Interested in purchasing investment houses in the 61862 zip code in Penfield, IL?
The zip code 61862 is in both Champaign and Vermilion counties with a latitude of -87.951880000000 and longitude of 40.306320000000, is in the state of Illinois. The average asking price of houses and condos is $179,000.00 and the average sale price was $137,500.00. this regions is classified as the Champaign - Springfield metro area and consists of the following area codes: 217 and 447. The location in degrees is 40° 18' 22.752" N, 87° 57' 6.768" W. The county F.I.P.S. is 17019. The total land area is 40.3 square miles and the water area is 0.1 square miles. The elevation in this area is 709 - 768 feet. The zip code is on central standard time and observes daylight savings time.
The zip 61862 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 59, and H. Segment 59. The population was 570 in 2019 and 510 in 2010. This further breaks down to 290 males (50.9%) and 280 females (49.1%). The median age of residents is 46.6 years. The population of the greater Champaign-Urbana, IL area is 226,238. The population density (people per square mile) is 14. This zip code has a combined total of 235 houses and condos. There are 38 rented appartments. 17% of residents rent versus the 17% 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 $55,471 and the average salary is $40,168. The median household income of individuals is $56,836.00 and the average is $57,170.00. This zip code has a mean commute time to work of 31.0 minutes. The unemployment rate is 1.2%. Income earners by percent breakdown as 40.90% (Under $50,000), 42.60% ($50,000-$100,000), and 16.50% earn over $100,000. 3.4% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 85.1. The educational breakdown is 94.1% have a high school education or higher, 25.9% have a bachelor's degree or higher, and 9.7% have some kind of profesional degree.
This area has 197 households and the average size is 2.5 people. Individuals who are single and have never been married are 13.0%, 67.2% are now married, 0.7% are separated, 7.5% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $3,875 versus the state average of $4,525. The percent of residents who gave to charity was 16.7%.
The estimated median value of houses and condos is $186,871. The median monthly owner costs of mortgage holders was $1,310, where as the costs for those who don't have a mortgage are $580. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $3,080. 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 1.6% which amounted to an average tax amount of $2,829. 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 $3,418. Reported taxable interest for persons was $511, dividends $567, capital gains +$200, and itemized deductions $18,350. The average earned income tax credit is $1,300. The percent of individuals that use a tax preparer is 70.8%. The total average income taxes paid by individuals was $6,467. Businesses reported an average profit of $2,475.
Last Call
105 Main St, Penfield, IL 61862
Longbranch Steakhouse
310 S Main St, Gifford, IL 61847 (4 miles away)
Terry's
316 W State St, Potomac, IL 61865 (7.1 miles away)
Freeman Tavern
108 W Main St, Royal, IL 61871 (8.2 miles away)
Gustoso
361 Highland Dr, Rantoul, IL 61866 (10 miles away)
Casey's
521 S Main St, Rankin, IL 60960 (10.7 miles away)
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