61016 ZIP Code – Cherry Valley, Illinois

61016 is a ZIP code serving Cherry Valley, Illinois in Winnebago County with a population of approximately 5,185 residents. Residents earn a median household income of $97,500, which is above the Illinois average and above the national figure. At $217,600, median home values run below the national average, with 89.7% owner-occupied housing (increasing). , with median rent coming in at $850 — below the national figure. Housing consists of 90% single-family (decreasing), 7% apartments (increasing).

Unemployment stands at 5.1%, which is near the U.S. rate. About 5.3% of residents live below the poverty line, well below the national rate. An estimated 29.1% of adults hold a bachelor's degree or higher, near the national average. The population has a median age of 46.7, near the national median. Nearby ZIP codes include 61112, 61108, 61109.

ZIP Code 61016 Data

Population 5,185
Median Household Income $97,500
Median Home Value $217,600
Median Rent $850
Median Age 46.7
Unemployment Rate 5.1%
Poverty Rate 5.3%
Bachelor's Degree or Higher 29.1%
State Illinois

ZIP 61016 vs. Illinois vs. U.S.

MetricZIP 61016IL Avg.U.S. Avg.
Population5,1859,19710k
Median Household Income$97k$75k$73k
Median Home Value$217k$176k$258k
Median Rent$850$984$1,088
Median Age46.742.543.2
Unemployment Rate5.1%5.2%5.0%
Poverty Rate5.3%11.4%13.3%
Bachelor's Degree or Higher29.1%25.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
61112 ROCKFORD 113 Not provided
61108 ROCKFORD 29,673 $59,783
61109 ROCKFORD 26,382 $58,242
61008 BELVIDERE 34,227 $69,945
61052 MONROE CENTER 1,038 $87,361