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These days, finding an affordable place to live in the 61554 area can be challenging. Home prices in 61554 are now at a median cost of $141,700, lower than the Illinois average of $300,242.
The average cost of rent is $938/mo in 61554, primarily driven by the current value of real estate in the 61554 area. In 61554, 26.86% of households rent, and 35.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61554 is $5,866 per month. Households that rent pay about 15.99% of their income on rent here. 61554’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61535, IL: higher priced homes
- 61564, IL: less expensive homes
- 61610, IL: less expensive homes
- 61607, IL: higher priced homes
- 61547, IL: higher priced homes
- 61539, IL: less expensive homes
- 61605, IL: less expensive homes
- 61568, IL: higher priced homes
- 61602, IL: higher priced homes
- 61625, IL: higher priced homes
Zip Codes with Similar Populations
- 11358, NY: higher priced homes
- 75087, TX: higher priced homes
- 48227, MI: less expensive homes
- 44720, OH: higher priced homes
- 38125, TN: higher priced homes
- 78028, TX: higher priced homes
- 30815, GA: higher priced homes
- 27909, NC: higher priced homes
- 93706, CA: higher priced homes
- 77377, TX: higher priced homes
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