Zip Code

61602

City

Peoria, IL

Population & Migration

What is the forecasted population for Zip code 61602 Peoria, IL?

Population census 2020
726
Forecasted population 2025
979
34.8% vs. 2020
Forecasted population 2030
1,119
54.1% vs. 2020

Zip code 61602 Peoria, IL population is forecasted to grow 34.8% by 2025 (30.1 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 979 people for 2025 zip code 61602 Peoria, IL will generate a good demand for housing, which is expected to have a deficit of 315 houses for 2030. Vacancy rate is 4.5 points above national US average.

Total homes available 2020
583
Estimated total home demand in 2030
898
Total homes balance inventory
315

Average Household Income in zip code 61602 Peoria, IL
from Internal Revenue Service

Average household income in 2021
$45,302

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 61602 Peoria, IL?

County total number of drinking water violations

342

+47%

232

County total number of drinking water contaminations

42

+91%

22

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