ZIP Code 61537 -- Henry, IL

Marshall | 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
2,743
Unknown
Median Income
$67,404
Home Value
$118,200
Median Rent
$685
Median Age
46.20
Diversity Index
9.30
Very Low
Cost of Living
48.2
significantly below average
Unemployment
2.5%

About ZIP Code 61537

ZIP code 61537 in Henry, Illinois is a unknown area with a population of 2,743. The median household income is $67,404, which is This is 10% below the national median of $75,000.. The median home value is $118,200, representing a price-to-income ratio of 1.8x . The cost of living is significantly below average with an index of 48.2 (the national average is 100). Residents have a median age of 46.20 years. Approximately 21.0% of adults hold a bachelor's degree or higher. This ZIP code is located in Marshall, IL.

Population & Age

Total Population
2,743
Median Age
46.20
Male Population
1,396
50.9%
Female Population
1,347
49.1%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
9.30 Very Low
White
95.6%
Black or African American
0.5%
Hispanic or Latino
0.5%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
3.9%
Other Race
0.0%

Racial Composition

Income & Economy

Median Household Income
$67,404
Mean Household Income
$81,025
Per Capita Income
$35,933
Below Poverty Line
14.7%

This is 10% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$118,200
Median Rent
$685
Total Housing Units
1,355
Occupied Units
1,201
Vacant Units
154
11.4% vacancy
Median Year Built
1959
Owner Occupied
74.3%
Renter Occupied
25.7%
Price-to-Income Ratio 1.8x

Affordable housing market

Ownership vs Rental

Owner 74.3% Renter 25.7%

Education

High School Diploma or Higher 93.2%
Bachelor's Degree or Higher 21.0%
Graduate or Professional Degree 8.3%

Employment & Commuting

Civilian Labor Force
1,215
Employment Rate
97.5%
Unemployment Rate
2.5%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
85.6%
Carpool
2.6%
Public Transit
0.0%
Work from Home
9.2%

Cost of Living Index

48.2
significantly below average

The cost of living in ZIP code 61537 is 51.8% below the national average of 100.

0 National Avg (100) 200

Compare 61537 with:

Compare 61537 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Marshall

ZIP Code City Population Median Income
61540 Lacon 2,753 $78,824
61369 Toluca 1,594 $68,708
61377 Wenona 1,441 $57,321
61565 Sparland 1,262 $77,578
61375 Varna 989 $81,293
61541 La rose 97 $41,875

Frequently Asked Questions about ZIP Code 61537

ZIP code 61537 (Henry, IL) has a total population of 2,743 according to the 2024 American Community Survey. The median age is 46.20 years.

The median household income in ZIP code 61537 is $67,404 per year, based on 2024 Census Bureau data. This is 10% below the national median of $75,000.

ZIP code 61537 is primarily located in Henry, Illinois (IL). It falls within Marshall County.

The median home value in ZIP code 61537 is $118,200, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $685.

The median age in ZIP code 61537 is 46.20 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 61537 has a cost of living index of 48.16 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 61537, 21.03% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 8.30% hold a graduate or professional degree.

The unemployment rate in ZIP code 61537 is 2.47%, which is below the national average of 3.6%. About 9.22% 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.