Interested in purchasing investment houses in the 61102 zip code in Rockford, IL?
The zip code 61102 is in both Winnebago and Ogle counties with a latitude of -89.157340000000 and longitude of 42.229590000000, is in the state of Illinois. The average asking price of houses and condos is $100,974.00 and the average sale price was $60,125.00. this regions is classified as the Rockford metro area and consists of the following area codes: 779 and 815. The location in degrees is 42° 13' 46.524" N, 89° 9' 26.424" W. The county F.I.P.S. is 17201. The total land area is 34.4 square miles and the water area is 1.1 square miles. The elevation in this area is 738 - 856 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61102 is in county number 141 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 17,914 in 2019 and 20,538 in 2010. Of this, the break down in 2019 was 15,422 urban and 2,491 rural. This further breaks down to 9,067 males (50.6%) and 8,846 females (49.4%). The median age of residents is 34.5 years. The population of the greater Rockford, IL area is 359,336. The population density (people per square mile) is 520. This zip code has a combined total of 7,080 houses and condos. There are 2,314 rented appartments. 37% of residents rent versus the 37% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,193 and the average salary is $31,660. The median household income of individuals is $40,583.00 and the average is $40,270.00. This zip code has a mean commute time to work of 24.1 minutes. The unemployment rate is 11.9%. Income earners by percent breakdown as 60.60% (Under $50,000), 27.60% ($50,000-$100,000), and 11.80% earn over $100,000. 24.4% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 84.1. The educational breakdown is 73.8% have a high school education or higher, 9.5% have a bachelor's degree or higher, and 3.4% have some kind of profesional degree.
This area has 6,591 households and the average size is 2.7 people. Individuals who are single and have never been married are 41.7%, 40.7% are now married, 2.4% are separated, 5.4% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $3,712 versus the state average of $4,525. The percent of residents who gave to charity was 14.7%.
The estimated median value of houses and condos is $81,383. The median monthly owner costs of mortgage holders was $999, where as the costs for those who don't have a mortgage are $423. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 2.7% which equated to an average real estate tax amount payment of $2,213. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 2.8% which amounted to an average tax amount of $2,498. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.6% which amounted to an average tax amount of $1,785. Reported taxable interest for persons was $744, dividends $2,724, capital gains +$1,575, and itemized deductions $18,800. The average earned income tax credit is $2,766. The percent of individuals that use a tax preparer is 56.0%. The total average income taxes paid by individuals was $7,622. Businesses reported an average profit of $7,215.
Smokehouse Barbecue
432 W Harrison Ave, Rockford, IL 61102
Mr. C's Family Restaurant
4309 W State St, Rockford, IL 61102
Da Catch
1528 Kishwaukee St, Rockford, IL 61104 (2.5 miles away)
Bella Luna Bakery
308 W State St Ste 135, Rockford, IL 61101 (2.6 miles away)
Giuseppi's Pizzeria & Italian Restaurant
950 Halsted Rd, Rockford, IL 61103 (3.8 miles away)
John's Restaurant & Pizzeria
2914 11th St, Rockford, IL 61109 (4.6 miles away)
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