61603, Peoria, IL

The 61603 zip code of Peoria, IL has a population of around 104,000 people. The median household income in this zip code is $59,000 which is above the Illinois median household income of $53,046. The home equity and home prices in this zip code are both above the Illinois average.

There are a total of 9,868 homes in the 61603 zip code. The average home value in this zip code is $167,500 which is above the Illinois average home value of $146,300. The percentage of homes that are owned by their occupants is 79% which is above the Illinois average of 66%. There are a total of 5,532 mortgages in this zip code and the percentage that are owned by their occupants is 17%. This percentage is below the Illinois average but it's still high compared to other states.

The 61603 zip code has a low mortgage default rate at 2%. This rate is below the Illinois average but it's still high compared to other states. There are also a lot of homeowners in this zip code with a mortgage that's worth more than 100% of their home's value. This percentage is below the Illinois average but it's still high compared to other states.