62340 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Illinois based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 62340 is White. The majority race/ethnicity attending public schools in 62340 is White. The current unemployment level in 62340 is 5.2%.
| Population | 1,700 |
| Population Growth Rate | 0% |
| Population Density | 21 People per Square Mile |
| Total Households | 678 |
| Median Household Income (2021) | $43,036 |
| Average Adjusted Gross Income (2021) | $361,330 |
| Current Unemployment Rate (May 2026) | 5.2% |
| Sales Tax Rate (2025) | 7.8% |
| Majority Race/Ethnicity | White - 98.98% |
| Public School Majority Race/Ethnicity | White - 99.13% |
62340 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,643 | 98.98% |
| Black | 0 | 0% |
| Hispanic | 14 | 0.84% |
| Asian | 3 | 0.18% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
62340 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 229 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
62340 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 78 | 8.09% |
| Bachelor Degree | 101 | 10.48% |
| High School Diploma | 386 | 40.04% |
| No High School Diploma | 17 | 1.76% |
| GED or Alternate | 70 | 7.26% |
| 1 or More Years of College | 176 | 18.26% |
| Associates Degree | 92 | 9.54% |
| Masters Degree | 38 | 3.94% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 6 | 0.62% |
