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ZIP Code 62040

Madison, Illinois

FIPS 62040

Juniper

ZIP Code 62040 is in the top 11% nationally for appreciation 1yr %, but in the bottom 18% nationally for FEMA risk score. It also sits in the 21th percentile nationally for median home value. And it sits in the top 22% nationally for price-to-income ratio.

Median Home Value

$112,000

Lower than 79% of U.S. ZIP codes

HPI Growth 5yr %

52%

Higher than 76% of U.S. ZIP codes

FEMA Risk Score

88.3

Higher than 82% of U.S. ZIP codes

The basics

Total Population

40,404

Median Age

39.8

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$112,000

Lower than 79%

Median Property Tax

$2,012

Effective Tax Rate

2%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

1.87

Lower than 78%

Median Rent

$910

Near median

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

52%

Higher than 76%

Appreciation 1yr %

6.8%

Higher than 89%

Pandemic Gain %

37%

Recession Drop %

-12%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

87.5

Winter Avg Low (°F)

26.8

Avg Temperature (°F)

56.5

Hot Days/yr (>90°F)

46.1

Freezing Days/yr (<32°F)

98.1

Annual Precipitation (in)

45.1

Annual Snowfall (in)

10.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

88.3

Higher than 82%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 62040: frequently asked questions

What is the median home value in ZIP Code 62040?
The median home value in ZIP Code 62040 is $112,000, lower than 79% of U.S. ZIP codes.
How much is property tax in ZIP Code 62040?
The median annual property tax in ZIP Code 62040 is $2,012, an effective rate of 2% of home value.
Is ZIP Code 62040 expensive to live in?
Homes in ZIP Code 62040 cost about 1.87× the median household income, lower than 78% of U.S. ZIP codes.
What is the average rent in ZIP Code 62040?
The median gross rent in ZIP Code 62040 is $910 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 62040?
Home prices in ZIP Code 62040 have moved 52% over the past five years (6.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 62040?
ZIP Code 62040 averages 56.5°F year-round, summer highs near 87.5°F, winter lows around 26.8°F (NOAA 1991–2020 normals). It sees about 10.8 inches of snow a year.
Is ZIP Code 62040 at risk of flooding or natural disasters?
ZIP Code 62040's FEMA National Risk Index score is 88.3 (higher than 82% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →