Springfield, IL · standard
ZIP Code 62702
Sangamon County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 37,281
- 934/sq mi High-density area
- $51,136
- Median income Below-median income area
- $103,500
- Median home value Below-median home value
- 18.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Springfield pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a low-density, homeowner-dominated area.
- 16th pct
- household income, US ZIPs
- 11th pct
- home value, US ZIPs
- 934
- people per sq mi
- 64%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62702 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 62702 (Springfield, IL) rose +12.1% from 2023 to 2024. The all-transactions index moved from 161.2 in 2023 to 180.7 in 2024 (2000 = 100).
ZIP code 62702 is a densely settled ZIP (a standard USPS delivery area) in Springfield, Sangamon County, Illinois, with 37,281 residents across 39.9 square miles, a density of 934 people per square mile, in the Chicago time zone.
ZIP 62702 reports a modest median household income of $51,136 (36% below the average Illinois ZIP), while per-capita income is $30,900. The poverty rate is 23.1%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $103,500 (46% below the average Illinois ZIP), and median rent is $884; owner occupancy is 64.3%.
Educational attainment sits below the national norm: 18.8% of adults hold a bachelor's degree or higher, the median age is 40, and the average commute is 17 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Sangamon County, so 62702 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 →
Top industries in ZIP 62702
Top 5 sectors by establishment count in Springfield, IL
Which industries have the most business establishments in ZIP 62702.
- Retail trade
Retail trade
133 establishments
- Accommodation and food services
Accommodation and food services
106 establishments
- Other services (except public administration)
Other services (except public administration)
96 establishments
- Construction
Construction
69 establishments
- Health care and social assistance
Health care and social assistance
66 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
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 62702, Springfield, 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
37,281
Population
39.9
Area (sq mi)
934
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62702?
40.0
Median Age
48.6%
Male
51.4%
Female
2.3%
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?
$51,136
Median Household Income
-36% vs state ZIP avg
$30,900
Per Capita Income
23.1%
Poverty Rate
8.4%
Unemployment Rate
16.5 min
Mean Commute Time
How ZIP 62702 ranks nationally
Springfield, IL household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$51,136 16th percentile higher than 16% 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?
Housing stock: occupied vs vacant
17,011housing units
17,011
Total Housing Units
14,669
Occupied Units
2,342
Vacant Units
2.09
Avg Household Size
Occupancy Type
$103,500
Median Home Value
-46% vs state ZIP avg
$884
Median Rent
1964
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
+12.1%
YoY Change (2024)
181
HPI Index (2000 = 100)
+81%
Total Change Since 2000
Home values in ZIP 62702 have increased 12.1% over the past year (2024). Since 2000, this ZIP has seen +81% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.4% | 127 |
| 2021 | +5.7% | 134 |
| 2022 | +12.0% | 151 |
| 2023 | +7.0% | 161 |
| 2024 | +12.1% | 181 |
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 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 653 business establishments in ZIP 62702, employing approximately 11,909 people with a combined annual payroll of $557,237,000.
653
Businesses
11,909
Employees
$557.2M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 133 | 20.4% |
| Accommodation and food services | 106 | 16.2% |
| Other services (except public administration) | 96 | 14.7% |
| Construction | 69 | 10.6% |
| Health care and social assistance | 66 | 10.1% |
| Finance and insurance | 29 | 4.4% |
| Administrative and support and waste management and remediation services | 26 | 4.0% |
| Professional, scientific, and technical services | 23 | 3.5% |
| Wholesale trade | 22 | 3.4% |
| Arts, entertainment, and recreation | 20 | 3.1% |
| Manufacturing | 17 | 2.6% |
| Real estate and rental and leasing | 15 | 2.3% |
| Information | 10 | 1.5% |
| Educational services | 10 | 1.5% |
| Transportation and warehousing | 6 | 0.9% |
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 62702 vs 62701 →
ZIP 62702 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62704
Springfield (62704)
39,831 residents
- 62702
Springfield (62702)
37,281 residents
- 62703
Springfield (62703)
30,333 residents
- 62711 15,347
Springfield (62711)
15,347 residents
- 62629 12,949
Chatham (62629)
12,949 residents
- 62712 10,302
Springfield (62712)
10,302 residents
- 62707 7,648
Springfield (62707)
7,648 residents
- 62561 5,315
Riverton (62561)
5,315 residents
- 62684 5,111
Sherman (62684)
5,111 residents
What this shows Among its immediate neighbors, ZIP 62702 ranks #2 by population - useful context the national average alone can't give.
ZIP 62702 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62625
Cantrall (62625)
$167,674 median income
- 62684
Sherman (62684)
$139,196 median income
- 62711
Springfield (62711)
$124,816 median income
- 62712
Springfield (62712)
$110,179 median income
- 62629
Chatham (62629)
$107,250 median income
- 62707
Springfield (62707)
$89,926 median income
- 62561
Riverton (62561)
$81,646 median income
- 62704
Springfield (62704)
$69,976 median income
- 62702 $51,136
Springfield (62702)
$51,136 median income
What this shows By household income, ZIP 62702 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 62701 | Springfield, IL | 1,152 | 1.6 mi |
| 62707 | Springfield, IL | 7,648 | 2.2 mi |
| 62703 | Springfield, IL | 30,333 | 4.3 mi |
| 62704 | Springfield, IL | 39,831 | 4.2 mi |
| 62712 | Springfield, IL | 10,302 | 5.9 mi |
| 62684 | Sherman, IL | 5,111 | 6.6 mi |
| 62625 | Cantrall, IL | 855 | 6.6 mi |
| 62711 | Springfield, IL | 15,347 | 6.2 mi |
| 62561 | Riverton, IL | 5,315 | 7.6 mi |
| 62629 | Chatham, IL | 12,949 | 10.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 62702, 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 (37,281 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Sangamon County
Related Areas
Frequently Asked Questions
What county is ZIP code 62702 in?
ZIP code 62702 (Springfield) is located in Sangamon County, Illinois. Sangamon County contains multiple ZIP codes, see the full list at /counties/sangamon-il.
What is the population of ZIP code 62702?
ZIP code 62702 in Springfield, IL has a population of 37,281 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62702?
The median household income in ZIP 62702 is $51,136, which is 33% below the national average of $76,288.
What is the average home value in ZIP 62702?
The median home value in ZIP 62702 is $103,500, which is 63% below the national average of $278,155.
What is the demographic makeup of ZIP 62702?
The largest racial group in ZIP 62702 is White at 73.2%. Hispanic or Latino residents make up 2.7% of the population.
How many businesses are in ZIP code 62702?
ZIP code 62702 has 653 business establishments employing approximately 11,909 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 62702?
The top industries by establishment count in ZIP 62702 are: Retail trade (133), Accommodation and food services (106), Other services (except public administration) (96). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 62702?
According to the FHFA House Price Index, home values in ZIP 62702 increased by 12.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 81%. 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 62702?
In ZIP code 62702, 56.1% of residents aged 25+ have a high school diploma or higher, and 18.8% 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 62702?
The mean commute time for workers in ZIP code 62702 is 16.5 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 62702?
In ZIP code 62702, approximately 64.3% of occupied housing units are owner-occupied and 35.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62702?
The poverty rate in ZIP code 62702 is 23.1% 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 62702's numbers, next.
- See how ZIP 62702 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Springfield, 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.