U.S. ZIP Code · IL61554
Tazewell County · Peoria, IL
Appreciation
- 1-year
- +9.6%
- 5-year / yr
- +7.7%
- 10-year / yr
- +4.2%
Relative price
- vs U.S.
- -51.0%
- vs metro
- -24.7%
- vs state
- -27.3%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 61554 is worth $139,056 — 24.7% below the Peoria, IL median. Over the past year, values have risen 9.6%. Homes here rent for a typical $969 a month — a 8.4% gross rental yield. The effective property tax rate is 1.9%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Tazewell County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- Relatively Moderate
- Heat wave
- Relatively Moderate
- Hurricane
- Very Low
- Tornado
- Relatively High
- Earthquake
- Relatively Low
- Winter weather
- Relatively Moderate
#Who lives here
#Migration
Household moves in and out of Tazewell County over a year, from IRS tax-return data.
- Net migration
- +158[5]
- Moved in
- 3,042
- Moved out
- 2,884
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 17
- Elementary
- 8
- Middle
- 5
- High
- 2
Pekin Community High School
High · Grades 9–12 · Pekin CSD 303
1,737 students
Wilson Intermediate School
Middle · Grades 4–6 · Pekin PSD 108
585 students
Washington Intermediate School
Middle · Grades 4–6 · Pekin PSD 108
408 students
Broadmoor Junior High School
Middle · Grades 7–8 · Pekin PSD 108
377 students
Edison Junior High School
Middle · Grades 7–8 · Pekin PSD 108
311 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 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.
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.
Owning and renting are roughly even.
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.
Frequently asked
- How much is a home worth in ZIP code 61554?
- The typical home in 61554 is worth $139,056, based on the Zillow Home Value Index.
- Are home values rising in 61554?
- Home values in 61554 are up 9.6% over the past year, and up 7.7% a year over five years.
- What is the typical rent in 61554?
- A typical home in 61554 rents for about $969 a month, a gross rental yield of 8.4%.
- What is the property tax rate in 61554?
- The effective property tax rate in 61554 is 1.9% — roughly $2,693 a year on a typical home.
- Who lives in 61554?
- ZIP code 61554 has a population of 40,577 and a median household income of $65,194.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Manito, IL
- Typical home
- $138,960
- Gross yield
- —
Lacon, IL
- Typical home
- $140,181
- Gross yield
- —
Wyoming, IL
- Typical home
- $137,221
- Gross yield
- —
Armington, IL
- Typical home
- $137,211
- Gross yield
- —
Washburn, IL
- Typical home
- $136,339
- Gross yield
- —
Toulon, IL
- Typical home
- $144,202
- Gross yield
- —
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