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61008 Income Statistics

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Comparison to Surrounding Areas

61008 Median Household Income

The median household income ($69,945) for 61008 is less than the median household income for 61114 ($80,930), 61038 ($94,267), 61065 ($109,226), 61107 ($69,982), 60135 ($84,333), 60145 ($91,304), 60146 ($77,443), 61011 ($152,250), 61012 ($95,938), 61016 ($97,500), Boone County ($80,502), Cherry Valley village ($78,125), and Timberlane village ($179,167). But it's more than 61108 ($59,783) and Belvidere city ($59,216).

61008$69,945
Belvidere city$59,216
Cherry Valley village$78,125
Timberlane village$179,167
Boone County$80,502

61008 Average Household Income

The average household income ($92,263) for 61008 is less than the average household income for 61114 ($107,344), 61016 ($115,007), 61065 ($107,573), 61107 ($95,154), 60135 ($109,786), 60145 ($99,915), 61011 ($168,761), 61012 ($98,644), Boone County ($100,719), Cherry Valley village ($94,698), and Timberlane village ($185,376). But it's more than 60146 ($86,035), 61038 ($88,038), 61108 ($71,647), and Belvidere city ($74,605).

61008$92,263
Belvidere city$74,605
Cherry Valley village$94,698
Timberlane village$185,376
Boone County$100,719

61008 Per-Capita Income

The per-capita income for 61008 is $35,094. The per capita income ($35,094) for 61008 is less than the per capita income for 61114 ($46,685), 61016 ($47,700), 61065 ($36,618), 61107 ($41,624), 60135 ($43,835), 60145 ($37,928), 61011 ($61,160), Boone County ($37,055), Cherry Valley village ($40,944), and Timberlane village ($58,995). But it's more than 60146 ($34,709), 61012 ($33,112), 61038 ($25,358), 61108 ($29,215), and Belvidere city ($29,682).

61008$35,094
Belvidere city$29,682
Cherry Valley village$40,944
Timberlane village$58,995
Boone County$37,055

61008 High Income Households

8.1% of households make over $200,000 a year. The percent high income households (8.1%) for 61008 is more than 61114 (11.6%), 61038 (0.0%), 61065 (8.0%), 61107 (8.4%), 61108 (3.3%), 60135 (13.7%), 60145 (7.6%), 60146 (2.6%), 61011 (39.6%), 61012 (3.1%), 61016 (13.3%), Boone County (9.2%), Belvidere city (3.2%), Cherry Valley village (4.8%), and Timberlane village (41.1%).

610088.1%
Belvidere city3.2%
Cherry Valley village4.8%
Timberlane village41.1%
Boone County9.2%

61008 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
61008$-1$83,068$85,950$48,560
Belvidere city$-1$68,038$80,095$44,455
Cherry Valley village$-1$99,007$118,679$51,719
Timberlane village$-1$150,781$204,688$76,875
Boone County$-1$100,486$103,170$51,555

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 61008 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
61008+/-$8,420+/-$6,193+/-$2,030+/-2.1%+/-$-1+/-$15,636+/-$15,020+/-$9,601
Belvidere city+/-$4,035+/-$4,934+/-$1,873+/-1.5%+/-$-1+/-$12,138+/-$8,808+/-$8,236
Cherry Valley village+/-$27,031+/-$9,653+/-$3,914+/-3.0%+/-$-1+/-$53,218+/-$3,826+/-$19,441
Timberlane village+/-$30,906+/-$21,466+/-$6,232+/-12.2%+/-$-1+/-$22,324+/-$42,551+/-$21,373
Boone County+/-$3,759+/-$4,637+/-$1,369+/-1.6%+/-$-1+/-$14,153+/-$12,916+/-$4,574