M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Wholesale trade | 4 | 21.1% |
| Transportation and warehousing | 3 | 15.8% |
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 62638 vs 62695 →
ZIP 62638 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62650
Jacksonville (62650)
26,992 residents
- 62692 2,093
Waverly (62692)
2,093 residents
- 62638 1,337
Franklin (62638)
1,337 residents
- 62667 464
Modesto (62667)
464 residents
- 62601 434
Alexander (62601)
434 residents
- 62695 296
Woodson (62695)
296 residents
What this shows Among its immediate neighbors, ZIP 62638 ranks #3 by population - useful context the national average alone can't give.
ZIP 62638 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62601
Alexander (62601)
$109,500 median income
- 62638
Franklin (62638)
$86,538 median income
- 62692
Waverly (62692)
$66,143 median income
- 62695
Woodson (62695)
$65,972 median income
- 62650
Jacksonville (62650)
$65,762 median income
- 62667
Modesto (62667)
$63,088 median income
What this shows By household income, ZIP 62638 ranks #2 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 62638, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (1,337 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Morgan County
Related Areas
Frequently Asked Questions
What county is ZIP code 62638 in?
ZIP code 62638 (Franklin) is located in Morgan County, Illinois. Morgan County contains multiple ZIP codes, see the full list at /counties/morgan-il.
What is the population of ZIP code 62638?
ZIP code 62638 in Franklin, IL has a population of 1,337 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62638?
The median household income in ZIP 62638 is $86,538, which is 13% above the national average of $76,288.
What is the average home value in ZIP 62638?
The median home value in ZIP 62638 is $130,100, which is 53% below the national average of $278,155.
What is the demographic makeup of ZIP 62638?
The largest racial group in ZIP 62638 is White at 98.8%. Hispanic or Latino residents make up 0.8% of the population.
How many businesses are in ZIP code 62638?
ZIP code 62638 has 19 business establishments employing approximately 110 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 62638?
According to the FHFA House Price Index, home values in ZIP 62638 increased by 14.9% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 79%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 62638?
In ZIP code 62638, 70.5% of residents aged 25+ have a high school diploma or higher, and 15.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 62638?
The mean commute time for workers in ZIP code 62638 is 25.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 62638?
In ZIP code 62638, approximately 75.1% of occupied housing units are owner-occupied and 24.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62638?
The poverty rate in ZIP code 62638 is 4.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 62638's numbers, next.
- See how ZIP 62638 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Franklin, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.