ZIP comparison · Rockford, IL
61008 vs 61114
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP61008Belvidere, IL | ZIP61114Rockford, IL |
|---|---|---|
| Home value | ||
| Typical home value | $259,914 | Better: $267,685 |
| 1-year appreciation | +6.8% | Better: +7.2% |
| 5-year CAGR | +7.8% | Better: +9.1% |
| 10-year CAGR | +7.4% | Better: +8.0% |
| Rent & investment | ||
| Monthly rent | $1,995 | — |
| Gross yield | 9.2% | — |
| Cap rate | 5.5% | — |
| Property tax | ||
| Effective tax rate | Better: 2.1% | 2.8% |
| Typical annual tax | Better: $5,446 | $7,566 |
| Demographics | ||
| Population | 33,582 | 15,325 |
| Median household income | $76,604 | Better: $85,568 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Moderate |
| Net migration | Better: -175 | -385 |
| Schools | ||
| Public schools | 10 | 3 |
| Students enrolled | 7,035 | 3,053 |