62703 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 62703 is White. The majority race/ethnicity attending public schools in 62703 is African American. The current unemployment level in 62703 is 5.2%.
| Population | 28,809 |
| Population Growth Rate | 0.00% |
| Population Density | 1,849 People per Square Mile |
| Total Households | 11,965 |
| Percentage High Income Households | 0.6% |
| Median Household Income (2021) | $40,514 |
| Average Adjusted Gross Income (2021) | $311,210 |
| Current Unemployment Rate (May 2026) | 5.2% |
| Sales Tax Rate (2025) | 9.8% |
| Majority Race/Ethnicty | White - 57.67% |
| Public School Majority Race/Ethnicty | African American - 46.63% |
62703 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 16,308 | 57.67% |
| Black | 10,382 | 36.72% |
| Hispanic | 1,334 | 4.72% |
| Asian | 183 | 0.65% |
| Native American | 69 | 0.24% |
| Hawaiian/Pac. Islander | 0 | 0% |
62703 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,795 | 40.1% |
| Black | 2,389 | 53.37% |
| Hispanic | 162 | 3.62% |
| Asian | 116 | 2.59% |
| Native American | 9 | 0.2% |
| Hawaiian/Pac. Islander | 5 | 0.11% |
62703 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,393 | 8.96% |
| Bachelor Degree | 2,290 | 14.74% |
| High School Diploma | 5,060 | 32.56% |
| No High School Diploma | 288 | 1.85% |
| GED or Alternate | 1,252 | 8.06% |
| 1 or More Years of College | 2,910 | 18.72% |
| Associates Degree | 1,510 | 9.72% |
| Masters Degree | 693 | 4.46% |
| Professional Degree | 57 | 0.37% |
| Doctorate Degree | 88 | 0.57% |