ZIP Code 61880 -- Tolono, IL

Champaign | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.7x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
4,367
Unknown
Median Income
$85,536
Home Value
$227,900
Median Rent
$906
Median Age
36.30
Diversity Index
14.40
Very Low
Cost of Living
79.0
significantly below average
Unemployment
10.8%

About ZIP Code 61880

ZIP code 61880 in Tolono, Illinois is a unknown area with a population of 4,367. The median household income is $85,536, which is This is 14% above the national median of $75,000.. The median home value is $227,900, representing a price-to-income ratio of 2.7x . The cost of living is significantly below average with an index of 79.0 (the national average is 100). Residents have a median age of 36.30 years. Approximately 26.1% of adults hold a bachelor's degree or higher. This ZIP code is located in Champaign, IL.

Population & Age

Total Population
4,367
Median Age
36.30
Male Population
1,958
44.8%
Female Population
2,409
55.2%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
14.40 Very Low
White
93.0%
Black or African American
0.6%
Hispanic or Latino
0.6%
Asian
1.8%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
3.0%
Other Race
1.7%

Racial Composition

Income & Economy

Median Household Income
$85,536
Mean Household Income
$101,771
Per Capita Income
$40,416
Below Poverty Line
3.7%

This is 14% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$227,900
Median Rent
$906
Total Housing Units
1,790
Occupied Units
1,725
Vacant Units
65
3.6% vacancy
Median Year Built
1980
Owner Occupied
73.6%
Renter Occupied
26.4%
Price-to-Income Ratio 2.7x

Affordable housing market

Ownership vs Rental

Owner 73.6% Renter 26.4%

Education

High School Diploma or Higher 99.4%
Bachelor's Degree or Higher 26.1%
Graduate or Professional Degree 7.6%

Employment & Commuting

Civilian Labor Force
2,660
Employment Rate
89.3%
Unemployment Rate
10.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
85.2%
Carpool
7.0%
Public Transit
0.0%
Work from Home
5.0%

Cost of Living Index

79.0
significantly below average

The cost of living in ZIP code 61880 is 21.0% below the national average of 100.

0 National Avg (100) 200

Compare 61880 with:

Compare 61880 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Champaign

ZIP Code City Population Median Income
61820 Champaign 40,599 $27,539
61821 Champaign 28,611 $70,715
61801 Urbana 27,891 $36,180
61822 Champaign 27,642 $99,006
61802 Zcta 61802 20,293 $61,620
61853 Mahomet 14,831 $115,512

Frequently Asked Questions about ZIP Code 61880

ZIP code 61880 (Tolono, IL) has a total population of 4,367 according to the 2024 American Community Survey. The median age is 36.30 years.

The median household income in ZIP code 61880 is $85,536 per year, based on 2024 Census Bureau data. This is 14% above the national median of $75,000.

ZIP code 61880 is primarily located in Tolono, Illinois (IL). It falls within Champaign County.

The median home value in ZIP code 61880 is $227,900, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $906.

The median age in ZIP code 61880 is 36.30 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 61880 has a cost of living index of 79.04 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 61880, 26.13% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 7.64% hold a graduate or professional degree.

The unemployment rate in ZIP code 61880 is 10.75%, which is above the national average of 3.6%. About 5.01% 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.