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ZipNumbers

Knox County · Illinois

ZIP code 61488

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 61488 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,230

ZCTA residents

Median income
$61,786

Household, past 12 months

Median home
$125,000

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 61488 sits in Knox County, Illinois and is home to 1,230 people. Median household income is $61,786, the median home is worth $125,000 and median gross rent is $634. 80.9% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Knox County

FIPS 17095

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 61488

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

Population
1,230ZIP 61488 residents
Median household income
$61,786Past 12 months, inflation adjusted
Median home value
$125,000Owner-occupied units
Median gross rent
$634Rent plus utilities, monthly
Median age
41.5 yrsAll residents
Homeownership rate
80.9%Owner-occupied households

Sales tax in 61488

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
12%Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$649/mo20% down, 30-yr at 6.75%
Poverty rate
9.8%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 61488 compares

ZIP 61488 against the median ZIP in Knox County and across Illinois.

MeasureZIP 61488County medianState medianvs state
Median household income$61,786$64,184$72,734-15%
Median home value$125,000$114,100$146,900-15%
Median gross rent$634$725$906-30%
Population1,2308101,856-34%

Medians are computed across the 17 ZIP areas in Knox County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 29% of 1,344 state ZIPs

#950
Home value

above 40% of 1,335 state ZIPs

#801
Population

larger than 40% of 1,396 state ZIPs

#836

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
62422Shelby County$61,759$123,700$765
62246Bond County$61,740$149,200$726
62612Cass County$61,833$113,300$590
62611Cass County$61,731$158,800$825
62565Shelby County$61,722$131,900$737
62086Bond County$61,705$101,800$617

Nearby ZIP codes

Other ZIP codes filed under Knox County.

ZIP 61488 questions

Common questions about this ZIP code.

Where is ZIP code 61488?
ZIP 61488 lies mostly in Knox 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 61488?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 61488 expensive to live in?
Median rent runs $634 a month, about 12% of median household income, and the median home is worth $125,000-15% 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 61488, 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.