Interested in purchasing investment houses in the 61603 zip code in Peoria, IL?
The zip code 61603 is in Peoria county with a latitude of -89.577240000000 and longitude of 40.713320000000, is in the state of Illinois. The average asking price of houses and condos is $66,151.00 and the average sale price was $40,975.00. this regions is classified as the Peoria - Bloomington metro area and is in the 309 area code. The location in degrees is 40° 42' 47.952" N, 89° 34' 38.064" W. The county F.I.P.S. is 17143. The total land area is 4.3 square miles and the water area is 0.1 square miles. The elevation in this area is 459 - 577 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61603 is in county number 143 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 16,877 in 2019 and 17,600 in 2010. This further breaks down to 8,297 males (49.2%) and 8,579 females (50.8%). The median age of residents is 32.1 years. The population of the greater Peoria, IL area is 376,630. The population density (people per square mile) is 3,936. This zip code has a combined total of 7,976 houses and condos. There are 3,339 rented appartments. 53% of residents rent versus the 53% 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 $29,315 and the average salary is $26,341. The median household income of individuals is $36,207.00 and the average is $32,660.00. This zip code has a mean commute time to work of 17.2 minutes. The unemployment rate is 14.3%. Income earners by percent breakdown as 65.20% (Under $50,000), 27.80% ($50,000-$100,000), and 7.00% earn over $100,000. 31.1% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 83.5. The educational breakdown is 79.9% have a high school education or higher, 15.8% have a bachelor's degree or higher, and 5.3% have some kind of profesional degree.
This area has 6,584 households and the average size is 2.6 people. Individuals who are single and have never been married are 52.1%, 26.2% are now married, 1.6% are separated, 5.8% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $4,014 versus the state average of $4,525. The percent of residents who gave to charity was 7.6%.
The estimated median value of houses and condos is $74,527. The median monthly owner costs of mortgage holders was $914, where as the costs for those who don't have a mortgage are $352. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $1,426. 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 $1,566. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,223. Reported taxable interest for persons was $469, dividends $3,187, capital gains +$1,568, and itemized deductions $14,898. The average earned income tax credit is $2,719. The percent of individuals that use a tax preparer is 50.1%. The total average income taxes paid by individuals was $5,324. Businesses reported an average profit of $6,353.
Alexander's Steakhouse
100 Alexander Ave, Peoria, IL 61603
Chinatown Kitchen
1800 N Knoxville Ave Spc 5, Peoria, IL 61603
China Express
1905 N Knoxville Ave, Peoria, IL 61603
Trefzger's Bakery
3504 N Prospect Rd, Peoria, IL 61603
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