Interested in purchasing investment houses in the 61529 zip code in Elmwood, IL?
The zip code 61529 is in both Peoria and Knox counties with a latitude of -89.942020000000 and longitude of 40.781430000000, is in the state of Illinois. The average asking price of houses and condos is $119,533.00 and the average sale price was $97,150.00. this regions is classified as the Peoria - Bloomington metro area and is in the 309 area code. The location in degrees is 40° 46' 53.148" N, 89° 56' 31.272" W. The county F.I.P.S. is 17143. This zip code contains two cities including Elmwood, IL (2.21%), and Farmington, IL (0.15%) The total land area is 64.0 square miles and the water area is 0.3 square miles. The elevation in this area is 607 - 738 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61529 is in county number 095 and is L. Sector 91, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,839 in 2019 and 2,880 in 2010. Of this, the break down in 2019 was 2,029 urban and 809 rural. This further breaks down to 1,317 males (46.4%) and 1,521 females (53.6%). The median age of residents is 42.2 years. The population of the greater Peoria, IL area is 376,630. The population density (people per square mile) is 44. This zip code has a combined total of 1,199 houses and condos. There are 230 rented appartments. 22% of residents rent versus the 22% 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 $59,489 and the average salary is $46,990. The median household income of individuals is $60,000.00 and the average is $68,190.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 41.50% (Under $50,000), 42.60% ($50,000-$100,000), and 15.80% earn over $100,000. 11.9% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 82.4. The educational breakdown is 92.8% have a high school education or higher, 31.4% have a bachelor's degree or higher, and 10.0% have some kind of profesional degree.
This area has 1,133 households and the average size is 2.7 people. Individuals who are single and have never been married are 27.3%, 56.9% are now married, 2.1% are separated, 3.4% are widowed, and 10.4% are divorced. The average yearly contribution amount given by people to charity was $3,354 versus the state average of $4,525. The percent of residents who gave to charity was 20.0%.
The estimated median value of houses and condos is $157,458. The median monthly owner costs of mortgage holders was $1,163, where as the costs for those who don't have a mortgage are $565. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $3,244. 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 1.8% which amounted to an average tax amount of $3,021. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.4% which amounted to an average tax amount of $3,674. Reported taxable interest for persons was $943, dividends $3,290, capital gains +$5,265, and itemized deductions $19,473. The average earned income tax credit is $2,006. The percent of individuals that use a tax preparer is 57.9%. The total average income taxes paid by individuals was $8,283. Businesses reported an average profit of $10,072.
Cerno's Bar & Grill
118 E Main St, Elmwood, IL 61529
Corner Inn
118 S Magnolia St, Elmwood, IL 61529
Uptown Cafe
110 N Magnolia St, Elmwood, IL 61529
Toots Treats
608 W Main St, Elmwood, IL 61529
Tastee Freez
710 S Althea St, Elmwood, IL 61529
Pizza Factory
807 W Main St, Elmwood, IL 61529
Weaver's Country Fried Chicken
9100 N Princeville Jubilee Rd, Brimfield, IL 61517 (5 miles away)
Main Street Deli
101 E Main St, Yates City, IL 61572 (5.2 miles away)
Brown Jug
18403 W Farmington Rd, Trivoli, IL 61569 (6.5 miles away)
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