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Lee County · Illinois

ZIP code 61042

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 61042 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
410

ZCTA residents

Median income
$70,000

Household, past 12 months

Median home
$123,900

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 61042 sits in Lee County, Illinois and is home to 410 people. Median household income is $70,000, the median home is worth $123,900 and median gross rent is $922. 78.8% 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 61042

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

Population
410ZIP 61042 residents
Median household income
$70,000Past 12 months, inflation adjusted
Median home value
$123,900Owner-occupied units
Median gross rent
$922Rent plus utilities, monthly
Median age
39.6 yrsAll residents
Homeownership rate
78.8%Owner-occupied households

ZIP 61042 in context

How this area compares with national benchmarks.

ZIP 61042 is a very small community in Lee County, Illinois, with 410 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1158 of 1,396 ranked by population — larger than 17% of them. The median age here is 39.6 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 61042 earn a median of $70,000 a year, 10.9% 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 18.5% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 61042 is valued at $123,900, 59.2% below the national figure, while median gross rent runs $922 a month, 34.4% below the national figure, or roughly $11,064 across a full year. A household on the local median income would put about 15.8% 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 1.8×, 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. 78.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 410 residents, a handful of survey responses moves every median on this page. Compare ZIP 61042 against its county rather than against national figures.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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 61042 in context

How 61042 sits inside Lee County and Illinois.

ZIP 61042 is tabulated inside Lee County, Illinois, one of 14 ZIP areas the Census publishes for that county and 1,396 across Illinois. This is one of the smallest tabulated ZIP areas in the state, the kind of rural route where a single subdivision or farm cluster accounts for most addresses. 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 61042 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 61042 reports a median household income of $70,000, close to the $71,429 county median, and 4% below the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $123,900, 21% below the county figure and 16% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $922 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 61042 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 61042 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 61042

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
16%Median rent ÷ median income
Price-to-income
1.8×Home value ÷ household income
Est. mortgage
$643/mo20% down, 30-yr at 6.75%
Poverty rate
18.5%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 61042 compares

ZIP 61042 against the median ZIP in Lee County and across Illinois.

MeasureZIP 61042County medianState medianvs state
Median household income$70,000$71,429$72,734-4%
Median home value$123,900$157,250$146,900-16%
Median gross rent$922$922$906+2%
Population4107481,856-78%

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 45% of 1,344 state ZIPs

#740
Home value

above 39% of 1,335 state ZIPs

#810
Population

larger than 17% of 1,396 state ZIPs

#1,158

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
61957Shelby County$70,000$126,700$746
62378Brown County$70,000$140,700$477
60659Cook County$70,033$358,800$1,391
61931Coles County$70,086$125,800$855
62959Williamson County$69,914$166,200$895
62480Jasper County$69,911$113,400—

Nearby ZIP codes

Other ZIP codes filed under Lee County.

Adjacent ZIP Codes

Other ZIP codes in Lee County, Illinois.

ZIP 61042 questions

Common questions about this ZIP code.

Where is ZIP code 61042?
ZIP 61042 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 61042?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 61042 expensive to live in?
Median rent runs $922 a month, about 16% of median household income, and the median home is worth $123,900 — -16% 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 61042, 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.