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Lee County · Illinois

ZIP code 61031

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 61031 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,615

ZCTA residents

Median income
$74,050

Household, past 12 months

Median home
$148,600

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 61031 sits in Lee County, Illinois and is home to 1,615 people. Median household income is $74,050, the median home is worth $148,600 and median gross rent is $822. 71.8% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Lee County

FIPS 17103

State
Illinois (IL)

1,396 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 61031

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,615ZIP 61031 residents
Median household income
$74,050Past 12 months, inflation adjusted
Median home value
$148,600Owner-occupied units
Median gross rent
$822Rent plus utilities, monthly
Median age
44.1 yrsAll residents
Homeownership rate
71.8%Owner-occupied households

ZIP 61031 in context

How this area compares with national benchmarks.

ZIP 61031 is a small town in Lee County, Illinois, with 1,615 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #742 of 1,396 ranked by population — larger than 46% of them. The median age here is 44.1 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 61031 earn a median of $74,050 a year, 5.7% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 8.6% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 61031 is valued at $148,600, 51% below the national figure, while median gross rent runs $822 a month, 41.5% below the national figure, or roughly $9,864 across a full year. A household on the local median income would put about 13.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 71.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 61031 in context

How 61031 sits inside Lee County and Illinois.

ZIP 61031 is tabulated inside Lee County, Illinois, one of 14 ZIP areas the Census publishes for that county and 1,396 across Illinois. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 61031 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 61031 reports a median household income of $74,050, 4% above the $71,429 county median, and close to the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $148,600, 6% below the county figure and close to the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $822 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Illinois charges 6.25% statewide, and local governments overlapping 61031 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 61031 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 61031

What a purchase inside this ZIP costs at checkout.

Rate applied
6.25%State base rate only
Tax on $100
$6Rounded to the dollar
Tax on $1,000
$63Before any exemptions

Illinois levies 6.25% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
13%Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$771/mo20% down, 30-yr at 6.75%
Poverty rate
8.6%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 61031 compares

ZIP 61031 against the median ZIP in Lee County and across Illinois.

MeasureZIP 61031County medianState medianvs state
Median household income$74,050$71,429$72,734+2%
Median home value$148,600$157,250$146,900+1%
Median gross rent$822$922$906-9%
Population1,6157481,856-13%

Medians are computed across the 14 ZIP areas in Lee County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 52% of 1,344 state ZIPs

#646
Home value

above 51% of 1,335 state ZIPs

#653
Population

larger than 47% of 1,396 state ZIPs

#742

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
61523Peoria County$74,100$151,600$907
60402Cook County$73,993$277,800$1,168
62427Crawford County$74,167$105,400—
61942Douglas County$74,179$109,000$789
61536Peoria County$73,879$176,400$1,224
62898Jefferson County$74,297$150,000$906

Nearby ZIP codes

Other ZIP codes filed under Lee County.

Adjacent ZIP Codes

Other ZIP codes in Lee County, Illinois.

ZIP 61031 questions

Common questions about this ZIP code.

Where is ZIP code 61031?
ZIP 61031 lies mostly in Lee County, Illinois. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 61031?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 61031 expensive to live in?
Median rent runs $822 a month, about 13% of median household income, and the median home is worth $148,600 — +1% against the typical Illinois ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 61031, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.