| ZIP Code | 61240 |
|---|---|
| City | Coal Valley |
| State | Illinois (IL) |
| County | Rock Island County |
| Area Code | 309/861 |
| Elevation | 717 ft |
| Latitude | 41.423286 |
|---|---|
| Longitude | -90.43697 |
| Timezone | Chicago (DST) |
| FIPS | 17161 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs |
|---|---|
| Avg Household Size | 2.53 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 44.9% ▲ 16% above avg |
| Unemployment | 2.8% ▼ 44% below avg |
| No HS Diploma | 48 (1.2%) |
| HS Graduate | 1,082 (26.1%) |
| Some College | 543 (13.1%) |
| Associates | 610 (14.7%) |
| Bachelors | 482 (11.6%) |
| Graduate Degree | 1,378 (33.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $108,929 ▲ 43% above avg ↑ 43% since 2019 |
|---|---|
| Median Home Value | $231,000 ▼ 17% below avg ↑ 28% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Total Units | 2,561 |
| Vacant Units | 197 |
| Avg HH Size | 2.53 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,561 |
|---|---|
| Vacant | 197 |
| Owner Occupied | 93.6% |
| Renter Occupied | 6.4% |
| Avg HH Size | 2.53 |
ZIP code 61240 is located in Coal Valley, Illinois, within Rock Island County. With a population of 5,988, this is a lightly populated ZIP code with a mature community — the median age is 48.8 years. Economically, 61240 is a upper-middle-income ZIP code: the median household income of $108,929 is above the national average.
Real estate in ZIP code 61240 represents an affordable housing market. The median home value of $231,000 is below the national average. Homeownership is strong here — 93.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 61240 is primarily White (87.56%). Residents are well-educated — 44.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 2.7%. Household income has grown by 43% since 2019.
The unemployment rate in 61240 stands at 2.8%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 61240 in Coal Valley, IL is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 5,988 residents, a median household income of $108,929, and a median home value of $231,000, it offers a clear picture of life in this part of Illinois.