Zip Code
62862
City
Mill Shoals, IL
Population & Migration
What is the forecasted population for Zip code 62862 Mill Shoals, IL?
- Population census 2020
- 291
- Forecasted population 2025
- 259
- -0.11% vs. 2020
- Forecasted population 2030
- 251
- -0.14% vs. 2020
Zip code 62862 Mill Shoals, IL population is forecasted to decrease -0.11% by 2025 (-15.7 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 259 people for 2025 zip code 62862 Mill Shoals, IL will generate a good demand for housing, which is expected to have an excess of -18 houses for 2030. Vacancy rate is 0.3 points above national US average.
- Total homes available 2020
- 137
- Estimated total home demand in 2030
- 118
- Total homes balance inventory
- -18
Average Household Income in zip code 62862 Mill Shoals, IL
from Internal Revenue Service
- Average household income in 2021
- $84,633
Affordability
- Affordability Index
- 0
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 62862 Mill Shoals, IL?
County total number of drinking water violations
14
-94%
244
County total number of drinking water contaminations
7
-71%
24
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