Census ACS · ZIP Code Tabulation Area

62294 Income Statistics for 2026

Madison County, Illinois

Median household income

$120,466

Median household income ($120,466) is higher than Madison County County ($79,643).

62294$120,466
Madison County County$79,643
62021$107,454
62281$132,000
62025$100,741
62034$101,260
62035$93,973

Average household income

$136,283

Average household income ($136,283) is higher than Madison County County ($98,984).

62294$136,283
Madison County County$98,984
62021$144,908
62281$139,076
62025$135,749
62034$123,807
62035$116,112

Per-capita income

$50,476

Per-capita income ($50,476) is higher than Madison County County ($41,408).

62294$50,476
Madison County County$41,408
62021$52,204
62281$50,292
62025$52,211
62034$52,604
62035$48,481

Households earning $100k+

57.8%

Households earning $100k+ (57.8%) is higher than Madison County County (37.0%).

6229457.8%
Madison County County37.0%
6202158.2%
6228165.9%
6202550.4%
6203451.0%
6203547.8%

All demographics

Population
15,325
Households
5,658
Median age
36.4 yrs
Median household income
$120,466
Mean household income
$136,283
Per capita income
$50,476
Median home value
$276,300
Median gross rent
$1,125
Owner-occupied housing
79.1%
Bachelor's degree or higher
47.1%
In labor force
70.7%
Poverty rate
1.7%
Households earning $100k+
57.8%
Population under 5
7.2%
Population age 18–34
19.5%
Population age 25–44
28.5%
Population age 45–64
24.5%
Population age 65+
13.7%
Hispanic or Latino
2.7%
Black (non-Hispanic)
1.0%
Asian (non-Hispanic)
0.5%
Unemployment rate
3.2%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/illinois/62294

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 62294 income statistics ($120,466 median)

ZIP Code Tabulation Area 62294 in Illinois is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 62294 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 15,325 people live in this ZCTA. Median household income here ($120,466) is higher than Madison County County ($79,643). Operators sizing a local market often pair median income with mean income ($136,283) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Illinois·ZIP codes in Madison County