Interested in purchasing investment houses in the 61240 zip code in Coal Valley, IL?
The zip code 61240 is in both Rock Island and Henry counties with a latitude of -90.429740000000 and longitude of 41.425510000000, is in the state of Illinois. The average asking price of houses and condos is $207,880.00 and the average sale price was $167,259.00. this regions is classified as the Davenport - Rock Island - Moline metro area and is in the 309 area code. The location in degrees is 41° 25' 31.836" N, 90° 25' 47.064" W. The county F.I.P.S. is 17161. This zip code contains three cities including Coal Valley, IL (7.41%), Moline, IL (1.55%), and Colona, IL (0.91%) The total land area is 36.8 square miles and the water area is 0.4 square miles. The elevation in this area is 581 - 719 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61240 is in county number 073 and is L. Sector 99, L. Segment 86, H. Sector 86, and H. Segment 86. The population was 5,905 in 2019 and 5,870 in 2010. Of this, the break down in 2019 was 4,275 urban and 1,629 rural. This further breaks down to 3,070 males (52.0%) and 2,835 females (48.0%). The median age of residents is 48.6 years. The population of the greater Davenport-Moline-Rock Island, IA-IL area is 380,829. The population density (people per square mile) is 160. This zip code has a combined total of 2,655 houses and condos. There are 291 rented appartments. 12% of residents rent versus the 12% 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 $73,305 and the average salary is $59,939. The median household income of individuals is $62,002.00 and the average is $83,020.00. This zip code has a mean commute time to work of 21.3 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 39.50% (Under $50,000), 39.20% ($50,000-$100,000), and 21.30% earn over $100,000. 2.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 87.1. The educational breakdown is 94.7% have a high school education or higher, 32.1% have a bachelor's degree or higher, and 8.9% have some kind of profesional degree.
This area has 2,323 households and the average size is 2.3 people. Individuals who are single and have never been married are 18.6%, 62.0% are now married, 1.3% are separated, 6.6% are widowed, and 11.6% are divorced. The average yearly contribution amount given by people to charity was $3,322 versus the state average of $4,525. The percent of residents who gave to charity was 30.6%.
The estimated median value of houses and condos is $199,256. The median monthly owner costs of mortgage holders was $1,489, where as the costs for those who don't have a mortgage are $576. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 5.7.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $3,924. 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 2.0% which amounted to an average tax amount of $4,095. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $3,494. Reported taxable interest for persons was $1,530, dividends $5,649, capital gains +$5,354, and itemized deductions $21,202. The average earned income tax credit is $1,950. The percent of individuals that use a tax preparer is 55.7%. The total average income taxes paid by individuals was $10,320. Businesses reported an average profit of $13,263.
Headquarters Bar & Grill
119 E 22nd Avenue A, Coal Valley, IL 61240
Joe's Place
110 E 22nd Ave, Coal Valley, IL 61240
Bourbons Bar & Grill
119 E 22nd Ave, Coal Valley, IL 61240
Hacienda Mexican Grill
504 W 1st Ave, Coal Valley, IL 61240
Rudy's Tacos
320 W 1st Ave, Coal Valley, IL 61240
Mulligan's Valley Pub
310 W 1st Ave, Coal Valley, IL 61240
Hawaiian Style Coffee
312 W 1st Ave, Coal Valley, IL 61240
Happy Joe's
119 W 1st Ave, Coal Valley, IL 61240
Crabby's Bar & Grill
826 W 1st Ave, Coal Valley, IL 61240
Mama B's Cafe
201 W 2nd Ave, Coal Valley, IL 61240
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