Comparison to Surrounding Areas
The median household income ($64,375) for 62940 is less than the median household income for 62907 ($84,293) and 62950 ($69,722). But it's more than 62942 ($36,458), 62966 ($55,665), Jackson County ($48,763), and Gorham village ($55,938).
| 62940 | $64,375 |
| Gorham village | $55,938 |
| Jackson County | $48,763 |
Get Median Household Income for all Zip Codes in Illinois.
The average household income ($61,862) for 62940 is less than the average household income for 62907 ($95,403), 62950 ($68,697), 62966 ($76,526), and Jackson County ($70,409). But it's more than 62942 ($61,849) and Gorham village ($48,632).
| 62940 | $61,862 |
| Gorham village | $48,632 |
| Jackson County | $70,409 |
Get Average Household Income for all Zip Codes in Illinois.
The per-capita income for 62940 is $21,469. The per capita income ($21,469) for 62940 is less than the per capita income for 62907 ($33,641), 62942 ($24,753), 62950 ($31,070), 62966 ($33,993), and Jackson County ($30,227). But it's more than Gorham village ($18,305).
| 62940 | $21,469 |
| Gorham village | $18,305 |
| Jackson County | $30,227 |
Get Per-Capita Income for all Zip Codes in Illinois.
0.5% of households make over $200,000 a year. The percent high income households (0.5%) for 62940 is less than the percent high income households for 62907 (4.0%), 62942 (7.6%), 62966 (5.5%), Jackson County (4.9%), and Gorham village (1.1%). But it's more than 62950 (0.0%).
| 62940 | 0.5% |
| Gorham village | 1.1% |
| Jackson County | 4.9% |
Get High Income Households for all Zip Codes in Illinois.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 62940 | $-1 | $78,658 | $38,750 | $46,250 |
| Gorham village | $-1 | $47,250 | $39,375 | $43,750 |
| Jackson County | $25,301 | $54,967 | $65,779 | $49,679 |
Get Median Household Income by Age of Householder for all Zip Codes in Illinois.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 62940 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 62940 | +/-$26,511 | +/-$10,207 | +/-$4,518 | +/-1.4% | +/-$-1 | +/-$391 | +/-$34,557 | +/-$8,128 |
| Gorham village | +/-$18,162 | +/-$9,004 | +/-$4,804 | +/-3.0% | +/-$-1 | +/-$34,336 | +/-$24,892 | +/-$28,155 |
| Jackson County | +/-$3,394 | +/-$3,654 | +/-$1,423 | +/-0.7% | +/-$4,614 | +/-$3,981 | +/-$4,864 | +/-$4,494 |