ZIP Code 62881

standard

Source:

Salem · Marion County · Illinois

Population
11,385

44/sq mi

Median income
$71,270

▼ 7% vs US

higher than 49% of US ZIPs

Median home value
$115,200

▼ 59% vs US

higher than 15% of US ZIPs

Bachelor's or higher
17.8%

Median age 42.9

Land area
259.9 sq mi

Chicago

ZIP code 62881 in Salem, Illinois has a population of 11,385. The median household income is $71,270, which is 7% below the national average. Median home value is $115,200, 59% below the US average. 17.8% of residents hold a bachelor's degree or higher.

ZIP code 62881 is classified by USPS as a standard delivery area and covers roughly 259.9 square miles in Salem, Marion County, Illinois. The area is home to 11,385 residents, producing a population density of 44 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 62881 against Illinois and the nation.

On the economic side, the median household income for ZIP 62881 sits at $71,270 (11% below the Illinois average), while per-capita income is $39,042. The poverty rate stands at 11.8% and the unemployment rate at 2.6%. On housing, the median home value is $115,200 (40% below the state average) with median rent at $778 per month, and 73.5% of occupied units are owner-occupied, a direct signal of whether 62881 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 17.8% of adults hold a bachelor's degree or higher, the median age is 42.9, and the average commute is 16 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 62881 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 62881

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 62881.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 62881, Salem, 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

11,385

Population

259.9

Area (sq mi)

44

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 62881?

42.9

Median Age

49.1%

Male

50.9%

Female

1.0%

Foreign-Born

White 92.9%
African American 1.8%
Asian 0.9%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.9%
Hispanic or Latino 0.5%

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?

$71,270

Median Household Income

-11% vs state

$39,042

Per Capita Income

11.8%

Poverty Rate

2.6%

Unemployment Rate

16.3 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 55.1%
Bachelor's Degree or Higher 17.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

5,095

Total Housing Units

4,724

Occupied Units

371

Vacant Units

2.29

Avg Household Size

Occupancy Type

Owner 73.5%
Renter 26.5%

$115,200

Median Home Value

-40% vs state

$778

Median Rent

1974

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

-2.3%

YoY Change (2024)

196

HPI Index (2000 = 100)

+96%

Total Change Since 2000

Home values in ZIP 62881 have decreased 2.3% over the past year (2024). Since 2000, this ZIP has seen +96% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.8% 143
2021 +7.8% 154
2022 +14.6% 177
2023 +13.7% 201
2024 -2.3% 196

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 318 business establishments in ZIP 62881, employing approximately 5,107 people with a combined annual payroll of $249,776,000.

318

Businesses

5,107

Employees

$249.8M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 49 15.4%
Health care and social assistance 45 14.2%
Other services (except public administration) 40 12.6%
Accommodation and food services 38 11.9%
Construction 26 8.2%
Finance and insurance 24 7.5%
Professional, scientific, and technical services 23 7.2%
Manufacturing 17 5.3%
Arts, entertainment, and recreation 10 3.1%
Administrative and support and waste management and remediation services 9 2.8%
Transportation and warehousing 8 2.5%
Real estate and rental and leasing 8 2.5%
Information 6 1.9%
Mining, quarrying, and oil and gas extraction 5 1.6%
Wholesale trade 5 1.6%

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 62881 vs 62807 →

ZIP Code City Population Distance
62807 Alma, IL 961 7.6 mi
62870 Odin, IL 2,080 6.6 mi
62853 Kell, IL 1,034 8.4 mi
62854 Kinmundy, IL 1,776 11.3 mi

More ZIP Codes in Marion County

Frequently Asked Questions

What county is ZIP code 62881 in?
ZIP code 62881 (Salem) is located in Marion County, Illinois. Marion County contains multiple ZIP codes, see the full list at /counties/marion-il.
What is the population of ZIP code 62881?
ZIP code 62881 in Salem, IL has a population of 11,385 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62881?
The median household income in ZIP 62881 is $71,270, which is 7% below the national average of $76,288.
What is the average home value in ZIP 62881?
The median home value in ZIP 62881 is $115,200, which is 59% below the national average of $278,155.
What is the demographic makeup of ZIP 62881?
The largest racial group in ZIP 62881 is White at 92.9%. Hispanic or Latino residents make up 0.5% of the population.
How many businesses are in ZIP code 62881?
ZIP code 62881 has 318 business establishments employing approximately 5,107 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 62881?
The top industries by establishment count in ZIP 62881 are: Retail trade (49), Health care and social assistance (45), Other services (except public administration) (40). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 62881?
According to the FHFA House Price Index, home values in ZIP 62881 decreased by 2.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 96%. 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 62881?
In ZIP code 62881, 55.1% of residents aged 25+ have a high school diploma or higher, and 17.8% 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 62881?
The mean commute time for workers in ZIP code 62881 is 16.3 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 62881?
In ZIP code 62881, approximately 73.5% of occupied housing units are owner-occupied and 26.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62881?
The poverty rate in ZIP code 62881 is 11.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Salem, 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.