Interested in purchasing investment houses in the 61550 zip code in Morton, IL?
The zip code 61550 is in Tazewell county with a latitude of -89.442110000000 and longitude of 40.610820000000, is in the state of Illinois. The average asking price of houses and condos is $215,311.00 and the average sale price was $182,090.00. this regions is classified as the Peoria - Bloomington metro area and is in the 309 area code. The location in degrees is 40° 36' 38.952" N, 89° 26' 31.596" W. The county F.I.P.S. is 17179. The total land area is 40.9 square miles and the water area is 0.1 square miles. The elevation in this area is 673 - 797 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61550 is in county number 179 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 17,999 in 2019 and 17,721 in 2010. Of this, the break down in 2019 was 16,530 urban and 1,468 rural. This further breaks down to 8,494 males (47.2%) and 9,504 females (52.8%). The median age of residents is 43.2 years. The population of the greater Peoria, IL area is 376,630. The population density (people per square mile) is 440. This zip code has a combined total of 8,120 houses and condos. There are 1,806 rented appartments. 23% of residents rent versus the 23% 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 $85,068 and the average salary is $67,429. The median household income of individuals is $66,144.00 and the average is $97,050.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 2.2%. Income earners by percent breakdown as 34.20% (Under $50,000), 38.10% ($50,000-$100,000), and 27.70% earn over $100,000. 4.2% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 84.3. The educational breakdown is 96.3% have a high school education or higher, 42.8% have a bachelor's degree or higher, and 13.7% have some kind of profesional degree.
This area has 7,183 households and the average size is 2.3 people. Individuals who are single and have never been married are 21.3%, 62.6% are now married, 0.8% are separated, 6.3% are widowed, and 9.0% are divorced. The average yearly contribution amount given by people to charity was $7,132 versus the state average of $4,525. The percent of residents who gave to charity was 36.1%.
The estimated median value of houses and condos is $222,255. The median monthly owner costs of mortgage holders was $1,661, where as the costs for those who don't have a mortgage are $629. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $4,437. 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 $4,733. 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 $4,135. Reported taxable interest for persons was $1,762, dividends $6,391, capital gains +$7,908, and itemized deductions $25,273. The average earned income tax credit is $1,753. The percent of individuals that use a tax preparer is 49.7%. The total average income taxes paid by individuals was $11,090. Businesses reported an average profit of $13,446.
Steak & Fries of Morton
315 S Main St, Morton, IL 61550
Forge Steakhouse
25 E Adams St, Morton, IL 61550
La Gondola Spaghetti House
1917 S Main St, Morton, IL 61550
Ron & Janey Beetschen
34 Northmoor Ct, Morton, IL 61550
Schooner's of Morton
630 W Jackson St, Morton, IL 61550
Dq
214 S Main St, Morton, IL 61550
Kemp 208
208 N Main St, Morton, IL 61550
Carius Rootbeer Stand
214 S Main St, Morton, IL 61550
Paddy O'Flaherty's
201 E Ashland St, Morton, IL 61550
The Downtown Diner
115 W Saint Paul St, Morton, IL 61550
La Fiesta
837 W Jackson St, Morton, IL 61550
Lin's Buffet
756 W Jackson St, Morton, IL 61550
China Dragon
1047 W Jackson St, Morton, IL 61550
Mama Rae's Diner
149 S Main St, Morton, IL 61550
Four30 Scones
528 S Main St, Morton, IL 61550
Breaking Grounds
750 W Jefferson St, Morton, IL 61550
L Seibert
40 Prairie Village Pl, Morton, IL 61550
Judy's Restaurant
701 W Jackson St, Morton, IL 61550
Confectionery The Inc
131 S Plum Ave, Morton, IL 61550
Eli's
205 W Jefferson St, Morton, IL 61550
McDonal Restaurant
324 Northern Oaks Dr, Groveland, IL 61535 (5.2 miles away)
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