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Annawan town, IL

ZIP 61234 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 61234

Median Home Value
$151,300
Median Rent
$483
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$972/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 61234 in Annawan town, IL, a household would need roughly $42,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $972. That sits below the local median household income ($84,028), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
78.9%+21% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
90.6%+4% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
8.5%-34% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
3.7%-93% vs US avg
x
Mortgage-Free
46.4%+21% vs US avg
x
$151,300
Home Value
$483
Rent
1963
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.4%
  • 1-unit attached0.0%
  • 2-9 units5.8%
  • 10+ units3.4%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,300
Median rent$483
Owner-occupied78.9%
Vacant3.6%
Price-to-income1.8x
Est. income to buy$42,000