61956 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Douglas County
Centroid: Latitude 39.863, Longitude -88.156
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 61956 has segments in 2 Counties (Champaign, Douglas).

Businesses Addresses: 71
PO Box Addresses: 18
Residential Addresses: 1,175

Multi-Family Addresses: 0
Single Family Addresses: 1,175

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Villa Grove, IL 61956 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,718 (100%)
Population in Households	2,718 (100.0%)
Population in Families	2,235 (82.2%)
Population in Group Quarters¹	0
Population Density	73
Diversity Index²	15


INCOME
Median Household Income	$55,715
Average Household Income	$67,931
% of Income for Mortgage⁴	8%
Per Capita Income	$28,167
Wealth Index⁵	60

HOUSING
Total HU (Housing Units)	1,305 (100%)
Owner Occupied HU	778 (59.6%)
Renter Occupied HU	349 (26.7%)
Vacant Housing Units	178 (13.6%)
Median Home Value	$106,905
Average Home Value	$133,644
Housing Affordability Index³	278

HOUSEHOLDS
Total Households	1,127
Average Household Size	2.41
Family Households	773
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Villa Grove, IL 61956 - Peer Comparisons by Rank and Percentile

The table below compares 61956 to the other 1,372 ZIP Codes in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.88%	-0.8%
Households	-0.67%	-0.67%
Families	-0.83%	-0.79%
Median Household Income		1.1%
Per Capita Income		1.82%
Owner Occupied HU		-0.6%

Variable Description	Rank	Percentile
Total Population	# 603	56th
Population Density	# 653	52nd
Median Household Income	# 789	43rd
Housing Affordability Index	# 910	66th
Per Capita Income	# 855	38th
Diversity Index	# 630	54th

Villa Grove, IL 61956 ZIP Code Profile

ZIP Code 61956: Basic Data & USPS Preferred City Name

Villa Grove, IL 61956 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Villa Grove, IL 61956 - Peer Comparisons by Rank and Percentile

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