Interested in purchasing investment houses in the 61842 zip code in Farmer City, IL?
The zip code 61842 is in both De Witt and McLean counties with a latitude of -88.665810000000 and longitude of 40.239230000000, is in the state of Illinois. The average asking price of houses and condos is $130,391.00 and the average sale price was $134,607.00. this regions is classified as the Champaign - Springfield metro area and is in the 309 area code. The location in degrees is 40° 14' 21.228" N, 88° 39' 56.916" W. The county F.I.P.S. is 17039. The total land area is 99.5 square miles and the water area is 1.1 square miles. The elevation in this area is 709 - 801 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61842 is in county number 039 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 2,795 in 2019 and 2,984 in 2010. This further breaks down to 1,339 males (47.9%) and 1,456 females (52.1%). The median age of residents is 50.0 years. The population density (people per square mile) is 28. This zip code has a combined total of 1,427 houses and condos. There are 259 rented appartments. 21% of residents rent versus the 21% 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 $57,514 and the average salary is $42,388. The median household income of individuals is $55,084.00 and the average is $59,870.00. This zip code has a mean commute time to work of 22.1 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 44.00% (Under $50,000), 38.60% ($50,000-$100,000), and 17.40% earn over $100,000. 12.5% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 85.7. The educational breakdown is 91.9% have a high school education or higher, 24.7% have a bachelor's degree or higher, and 7.1% have some kind of profesional degree.
This area has 1,190 households and the average size is 2.3 people. Individuals who are single and have never been married are 15.8%, 60.9% are now married, 0.8% are separated, 6.6% are widowed, and 15.9% are divorced. The average yearly contribution amount given by people to charity was $3,544 versus the state average of $4,525. The percent of residents who gave to charity was 18.0%.
The estimated median value of houses and condos is $138,882. The median monthly owner costs of mortgage holders was $1,269, where as the costs for those who don't have a mortgage are $570. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $2,793. 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 2.1% which amounted to an average tax amount of $2,884. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.8% which amounted to an average tax amount of $2,746. Reported taxable interest for persons was $1,285, dividends $4,259, capital gains +$7,845, and itemized deductions $16,773. The average earned income tax credit is $2,030. The percent of individuals that use a tax preparer is 57.6%. The total average income taxes paid by individuals was $7,867. Businesses reported an average profit of $9,915.
The Fish Wagon
401 N Center St, Farmer City, IL 61842
Woody's 50's Diner
508 W Clinton Ave, Farmer City, IL 61842
Imo's Cafe
912 E Clinton Ave, Farmer City, IL 61842
The Golden Egg Pancake House
508 W Clinton Ave, Farmer City, IL 61842
Rosie's Mexican America Restaurant
508 W Clinton Ave, Farmer City, IL 61842
The Fish Wagon
401 W Clinton Ave, Farmer City, IL 61842
Chefs Kitchen
209 S Main St, Farmer City, IL 61842
Farmer City Cafe
912 E Clinton Ave, Farmer City, IL 61842
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