ZIP Code 61604 -- Peoria, IL

Peoria | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.9x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
28,313
Unknown
Median Income
$52,414
Home Value
$100,300
Median Rent
$884
Median Age
40.20
Diversity Index
64.80
High
Cost of Living
51.0
significantly below average
Unemployment
6.8%

About ZIP Code 61604

ZIP code 61604 in Peoria, Illinois is a unknown area with a population of 28,313. The median household income is $52,414, which is This is 30% below the national median of $75,000.. The median home value is $100,300, representing a price-to-income ratio of 1.9x . The cost of living is significantly below average with an index of 51.0 (the national average is 100). Residents have a median age of 40.20 years. Approximately 22.5% of adults hold a bachelor's degree or higher. This ZIP code is located in Peoria, IL.

Population & Age

Total Population
28,313
Median Age
40.20
Male Population
13,875
49.0%
Female Population
14,438
51.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
64.80 High
White
56.9%
Black or African American
25.5%
Hispanic or Latino
8.1%
Asian
1.5%
Native American
0.1%
Pacific Islander
0.0%
Two or More Races
11.5%
Other Race
4.4%

Racial Composition

Income & Economy

Median Household Income
$52,414
Mean Household Income
$68,496
Per Capita Income
$29,724
Below Poverty Line
21.4%

This is 30% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$100,300
Median Rent
$884
Total Housing Units
13,202
Occupied Units
12,176
Vacant Units
1,026
7.8% vacancy
Median Year Built
1957
Owner Occupied
68.0%
Renter Occupied
32.1%
Price-to-Income Ratio 1.9x

Affordable housing market

Ownership vs Rental

Owner 68.0% Renter 32.1%

Education

High School Diploma or Higher 89.2%
Bachelor's Degree or Higher 22.5%
Graduate or Professional Degree 7.1%

Employment & Commuting

Civilian Labor Force
12,866
Employment Rate
93.2%
Unemployment Rate
6.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
75.7%
Carpool
8.3%
Public Transit
1.9%
Work from Home
10.5%

Cost of Living Index

51.0
significantly below average

The cost of living in ZIP code 61604 is 49.0% below the national average of 100.

0 National Avg (100) 200

Compare 61604 with:

Compare 61604 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Peoria

ZIP Code Population Median Income Home Value
61615 23,523 $79,817 $215,700
61605 13,424 $26,392 $47,400
61606 6,684 $39,196 $142,700
61602 1,163 $33,750 $231,000

Other ZIP Codes in Peoria

ZIP Code City Population Median Income
61614 Peoria heights 27,370 $66,924
61615 Peoria 23,523 $79,817
61603 Peoria heights 15,356 $41,618
61605 Peoria 13,424 $26,392
61525 Dunlap 12,357 $161,165
61607 Bartonville 10,600 $75,532

Frequently Asked Questions about ZIP Code 61604

ZIP code 61604 (Peoria, IL) has a total population of 28,313 according to the 2024 American Community Survey. The median age is 40.20 years.

The median household income in ZIP code 61604 is $52,414 per year, based on 2024 Census Bureau data. This is 30% below the national median of $75,000.

ZIP code 61604 is primarily located in Peoria, Illinois (IL). It falls within Peoria County.

The median home value in ZIP code 61604 is $100,300, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $884.

The median age in ZIP code 61604 is 40.20 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 61604 has a cost of living index of 50.96 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 61604, 22.47% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 7.10% hold a graduate or professional degree.

The unemployment rate in ZIP code 61604 is 6.83%, which is above the national average of 3.6%. About 10.49% 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.