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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

ZIP 61488 in context

How this area compares with national benchmarks.

ZIP 61488 is a small town in Knox County, Illinois, with 1,230 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #836 of 1,396 ranked by population — larger than 40% of them. The median age here is 41.5 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 61488 earn a median of $61,786 a year, 21.3% below the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 9.8% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 61488 is valued at $125,000, 58.8% below the national figure, while median gross rent runs $634 a month, 54.9% below the national figure, or roughly $7,608 across a full year. A household on the local median income would put about 12.3% 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. 80.9% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

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 61488 in context

How 61488 sits inside Knox County and Illinois.

ZIP 61488 is tabulated inside Knox County, Illinois, one of 17 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 61488 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 61488 reports a median household income of $61,786, 4% below the $64,184 county median, and 15% below the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $125,000, 10% above the county figure and 15% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $634 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 61488 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 61488 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 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.

Adjacent ZIP Codes

Other ZIP codes in Knox County, Illinois.

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.