Home values, rents and more in ZIP code 62040 (Granite City, IL)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 62040 in ProMap- Under $77k
- $77k–$130k
- $130k–$180k
- $180k–$280k
- $280k+
- No data
How 62040 compares
The typical home in ZIP code 62040 (Granite City, IL) is worth about $122,000, according to the Zillow Home Value Index for September 2026. Home values in 62040 are 55% below the typical value in the St. Louis metro area ($273,000) and 67% below the U.S. typical value ($366,000).
Over the past year, home values in 62040 rose 3.6%, compared with +3.3% in the St. Louis metro area and +1.2% nationally.
Typical rent is $1,162 a month (Zillow Observed Rent Index), 19% below the St. Louis metro area ($1,427) and 40% below the U.S. ($1,932). Rents rose 0.2% over the past year.
The median household income is $60,031, against $80,196 in the St. Louis metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 40,404 people live in 62040 (American Community Survey 2020–24).
62040 has the 34th-lowest typical home value of the 209 ZIP codes in the St. Louis metro area and the 155th-lowest of 1,084 in Illinois with Zillow figures.
Part of: Granite City, IL · Madison County, IL · St. Louis metro area · Illinois
More for 62040 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.