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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 −9.8% YoY. inventory, +12.2% YoY, is the number to watch.
The median listing price is down 9.8% YoY while the median home got up 7.3% bigger, so value per square foot is down 7.1%.
U.S. Census ACS characteristics for ZIP 61605 itself, not its parent county.
Renters hold 57.5% of this ZIP's 5,797 occupied households, on a median household income of $26K.
| Measure | ZIP 61605 | Peoria County | Difference |
|---|---|---|---|
| Median Household Income | $26K | $65K | -$39K |
| Below Poverty Level | 40.2% | 15.7% | +24.5% |
| Median Age | 35.00 | 38.10 | -3.10 |
| Total Population | 13,424 | 179,645 | -- |
| Avg Household Size | 2.29 | 2.24 | +0.05 |
| Owner-Occupied | 42.5% | 67.0% | -24.5% |
| Worked From Home | 7.0% | 11.4% | -4.4% |
| Mean Commute | 18.80 | 19.20 | -0.40 |
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.