ZIP Code 62704
standardSource:
Springfield · Sangamon County · Illinois
- Population
- 39,831
- Median income
- $69,976
- Median home value
- $172,600
- Bachelor's or higher
- 44.0%
- Land area
- 31.3 sq mi
1,274/sq mi
▼ 8% vs US
higher than 47% of US ZIPs
▼ 38% vs US
higher than 35% of US ZIPs
Median age 40.2
Chicago
ZIP code 62704 in Springfield, Illinois has a population of 39,831. The median household income is $69,976, which is 8% below the national average. Median home value is $172,600, 38% below the US average. 44.0% of residents hold a bachelor's degree or higher.
ZIP code 62704 is classified by USPS as a standard delivery area and covers roughly 31.3 square miles in Springfield, Sangamon County, Illinois. The area is home to 39,831 residents, producing a population density of 1,274 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 62704 against Illinois and the nation.
On the economic side, the median household income for ZIP 62704 sits at $69,976 (13% below the Illinois average), while per-capita income is $44,517. The poverty rate stands at 13.0% and the unemployment rate at 4.4%. On housing, the median home value is $172,600 (10% below the state average) with median rent at $980 per month, and 62.0% of occupied units are owner-occupied, a direct signal of whether 62704 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 44.0% of adults hold a bachelor's degree or higher, the median age is 40.2, 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 62704 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 62704
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 62704.
- Retail trade
Retail trade
242 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
178 establishments
- Health care and social assistance
Health care and social assistance
175 establishments
- Accommodation and food services
Accommodation and food services
157 establishments
- Other services (except public administration)
Other services (except public administration)
151 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 62704, 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
39,831
Population
31.3
Area (sq mi)
1,274
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62704?
40.2
Median Age
47.8%
Male
52.2%
Female
5.1%
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?
$69,976
Median Household Income
-13% vs state
$44,517
Per Capita Income
13.0%
Poverty Rate
4.4%
Unemployment Rate
16.7 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?
20,786
Total Housing Units
18,840
Occupied Units
1,946
Vacant Units
2.10
Avg Household Size
Occupancy Type
$172,600
Median Home Value
-10% vs state
$980
Median Rent
1967
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
+4.0%
YoY Change (2024)
168
HPI Index (2000 = 100)
+68%
Total Change Since 2000
Home values in ZIP 62704 have increased 4.0% over the past year (2024). Since 2000, this ZIP has seen +68% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.9% | 126 |
| 2021 | +5.3% | 132 |
| 2022 | +14.1% | 151 |
| 2023 | +7.3% | 162 |
| 2024 | +4.0% | 168 |
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 1,329 business establishments in ZIP 62704, employing approximately 19,334 people with a combined annual payroll of $929,218,000.
1,329
Businesses
19,334
Employees
$929.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 242 | 18.2% |
| Professional, scientific, and technical services | 178 | 13.4% |
| Health care and social assistance | 175 | 13.2% |
| Accommodation and food services | 157 | 11.8% |
| Other services (except public administration) | 151 | 11.4% |
| Finance and insurance | 116 | 8.7% |
| Real estate and rental and leasing | 61 | 4.6% |
| Construction | 56 | 4.2% |
| Administrative and support and waste management and remediation services | 55 | 4.1% |
| Arts, entertainment, and recreation | 34 | 2.6% |
| Information | 30 | 2.3% |
| Educational services | 19 | 1.4% |
| Wholesale trade | 18 | 1.4% |
| Transportation and warehousing | 15 | 1.1% |
| Manufacturing | 13 | 1.0% |
| Management of companies and enterprises | 6 | 0.5% |
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 62704 vs 62711 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 62711 | Springfield, IL | 15,347 | 2.4 mi |
| 62701 | Springfield, IL | 1,152 | 2.7 mi |
| 62703 | Springfield, IL | 30,333 | 3.1 mi |
| 62702 | Springfield, IL | 37,281 | 4.2 mi |
| 62707 | Springfield, IL | 7,648 | 5.8 mi |
| 62629 | Chatham, IL | 12,949 | 6.8 mi |
| 62712 | Springfield, IL | 10,302 | 5.8 mi |
| 62625 | Cantrall, IL | 855 | 9.4 mi |
| 62536 | Glenarm, IL | 912 | 10.1 mi |
| 62684 | Sherman, IL | 5,111 | 10.7 mi |
More ZIP Codes in Sangamon County
Related Areas
Frequently Asked Questions
What county is ZIP code 62704 in? ▼
What is the population of ZIP code 62704? ▼
What is the median household income in ZIP 62704? ▼
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What is the demographic makeup of ZIP 62704? ▼
How many businesses are in ZIP code 62704? ▼
What are the main industries in ZIP code 62704? ▼
How have home values changed in ZIP code 62704? ▼
What is the education level in ZIP code 62704? ▼
What is the average commute time in ZIP 62704? ▼
What percentage of residents own vs. rent in ZIP 62704? ▼
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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.