Interested in purchasing investment houses in the 61107 zip code in Rockford, IL?
The zip code 61107 is in both Winnebago and Boone counties with a latitude of -89.003260000000 and longitude of 42.283640000000, is in the state of Illinois. The average asking price of houses and condos is $137,950.00 and the average sale price was $108,397.00. 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° 17' 1.104" N, 89° 0' 11.736" W. The county F.I.P.S. is 17201. The total land area is 14.8 square miles and the water area is 0.1 square miles. The elevation in this area is 758 - 889 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61107 is in county number 007 and is L. Sector 29, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 30,444 in 2019 and 30,439 in 2010. Of this, the break down in 2019 was 30,147 urban and 296 rural. This further breaks down to 14,380 males (47.2%) and 16,064 females (52.8%). The median age of residents is 43.1 years. The population of the greater Rockford, IL area is 359,336. The population density (people per square mile) is 2,054. This zip code has a combined total of 14,529 houses and condos. There are 4,586 rented appartments. 34% of residents rent versus the 34% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $65,343 and the average salary is $51,895. The median household income of individuals is $58,825.00 and the average is $74,930.00. This zip code has a mean commute time to work of 21.1 minutes. The unemployment rate is 6.6%. Income earners by percent breakdown as 41.50% (Under $50,000), 34.00% ($50,000-$100,000), and 24.60% earn over $100,000. 10.3% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 84.9. The educational breakdown is 93.3% have a high school education or higher, 37.9% have a bachelor's degree or higher, and 14.2% have some kind of profesional degree.
This area has 13,039 households and the average size is 2.2 people. Individuals who are single and have never been married are 27.9%, 50.3% are now married, 1.5% are separated, 7.6% are widowed, and 12.8% are divorced. The average yearly contribution amount given by people to charity was $4,872 versus the state average of $4,525. The percent of residents who gave to charity was 34.0%.
The estimated median value of houses and condos is $138,108. The median monthly owner costs of mortgage holders was $1,295, where as the costs for those who don't have a mortgage are $661. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 3.3% which equated to an average real estate tax amount payment of $4,519. 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 3.4% which amounted to an average tax amount of $4,455. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.0% which amounted to an average tax amount of $4,647. Reported taxable interest for persons was $1,668, dividends $8,207, capital gains +$9,681, and itemized deductions $23,110. The average earned income tax credit is $2,189. The percent of individuals that use a tax preparer is 53.9%. The total average income taxes paid by individuals was $10,663. Businesses reported an average profit of $14,166.
Giovanni's Restaurant
610 N Bell School Rd, Rockford, IL 61107
Vito's Ristorante
1620 N Bell School Rd, Rockford, IL 61107
Hachi Sushi
145 Sundae Dr, Rockford, IL 61107
Rue Marche
620 Market St, Rockford, IL 61107
Thunder Bay Grille
7652 Potawatomi Trl, Rockford, IL 61107
Giordano's
333 Executive Pkwy, Rockford, IL 61107
Lydia's Cafe
1710 Rural St Ste 3, Rockford, IL 61107
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