| ZIP Code | 61862 |
|---|---|
| City | Penfield |
| State | Illinois (IL) |
| County | Champaign County |
| Area Code | 217/447 |
| Elevation | 715 ft |
| Latitude | 40.306027 |
|---|---|
| Longitude | -87.958606 |
| Timezone | Chicago (DST) |
| FIPS | 17019 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs ↓ 15% since 2019 |
|---|---|
| Avg Household Size | 3.00 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 1.7% ▼ 65% below avg |
| HS Graduate | 206 (53%) |
| Some College | 52 (13.4%) |
| Associates | 22 (5.7%) |
| Bachelors | 33 (8.5%) |
| Graduate Degree | 76 (19.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,917 ▲ 41% above avg ↑ 45% since 2019 |
|---|---|
| Median Home Value | $133,800 ▼ 52% below avg ↓ 21% since 2019 |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $647/mo ↓ 2% since 2019 |
| Total Units | 224 |
| Vacant Units | 23 |
| Avg HH Size | 3.00 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 224 |
|---|---|
| Vacant | 23 |
| Owner Occupied | 86.6% |
| Renter Occupied | 13.4% |
| Avg HH Size | 3.00 |
ZIP code 61862 is located in Penfield, Illinois, within Champaign County. With a population of 602, this is a sparsely populated ZIP code with a middle-aged community — the median age is 39.3 years. Economically, 61862 is a upper-middle-income ZIP code: the median household income of $107,917 is above the national average.
Real estate in ZIP code 61862 represents one of the more affordable housing markets in the country. The median home value of $133,800 is well below the national average. Renters can expect to pay around $647 per month in median rent. Homeownership is strong here — 86.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 21% since 2019.
The population of 61862 is primarily White (97.84%). Residents are moderately educated — 28.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 3.3%. Household income has grown by 45% since 2019.
The unemployment rate in 61862 stands at 1.7%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 89%.
Overall, ZIP code 61862 in Penfield, IL is characterized as upper-middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 602 residents, a median household income of $107,917, and a median home value of $133,800, it offers a clear picture of life in this part of Illinois.