ZIP Code 62702
standardSource:
Springfield · Sangamon County · Illinois
- Population
- 37,281
- Median income
- $51,136
- Median home value
- $103,500
- Bachelor's or higher
- 18.8%
- Land area
- 39.9 sq mi
934/sq mi
▼ 33% vs US
higher than 16% of US ZIPs
▼ 63% vs US
higher than 11% of US ZIPs
Median age 40
Chicago
ZIP code 62702 in Springfield, Illinois has a population of 37,281. The median household income is $51,136, which is 33% below the national average. Median home value is $103,500, 63% below the US average. 18.8% of residents hold a bachelor's degree or higher.
ZIP code 62702 is classified by USPS as a standard delivery area and covers roughly 39.9 square miles in Springfield, Sangamon County, Illinois. The area is home to 37,281 residents, producing a population density of 934 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 62702 against Illinois and the nation.
On the economic side, the median household income for ZIP 62702 sits at $51,136 (36% below the Illinois average), while per-capita income is $30,900. The poverty rate stands at 23.1% and the unemployment rate at 8.4%. On housing, the median home value is $103,500 (46% below the state average) with median rent at $884 per month, and 64.3% of occupied units are owner-occupied, a direct signal of whether 62702 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 18.8% of adults hold a bachelor's degree or higher, the median age is 40, and the average commute is 17 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Sangamon County, so you can benchmark 62702 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 →
Top industries in ZIP 62702
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$30,900
Per Capita Income
23.1%
Poverty Rate
8.4%
Unemployment Rate
16.5 min
Mean Commute Time
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?
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
$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 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 |
More ZIP Codes in Sangamon County
Related Areas
Frequently Asked Questions
What county is ZIP code 62702 in? ▼
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What is the median household income in ZIP 62702? ▼
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What is the demographic makeup of ZIP 62702? ▼
How many businesses are in ZIP code 62702? ▼
What are the main industries in ZIP code 62702? ▼
How have home values changed in ZIP code 62702? ▼
What is the education level in ZIP code 62702? ▼
What is the average commute time in ZIP 62702? ▼
What percentage of residents own vs. rent in ZIP 62702? ▼
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ZIP Code Research Guides
Official Data Resources for Springfield, 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.
Read our methodology , how this data is sourced, computed, and verified.