ZIP Code 61434 -- Galva, IL

Henry | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.8x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
2,971
Unknown
Median Income
$56,780
Home Value
$100,100
Median Rent
$781
Median Age
40.70
Diversity Index
24.60
Low
Cost of Living
47.5
significantly below average
Unemployment
3.0%

About ZIP Code 61434

ZIP code 61434 in Galva, Illinois is a unknown area with a population of 2,971. The median household income is $56,780, which is This is 24% below the national median of $75,000.. The median home value is $100,100, representing a price-to-income ratio of 1.8x . The cost of living is significantly below average with an index of 47.5 (the national average is 100). Residents have a median age of 40.70 years. Approximately 21.4% of adults hold a bachelor's degree or higher. This ZIP code is located in Henry, IL.

Population & Age

Total Population
2,971
Median Age
40.70
Male Population
1,414
47.6%
Female Population
1,557
52.4%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
24.60 Low
White
89.8%
Black or African American
0.4%
Hispanic or Latino
4.0%
Asian
0.7%
Native American
0.0%
Pacific Islander
0.1%
Two or More Races
8.7%
Other Race
0.3%

Racial Composition

Income & Economy

Median Household Income
$56,780
Mean Household Income
$77,135
Per Capita Income
$31,823
Below Poverty Line
16.3%

This is 24% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$100,100
Median Rent
$781
Total Housing Units
1,410
Occupied Units
1,207
Vacant Units
203
14.4% vacancy
Median Year Built
1938
Owner Occupied
79.8%
Renter Occupied
20.2%
Price-to-Income Ratio 1.8x

Affordable housing market

Ownership vs Rental

Owner 79.8% Renter 20.2%

Education

High School Diploma or Higher 91.6%
Bachelor's Degree or Higher 21.4%
Graduate or Professional Degree 5.7%

Employment & Commuting

Civilian Labor Force
1,391
Employment Rate
97.1%
Unemployment Rate
3.0%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
67.2%
Carpool
12.9%
Public Transit
0.0%
Work from Home
8.7%

Cost of Living Index

47.5
significantly below average

The cost of living in ZIP code 61434 is 52.5% below the national average of 100.

0 National Avg (100) 200

Compare 61434 with:

Compare 61434 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Henry

ZIP Code City Population Median Income
61443 Kewanee 13,456 $52,615
61254 Geneseo 12,135 $92,297
61241 Green rock 6,587 $80,000
61273 Orion 3,120 $99,032
61238 Cambridge 2,549 $64,583
61235 Atkinson 1,283 $61,932

Frequently Asked Questions about ZIP Code 61434

ZIP code 61434 (Galva, IL) has a total population of 2,971 according to the 2024 American Community Survey. The median age is 40.70 years.

The median household income in ZIP code 61434 is $56,780 per year, based on 2024 Census Bureau data. This is 24% below the national median of $75,000.

ZIP code 61434 is primarily located in Galva, Illinois (IL). It falls within Henry County.

The median home value in ZIP code 61434 is $100,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $781.

The median age in ZIP code 61434 is 40.70 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 61434 has a cost of living index of 47.48 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 61434, 21.37% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 5.65% hold a graduate or professional degree.

The unemployment rate in ZIP code 61434 is 2.95%, which is below the national average of 3.6%. About 8.65% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.