ZIP Code 62707
standardSource:
Springfield · Sangamon County · Illinois
- Population
- 7,648
- Median income
- $89,926
- Median home value
- $174,600
- Bachelor's or higher
- 29.4%
- Land area
- 111.2 sq mi
69/sq mi
▲ 18% vs US
higher than 73% of US ZIPs
▼ 37% vs US
higher than 36% of US ZIPs
Median age 44.9
Chicago
ZIP code 62707 in Springfield, Illinois has a population of 7,648. The median household income is $89,926, which is 18% above the national average. Median home value is $174,600, 37% below the US average. 29.4% of residents hold a bachelor's degree or higher.
ZIP code 62707 is classified by USPS as a standard delivery area and covers roughly 111.2 square miles in Springfield, Sangamon County, Illinois. The area is home to 7,648 residents, producing a population density of 69 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 62707 against Illinois and the nation.
On the economic side, the median household income for ZIP 62707 sits at $89,926 (12% above the Illinois average), while per-capita income is $45,656. The poverty rate stands at 9.1% and the unemployment rate at 4.4%. On housing, the median home value is $174,600 (9% below the state average) with median rent at $953 per month, and 87.1% of occupied units are owner-occupied, a direct signal of whether 62707 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 29.4% of adults hold a bachelor's degree or higher, the median age is 44.9, and the average commute is 18 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Sangamon County, so you can benchmark 62707 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 62707
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 62707.
- Construction
Construction
37 establishments
- Other services (except public administration)
Other services (except public administration)
30 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
28 establishments
- Retail trade
Retail trade
26 establishments
- Wholesale trade
Wholesale trade
25 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 62707, 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
7,648
Population
111.2
Area (sq mi)
69
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62707?
44.9
Median Age
51.1%
Male
48.9%
Female
2.1%
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?
$89,926
Median Household Income
+12% vs state
$45,656
Per Capita Income
9.1%
Poverty Rate
4.4%
Unemployment Rate
18.2 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?
3,449
Total Housing Units
3,195
Occupied Units
254
Vacant Units
2.31
Avg Household Size
Occupancy Type
$174,600
Median Home Value
-9% vs state
$953
Median Rent
1980
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
+11.7%
YoY Change (2024)
182
HPI Index (2000 = 100)
+82%
Total Change Since 2000
Home values in ZIP 62707 have increased 11.7% over the past year (2024). Since 2000, this ZIP has seen +82% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.4% | 140 |
| 2021 | +3.8% | 145 |
| 2022 | +6.2% | 154 |
| 2023 | +6.0% | 163 |
| 2024 | +11.7% | 182 |
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 231 business establishments in ZIP 62707, employing approximately 5,048 people with a combined annual payroll of $317,859,000.
231
Businesses
5,048
Employees
$317.9M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 37 | 16.0% |
| Other services (except public administration) | 30 | 13.0% |
| Administrative and support and waste management and remediation services | 28 | 12.1% |
| Retail trade | 26 | 11.3% |
| Wholesale trade | 25 | 10.8% |
| Professional, scientific, and technical services | 16 | 6.9% |
| Accommodation and food services | 16 | 6.9% |
| Real estate and rental and leasing | 12 | 5.2% |
| Transportation and warehousing | 9 | 3.9% |
| Finance and insurance | 7 | 3.0% |
| Arts, entertainment, and recreation | 7 | 3.0% |
| Information | 6 | 2.6% |
| Manufacturing | 5 | 2.2% |
| Management of companies and enterprises | 3 | 1.3% |
| Health care and social assistance | 3 | 1.3% |
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 62707 vs 62702 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 62702 | Springfield, IL | 37,281 | 2.2 mi |
| 62701 | Springfield, IL | 1,152 | 3.7 mi |
| 62625 | Cantrall, IL | 855 | 4.4 mi |
| 62704 | Springfield, IL | 39,831 | 5.8 mi |
| 62703 | Springfield, IL | 30,333 | 6.5 mi |
| 62684 | Sherman, IL | 5,111 | 5.2 mi |
| 62613 | Athens, IL | 3,872 | 9.5 mi |
| 62561 | Riverton, IL | 5,315 | 7.8 mi |
| 62711 | Springfield, IL | 15,347 | 7.3 mi |
| 62712 | Springfield, IL | 10,302 | 8.0 mi |
More ZIP Codes in Sangamon County
Related Areas
Frequently Asked Questions
What county is ZIP code 62707 in? ▼
What is the population of ZIP code 62707? ▼
What is the median household income in ZIP 62707? ▼
What is the average home value in ZIP 62707? ▼
What is the demographic makeup of ZIP 62707? ▼
How many businesses are in ZIP code 62707? ▼
What are the main industries in ZIP code 62707? ▼
How have home values changed in ZIP code 62707? ▼
What is the education level in ZIP code 62707? ▼
What is the average commute time in ZIP 62707? ▼
What percentage of residents own vs. rent in ZIP 62707? ▼
What is the poverty rate in ZIP code 62707? ▼
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.