| ZIP Code | 61603 |
|---|---|
| City | Peoria |
| State | Illinois (IL) |
| County | Peoria County |
| Area Code | 309/861 |
| Elevation | 496 ft |
| Latitude | 40.709838 |
|---|---|
| Longitude | -89.575458 |
| Timezone | Chicago (DST) |
| FIPS | 17143 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.4 yrs ↑ 14% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 28.8% ▲ 188% above avg |
| College Grads | 23.4% ▼ 40% below avg |
| Unemployment | 15.3% ▲ 213% above avg |
| No HS Diploma | 149 (1.7%) |
| HS Graduate | 3,466 (38.9%) |
| Some College | 1,726 (19.4%) |
| Associates | 1,489 (16.7%) |
| Bachelors | 686 (7.7%) |
| Graduate Degree | 1,401 (15.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,405 ▼ 47% below avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $73,100 ▼ 74% below avg ↑ 8% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $976/mo ↑ 16% since 2019 |
| Total Units | 8,291 |
| Vacant Units | 1,490 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,291 |
|---|---|
| Vacant | 1,490 |
| Owner Occupied | 53.3% |
| Renter Occupied | 46.7% |
| Avg HH Size | 2.23 |
ZIP code 61603 is located in Peoria, Illinois, within Peoria County. With a population of 15,430, this is a moderately populated ZIP code with a relatively young community — the median age is 36.4 years. Economically, 61603 is a working-class ZIP code: the median household income of $40,405 is below the national average.
Real estate in ZIP code 61603 represents one of the more affordable housing markets in the country. The median home value of $73,100 is well below the national average. Renters can expect to pay around $976 per month in median rent. The area has a relatively balanced mix of owners (53.3%) and renters (46.7%). Median home values have increased by 8% since 2019.
The population of 61603 is racially diverse, with Black as the largest group at 42.6%. Residents are less-educated — 23.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 28.8%. Household income has grown by 24% since 2019.
The unemployment rate in 61603 stands at 15.3%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 61603 in Peoria, IL is characterized as working-class, less-educated, and a relatively young community. With 15,430 residents, a median household income of $40,405, and a median home value of $73,100, it offers a clear picture of life in this part of Illinois.