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
- $51,136
- Median income
- $103,500
- Median home value
- 18.8%
- Bachelor's or higher
The verdict
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.
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 Illinois average), while per-capita income is $30,900. The poverty rate stands at 23.1% and the unemployment rate at 8.4%. The typical home here is valued at $103,500 (46% below the state average); renters pay a median of $884 monthly, and 64.3% of units are owner-occupied.
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. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Sangamon County, letting you compare 62702 to its immediate surroundings rather than a national baseline alone.
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
$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?
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 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 |
More ZIP Codes in Sangamon County
Related Areas
Frequently Asked Questions
What county is ZIP code 62702 in? ▼
What is the population of ZIP code 62702? ▼
What is the median household income in ZIP 62702? ▼
What is the average home value in ZIP 62702? ▼
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? ▼
What is the poverty rate in ZIP code 62702? ▼
Read our methodology to see how this data is sourced, computed, and verified.