Springfield, IL · standard

ZIP Code 62704

Sangamon County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

39,831
1,274/sq mi
$69,976
Median income
$172,600
Median home value
44.0%
Bachelor's or higher

The verdict

Springfield pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.

47th pct
household income, US ZIPs
35th pct
home value, US ZIPs
1,274
people per sq mi
62%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62704 against every reporting US ZIP.

ZIP code 62704 is a densely settled ZIP (a standard USPS delivery area) in Springfield, Sangamon County, Illinois, with 39,831 residents across 31.3 square miles, a density of 1,274 people per square mile, in the Chicago time zone.

ZIP 62704 reports a modest median household income of $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%. Housing costs here run $172,600 for a typical home value (10% below the state average), with rent averaging $980 a month; 62.0% of homes are owner-occupied.

A solid share of residents have a four-year degree: 44.0% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 17 minutes. To put 62704 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Sangamon County, for a geography-aware comparison.

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 62704

Top 5 sectors by establishment count in Springfield, IL

Which industries have the most business establishments in ZIP 62704.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 62704, 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

39,831

Population

31.3

Area (sq mi)

1,274

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 62704?

40.2

Median Age

47.8%

Male

52.2%

Female

5.1%

Foreign-Born

White 72.6%
African American 15.8%
Asian 3.6%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.7%
Hispanic or Latino 3.8%

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

How ZIP 62704 ranks nationally

Springfield, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$69,976 47th percentile higher than 47% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 67.2%
Bachelor's Degree or Higher 44.0%

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

Owner 62.0%
Renter 38.0%

$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)

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 62704 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 62704 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 62704 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 62704 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

Frequently Asked Questions

What county is ZIP code 62704 in?
ZIP code 62704 (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 62704?
ZIP code 62704 in Springfield, IL has a population of 39,831 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62704?
The median household income in ZIP 62704 is $69,976, which is 8% below the national average of $76,288.
What is the average home value in ZIP 62704?
The median home value in ZIP 62704 is $172,600, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 62704?
The largest racial group in ZIP 62704 is White at 72.6%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 62704?
ZIP code 62704 has 1,329 business establishments employing approximately 19,334 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 62704?
The top industries by establishment count in ZIP 62704 are: Retail trade (242), Professional, scientific, and technical services (178), Health care and social assistance (175). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 62704?
According to the FHFA House Price Index, home values in ZIP 62704 increased by 4.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 68%. 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 62704?
In ZIP code 62704, 67.2% of residents aged 25+ have a high school diploma or higher, and 44.0% 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 62704?
The mean commute time for workers in ZIP code 62704 is 16.7 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 62704?
In ZIP code 62704, approximately 62.0% of occupied housing units are owner-occupied and 38.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62704?
The poverty rate in ZIP code 62704 is 13.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.