HousingHandbookReference data

U.S. ZIP Code · IL61104

Winnebago County · Rockford, IL

Typical home value

$112,107[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+15.4%
5-year / yr
+13.0%
10-year / yr
+14.0%

Relative price

vs U.S.
-60.5%
vs metro
-51.6%
vs state
-41.4%
ZIP 61104 location in IL
Location of ZIP 61104 in IL

Price history

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

The typical home in 61104 is worth $112,107 — 51.6% below the Rockford, IL median. Over the past year, values have risen 15.4%. Homes here rent for a typical $1,090 a month — a 11.7% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$1,090[2]
Gross yield
11.7%[2]
Cap rate
7.0%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$1,508[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
17,222[3]
Median household income
$33,772[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
3
Elementary
1
Middle
1
High
0
  • Abraham Lincoln Middle School

    Middle · Grades 6–8 · Rockford SD 205

    705 students

  • Constance Lane Elementary School

    Elementary · Grades K–5 · Rockford SD 205

    601 students

  • Beyer Early Childhood Center

    Prekindergarten · Grades PK · Rockford SD 205

    475 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.

Gross yield11.7%
Net yield (after ~40% expenses)7.0%
Annual rent$13,085

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.

Monthly payment$567
Loan principal$89,686
Down payment$22,421
Total interest paid$114,389

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.

Own : rent ratio0.72
Monthly cost to own$786
Monthly rent$1,090

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
95th percentile[1]
Rental yield
80th percentile[2]
Property tax
0th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 61104?
The typical home in 61104 is worth $112,107, based on the Zillow Home Value Index.
Are home values rising in 61104?
Home values in 61104 are up 15.4% over the past year, and up 13.0% a year over five years.
What is the typical rent in 61104?
A typical home in 61104 rents for about $1,090 a month, a gross rental yield of 11.7%.
What is the property tax rate in 61104?
The effective property tax rate in 61104 is 1.3% — roughly $1,508 a year on a typical home.
Who lives in 61104?
ZIP code 61104 has a population of 17,222 and a median household income of $33,772.

#Comparable ZIPs

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

  • Rockford, IL

    Typical home
    $113,235
    Gross yield
    13.1%
  • Rockford, IL

    Typical home
    $118,430
    Gross yield
    15.8%
  • Rockford, IL

    Typical home
    $149,116
    Gross yield
    8.8%
  • Rockford, IL

    Typical home
    $186,560
    Gross yield
    8.9%
  • Rockford, IL

    Typical home
    $189,884
    Gross yield
    6.9%
  • Loves Park, IL

    Typical home
    $201,075
    Gross yield
    11.0%

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