How much is a home worth in ZIP code 61102?

The typical home in 61102 is worth $118,430, based on the Zillow Home Value Index.

Are home values rising in 61102?

Home values in 61102 are up 10.1% over the past year, and up 10.2% a year over five years.

What is the typical rent in 61102?

A typical home in 61102 rents for about $1,561 a month, a gross rental yield of 15.8%.

What is the property tax rate in 61102?

The effective property tax rate in 61102 is 2.1% — roughly $2,518 a year on a typical home.

ZIP code 61102 has a population of 15,937 and a median household income of $46,599.

HousingHandbookReference data

…

U.S. ZIP Code · IL61102

Winnebago County · Rockford, IL

Typical home value

$118,430^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +10.1%
5-year / yr: +10.2%
10-year / yr: +11.9%

Relative price

vs U.S.: -58.3%
vs metro: -48.9%
vs state: -38.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 61102 is worth $118,430 — 48.9% below the Rockford, IL median. Over the past year, values have risen 10.1%. Homes here rent for a typical $1,561 a month — a 15.8% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,561^[2]
Gross yield: 15.8%^[2]
Cap rate: 9.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.1%^[3]
Typical annual tax: $2,518^[3]

#Climate risk

FEMA National Risk Index ratings for Winnebago County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 15,937^[3]
Median household income: $46,599^[3]

#Migration

Household moves in and out of Winnebago County over a year, from IRS tax-return data.

Net migration: -385^[5]
Moved in: 5,375
Moved out: 5,760

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 0

Rockford Envrnmntl Science Acad
Middle · Grades 6–8 · Rockford SD 205
1,032 students
Barbour Two-Way Lang Immersion
Elementary · Grades K–8 · Rockford SD 205
629 students
Washington Elementary School
Elementary · Grades K–5 · Rockford SD 205
485 students
Ellis Elementary School
Elementary · Grades K–5 · Rockford SD 205
460 students
Julia Lathrop Elem School
Elementary · Grades K–5 · Rockford SD 205
335 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield15.8%

Net yield (after ~40% expenses)9.5%

Annual rent$18,732

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$599

Loan principal$94,744

Down payment$23,686

Total interest paid$120,841

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.58

Monthly cost to own$908

Monthly rent$1,561

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 81st percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 52nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 61102?: The typical home in 61102 is worth $118,430, based on the Zillow Home Value Index.
Are home values rising in 61102?: Home values in 61102 are up 10.1% over the past year, and up 10.2% a year over five years.
What is the typical rent in 61102?: A typical home in 61102 rents for about $1,561 a month, a gross rental yield of 15.8%.
What is the property tax rate in 61102?: The effective property tax rate in 61102 is 2.1% — roughly $2,518 a year on a typical home.
Who lives in 61102?: ZIP code 61102 has a population of 15,937 and a median household income of $46,599.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

61101 vs 61102 →
Rockford, IL
Typical home
$113,235
Gross yield
13.1%
61104 vs 61102 →
Rockford, IL
Typical home
$112,107
Gross yield
11.7%
61103
Rockford, IL
Typical home
$149,116
Gross yield
8.8%
61108
Rockford, IL
Typical home
$186,560
Gross yield
8.9%
61109
Rockford, IL
Typical home
$189,884
Gross yield
6.9%
61111
Loves Park, IL
Typical home
$201,075
Gross yield
11.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 61102 against any other ZIP — full side-by-side table.

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#Articles featuring this ZIP

Explainers, guides, and lists that use 61102 as an example.

Explainer
The 1% Rule in Real Estate: Does It Still Work in 2026?
The 1% rule still functions as a screen, but the markets where it works are narrower and riskier than the rule's defenders advertise. A data-grounded look at what passing it actually means in 2026.

#Jump to section

U.S. ZIP Code · IL61102

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