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Rental Insights for ZIP Code 61547 (Mapleton, IL)

Housing Rentals in ZIP Code 61547 (Mapleton, IL)

61547 ZIP Code in Illinois

A Detailed Housing Rental Snapshot of the ZIP Code 61547

ZIP Code 61547 is principally located in Mapleton, IL in Peoria County. The median housing rent payment in this Illinois region is $1,013 per month. About 5.3% of total housing units in this Peoria County ZIP Code are occupied by renters, while the estimated rental vacancy rate is zero.

The median rent in ZIP Code 61547 of $1,013 per month is 0% higher than the aggregate Illinois median monthly rent of $1,010, and is 5% lower than the $1,062 the median monthly rent in the U.S. overall. About 52.7% of residents in ZIP Code 61547 pay between $1,000 and $1,499 per month for rent. That is 75% higher than in Illinois overall, in which 30.1% of total state residents pay between $1,000 and $1,499 per month for housing. Just 16.4% of ZIP Code 61547 renters pay less than $500 for monthly rent.

ZIP Code 61547 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 61547

See the chart below for a comparison of monthly rental costs in ZIP Code 61547, Illinois, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 61547 along with those in the state of Illinois and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 61547

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 61547 Illinois U.S.
Less than $500 16.4% 10.4% 9.4%
$500 to $999 30.9% 38.8% 36.2%
$1,000 to $1,499 52.7% 30.1% 30.0%
$1,500 to $1,999 0.0% 12.8% 14.0%
$2,000 to $2,499 0.0% 4.7% 5.6%
$2,500 to $2,999 0.0% 1.8% 2.4%
$3,000 or more 0.0% 1.4% 2.4%

Rent Cost vs. Income in ZIP Code 61547

Renters in ZIP Code 61547 use an estimated 27.11% of their income to cover their monthly rent payments. That is about 8% lower than in Illinois overall. The estimate for Illinois overall is 29.36% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 61547 renters use about 9% less of their income to cover rent expense. Household income figures for ZIP Code 61547 come in higher than in Illinois as a whole. The median annual household income in ZIP Code 61547 of $94,559 sits approximately 44% higher than the overall Illinois median income of $65,886 and approximately 50% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 61547

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 61547, Illinois, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 61547 along with the same calculations in the state of Illinois and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 61547

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 61547 Illinois U.S.
Less than 15.0 percent 23.6% 14.1% 13.1%
15.0 to 19.9 percent 9.1% 13.6% 12.9%
20.0 to 24.9 percent 3.6% 13.1% 12.9%
25.0 to 29.9 percent 0.0% 11.2% 11.6%
30.0 to 34.9 percent 47.3% 8.6% 9.1%
35.0 percent or more 16.4% 39.4% 40.5%

Household Income in ZIP Code 61547

See the table below for the regional comparison of annual household income in ZIP Code 61547.

Income ZIP 61547 Illinois U.S.
Less than $10,000 0.6% 6.3% 6.0%
$10,000 to $14,999 1.8% 3.8% 4.3%
$15,000 to $24,999 3.3% 8.6% 8.9%
$25,000 to $34,999 2.3% 8.4% 8.9%
$35,000 to $49,999 7.2% 11.6% 12.3%
$50,000 to $74,999 15.8% 16.7% 17.2%
$75,000 to $99,999 23.8% 12.8% 12.7%
$100,000 to $149,999 24.6% 16.1% 15.1%
$150,000 to $199,999 11.4% 7.4% 6.8%
$200,000 or more 9.2% 8.3% 7.7%

Household Income in ZIP Code 61547

See the chart below for a comparison of annual household income figures in ZIP Code 61547, Illinois, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 61547 alongside the same figures for the state of Illinois and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 61547

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 61547.

ZIP 61547 Illinois U.S.
Median Housing Rent $1,013 $1,010 $1,062
Renter-Occupied Housing Units 5.3% 33.9% 36.0%
Rental Vacancy Rate 0.0% 6.2% 6.0%
Average Size of Renter-Occupied Unit 1.97 2.35 2.49
Average # of Bedrooms Per Unit 3.21 2.7 2.75
Percent of Income Spent on Rent 27.11% 29.36% 29.83%
Per Capita Income $41,409 $36,038 $34,103
Median Household Income $112,463 $92,395 $88,607
Living Below the Poverty Line 1.3% 8.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 61547

In ZIP Code 61547 (Mapleton, IL), and estimated 5.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 61547 is estimated at $41,409, which goes along with an estimated median household income of $112,463. About 1.3% of residents in this Peoria County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.97 occupants, while the units have an aggregate average size of 3.21 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.11% of their income on housing rental costs.

Rental FAQs for ZIP Code 61547

1

What is the median monthly rent in ZIP Code 61547?

Median rent for housing in ZIP Code 61547 in Peoria County in Illinois is approximately $1,013 per month.
2

Is it expensive to rent in ZIP Code 61547?

Rent in ZIP Code 61547 is higher than average in the state of Illinois overall. The median monthly rent of $1,013 in ZIP Code 61547 is approximately 0% higher than the Illinois median of $1,010. Additionally, median rent in this Mapleton, IL region ($1,013) is about 5% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 61547?

High-priced rentals are not common in the Mapleton, IL ZIP Code of 61547, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Illinois overall, approximately 1.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 61547?

Affordable rentals are less common in ZIP Code 61547 than in Illinois overall. The percentage of housing rentals in ZIP Code 61547 costing $999 or less per month (47.3%) is approximately 4% lower than the Illinois rate of 49.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 4% lower than the previously mentioned 61547 rate of 47.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 61547?

The most common range for rental cost in ZIP Code 61547 is between $1,000 and $1,499 per month. About 52.7% of renters in 61547 pay in this range for monthly rent. In comparison, approximately 30.1% of renters in the state of Illinois fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 61547 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 61547 is lower than the rental vacancy rate in the state of Illinois overall. Rental vacancy of 0.0% in ZIP Code 61547 is about 100% lower than the Illinois rate of 6.2%. Looking more broadly, rental vacancy in this Mapleton, IL region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 61547? How does it compare to other Illinois regions?

Median household income in ZIP Code 61547 is higher than in the state of Illinois overall. Annual household income of $94,559 in ZIP Code 61547 is about 44% higher than the Illinois median of $65,886. Additionally, median household income in this Mapleton, IL region ($94,559) is approximately 50% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 61547 spend on housing costs?

Renters in ZIP Code 61547 spend a lower amount of their income on rent costs than do renters in Illinois overall. Renters in ZIP Code 61547 spend an estimated 27.11% of their income on rent payments, which is about 8% lower than the overall Illinois estimated rate of 29.36%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% higher than the ZIP Code 61547 estimated rate of 27.11%.
9

Do renters in ZIP Code 61547 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 61547 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 61547 spending 30 percent or more of their income on rent costs (63.7%) is approximately 33% higher than the Illinois rate of 48% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 28% lower than the aforementioned 61547 rate of 63.7%.
10

What is the average household size of renter-occupied units in ZIP Code 61547?

The average household size of renter-occupied units in ZIP Code 61547 is lower than in the state of Illinois overall. Annual household size of 1.97 in ZIP Code 61547 is about 16% lower than the Illinois median of 2.35. Additionally, median household size in this Mapleton, IL region (1.97) is approximately 21% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Illinois ZIP Codes