Peoria, IL — Demographics & Statistics
ZIP code 61602 serves a portion of Peoria, Illinois, within Peoria County. This community is home to approximately 41,867 residents, with a median age of 28.4 years. The median household income of $79,281 sits above the national median of $67,521, while median home values of $309,195 are above the national average of $301,500. The area has a owner-majority housing profile, with 65% owner-occupied and 35% renter-occupied units. Cost of living in this part of Peoria is lower than the national baseline, with an index of 91 (100 = national average). With a college-education rate of 22% and an unemployment rate of 8.6%, 61602 reflects the economic character of Peoria County in Illinois.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 41,867 | — |
| Population | Density (per sq mi) | 13,819 | — |
| Economics | Median Household Income | $79,281 | ↑ 17% vs nat'l avg |
| Economics | Median Home Value | $309,195 | ↑ 3% vs nat'l avg |
| Economics | Cost of Living Index | 91 | ↓ Lower than avg |
| Economics | Unemployment Rate | 8.6% | ↑ 121% vs nat'l avg |
| Economics | Below Poverty Line | 16.7% | ↑ 46% vs nat'l avg |
| Education | College Educated (25+) | 22% | ↓ 37% vs nat'l avg |
| Demographics | Median Age | 28.4 yrs | ↓ 26% vs nat'l avg |
| Housing | Owner-Occupied | 65% | — |
| Housing | Renter-Occupied | 35% | — |
| Housing | Total Housing Units | 20,096 | — |