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Morgan County · Illinois

ZIP code 62601

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 62601 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
337

ZCTA residents

Median income
$91,389

Household, past 12 months

Median home
$121,700

Owner-occupied value

Sales tax
6.25%

Illinois state rate

Quick answer

ZIP 62601 sits in Morgan County, Illinois and is home to 337 people. Median household income is $91,389, the median home is worth $121,700 and median gross rent is —. 96.3% of households own their home, and purchases are taxed at 6.25% (Illinois state rate).

County
Morgan County

FIPS 17137

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 62601

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

Population
337ZIP 62601 residents
Median household income
$91,389Past 12 months, inflation adjusted
Median home value
$121,700Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
38 yrsAll residents
Homeownership rate
96.3%Owner-occupied households

ZIP 62601 in context

How this area compares with national benchmarks.

ZIP 62601 is a very small community in Morgan County, Illinois, with 337 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1191 of 1,396 ranked by population — larger than 14% of them. The median age here is 38 years against 39.1 nationally, a slightly younger 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 62601 earn a median of $91,389 a year, 16.4% above 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 10.1% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 62601 is valued at $121,700, 59.9% below the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 1.3×, 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. 96.3% 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. 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 337 residents, a handful of survey responses moves every median on this page. Compare ZIP 62601 against its county rather than against national figures.

The Census withheld gross rent for ZIP 62601 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Reading ZIP 62601 in context

How 62601 sits inside Morgan County and Illinois.

ZIP 62601 is tabulated inside Morgan County, Illinois, one of 9 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 62601 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 62601 reports a median household income of $91,389, 32% above the $69,091 county median, and 26% above the $72,734 typical IL ZIP. Owner-occupied homes are valued at a median of $121,700, close to the county figure and 17% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published 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 62601 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 62601 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 62601

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
—Median rent ÷ median income
Price-to-income
1.3×Home value ÷ household income
Est. mortgage
$631/mo20% down, 30-yr at 6.75%
Poverty rate
10.1%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 62601 compares

ZIP 62601 against the median ZIP in Morgan County and across Illinois.

MeasureZIP 62601County medianState medianvs state
Median household income$91,389$69,091$72,734+26%
Median home value$121,700$119,700$146,900-17%
Median gross rent—$779$906—
Population3371,2641,856-82%

Medians are computed across the 9 ZIP areas in Morgan County and the 1396 ZIP areas in Illinois.

Statewide rank

Where this ZIP places among all 1396 Illinois ZIP areas.

Income

richer than 76% of 1,344 state ZIPs

#328
Home value

above 37% of 1,335 state ZIPs

#838
Population

larger than 15% of 1,396 state ZIPs

#1,191

Comparable ZIP codes

Illinois ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
60430Cook County$91,402$209,100$1,419
60613Cook County$91,351$397,800$1,616
61049Ogle County$91,500$183,300$1,009
62031Jersey County$91,250$127,700—
62573Macon County$91,250$147,400$809
60070Cook County$91,210$343,100$1,391

Nearby ZIP codes

Other ZIP codes filed under Morgan County.

Adjacent ZIP Codes

Other ZIP codes in Morgan County, Illinois.

ZIP 62601 questions

Common questions about this ZIP code.

Where is ZIP code 62601?
ZIP 62601 lies mostly in Morgan 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 62601?
Illinois charges 6.25% statewide, plus any county, city or district rate that applies locally.
Is 62601 expensive to live in?
Median rent runs — a month, and the median home is worth $121,700 — -17% 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 62601, 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.