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61031 Income Statistics

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Comparison to Surrounding Areas

61031 Median Household Income

The median household income ($72,639) for 61031 is less than the median household income for 61061 ($83,343), 61378 ($100,139), and Ogle County ($75,782). But it's more than 61006 ($69,028), 61021 ($59,930), 61057 ($-1), 61310 ($69,071), Lee County ($64,588), and Franklin Grove village ($55,278).

61031$72,639
Franklin Grove village$55,278
Lee County$64,588
Ogle County$75,782

61031 Average Household Income

The average household income ($78,840) for 61031 is less than the average household income for 61021 ($80,199), 61061 ($98,271), 61310 ($84,845), 61378 ($114,643), Lee County ($82,936), and Ogle County ($88,858). But it's more than 61006 ($77,496), 61057 ($-1), and Franklin Grove village ($74,893).

61031$78,840
Franklin Grove village$74,893
Lee County$82,936
Ogle County$88,858

61031 Per-Capita Income

The per-capita income for 61031 is $29,703. The per capita income ($29,703) for 61031 is less than the per capita income for 61021 ($32,806), 61310 ($36,744), 61378 ($38,715), 61006 ($33,185), 61061 ($42,929), Ogle County ($36,436), and Lee County ($33,491). But it's more than 61057 ($18,649) and Franklin Grove village ($28,647).

61031$29,703
Franklin Grove village$28,647
Lee County$33,491
Ogle County$36,436

61031 High Income Households

1.5% of households make over $200,000 a year. The percent high income households (1.5%) for 61031 is more than 61378 (12.6%), 61057 (0.0%), 61061 (8.4%), 61310 (3.4%), 61006 (0.0%), 61021 (5.9%), Ogle County (6.2%), Lee County (5.3%), and Franklin Grove village (2.3%).

610311.5%
Franklin Grove village2.3%
Lee County5.3%
Ogle County6.2%

61031 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
61031$51,875$89,028$72,656$43,125
Franklin Grove village$51,875$87,986$58,333$36,250
Lee County$51,146$78,529$76,185$46,776
Ogle County$51,853$85,924$83,343$52,888

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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 61031 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+
61031+/-$25,363+/-$12,404+/-$4,349+/-1.4%+/-$26,918+/-$13,088+/-$48,471+/-$15,228
Franklin Grove village+/-$11,359+/-$13,766+/-$4,757+/-2.1%+/-$26,918+/-$9,463+/-$19,989+/-$17,828
Lee County+/-$2,939+/-$4,000+/-$1,647+/-1.3%+/-$25,144+/-$8,004+/-$7,675+/-$3,420
Ogle County+/-$3,204+/-$3,132+/-$1,213+/-1.0%+/-$13,987+/-$7,384+/-$4,297+/-$6,992