ZIP comparison · Rockford, IL

61024 vs 61107

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.

MetricZIP61024Durand, ILZIP61107Rockford, IL
Home value
Typical home valueBetter: $221,403$221,080
1-year appreciation+8.9%Better: +9.2%
5-year CAGR+9.4%Better: +9.6%
10-year CAGR+7.8%Better: +8.4%
Rent & investment
Monthly rent$1,343
Gross yield7.3%
Cap rate4.4%
Property tax
Effective tax rateBetter: 2.0%2.5%
Typical annual taxBetter: $4,364$5,607
Demographics
Population2,31830,765
Median household income$70,750Better: $78,574
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-385-385
Schools
Public schools46
Students enrolled5053,126