61031 Map

61031 Income Statistics

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Comparison to Surrounding Areas

61031 Median Household Income

The median household income ($74,050) for 61031 is less than the median household income for 61061 ($86,663), 61310 ($75,417), 61378 ($84,464), and Ogle County ($79,244). But it's more than 61006 ($71,429), 61021 ($65,719), 61057 ($-1), Lee County ($68,459), and Franklin Grove village ($60,833).

61031$74,050
Franklin Grove village$60,833
Lee County$68,459
Ogle County$79,244

61031 Average Household Income

The average household income ($83,367) for 61031 is less than the average household income for 61021 ($87,051), 61310 ($86,802), 61378 ($107,979), 61006 ($87,632), 61061 ($104,284), Ogle County ($93,293), and Lee County ($88,472). But it's more than 61057 ($-1) and Franklin Grove village ($80,717).

61031$83,367
Franklin Grove village$80,717
Lee County$88,472
Ogle County$93,293

61031 Per-Capita Income

The per-capita income for 61031 is $32,426. The per capita income ($32,426) for 61031 is less than the per capita income for 61021 ($34,796), 61310 ($36,465), 61378 ($37,714), 61006 ($39,341), 61061 ($46,047), Ogle County ($38,251), and Lee County ($35,065). But it's more than 61057 ($11,080) and Franklin Grove village ($30,081).

61031$32,426
Franklin Grove village$30,081
Lee County$35,065
Ogle County$38,251

61031 High Income Households

2.8% of households make over $200,000 a year. The percent high income households (2.8%) for 61031 is less than the percent high income households for 61021 (7.0%), 61061 (10.3%), 61378 (12.1%), Lee County (6.3%), Ogle County (7.3%), and Franklin Grove village (4.4%). But it's more than 61006 (1.4%), 61057 (0.0%), and 61310 (2.4%).

610312.8%
Franklin Grove village4.4%
Lee County6.3%
Ogle County7.3%

61031 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
61031$54,423$92,625$65,875$51,625
Franklin Grove village$54,423$93,125$62,500$46,442
Lee County$63,444$75,763$82,844$53,899
Ogle County$53,415$91,908$87,639$59,369

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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 2023 5-year estimates. You can find this information and other demographics for 61031 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+/-$17,146+/-$13,718+/-$5,260+/-2.4%+/-$29,007+/-$7,367+/-$45,296+/-$10,971
Franklin Grove village+/-$17,632+/-$14,372+/-$4,414+/-3.6%+/-$29,007+/-$14,780+/-$26,489+/-$8,594
Lee County+/-$3,601+/-$4,635+/-$1,888+/-1.4%+/-$10,640+/-$6,302+/-$5,467+/-$5,096
Ogle County+/-$3,185+/-$3,378+/-$1,357+/-1.1%+/-$6,287+/-$5,333+/-$4,303+/-$5,279