Housing costs in Shipman?
A typical home costs
$112,700, which is 66.7% less expensive than the national average of
$338,100 and 53.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Shipman costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Shipman?
To live comfortably in Shipman (zip 62685), Illinois, a minimum annual income of
$21,600 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Shipman?
The cost of living in 62685 Shipman, IL is relatively low compared to the national average. The median home value in this area is approximately $106,000, which is significantly lower than the national median of $231,000. This can be attributed to the fact that a larger portion of the population earns lower incomes and has less money to spend on housing. Additionally, transportation costs are quite low in this area due to its rural location. Property taxes are also relatively low in this area, making it ideal for those looking for affordability when it comes to living expenses.