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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +1.1% YoY. inventory, +22.1% YoY, is the number to watch.
The median listing price is up 1.1% YoY while the median home got down 9.6% bigger, so value per square foot is down 2.6%.
U.S. Census ACS characteristics for ZIP 61603 itself, not its parent county.
Renters hold 47.1% of this ZIP's 6,674 occupied households, on a median household income of $42K.
| Measure | ZIP 61603 | Peoria County | Difference |
|---|---|---|---|
| Median Household Income | $42K | $65K | -$23K |
| Below Poverty Level | 30.2% | 15.7% | +14.5% |
| Median Age | 34.10 | 38.10 | -4.00 |
| Total Population | 15,356 | 179,645 | -- |
| Avg Household Size | 2.26 | 2.24 | +0.02 |
| Owner-Occupied | 52.9% | 67.0% | -14.1% |
| Worked From Home | 4.9% | 11.4% | -6.5% |
| Mean Commute | 17.50 | 19.20 | -1.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 179,645: residents under 18 are down 0.2% and those 65 and over are up 1.8%.
County median household income is $65K, 15.7% of residents are below the poverty level, 11.4% work from home.