Census ACS · ZIP Code Tabulation Area

61416 Income Statistics for 2026

McDonough County, Illinois

Median household income

$28,750

Median household income ($28,750) is lower than McDonough County County ($54,962).

61416$28,750
McDonough County County$54,962
61475$85,000
61438$68,516
62326$65,000
61422$68,207
61420$69,375

Average household income

$47,590

Average household income ($47,590) is lower than McDonough County County ($71,772).

61416$47,590
McDonough County County$71,772
61475$93,566
61438$85,158
62326$77,225
61422$76,945
61420$74,939

Per-capita income

$24,706

Per-capita income ($24,706) is lower than McDonough County County ($32,336).

61416$24,706
McDonough County County$32,336
61475$48,937
61438$37,238
62326$32,787
61422$37,325
61420$30,368

Households earning $100k+

12.9%

Households earning $100k+ (12.9%) is lower than McDonough County County (24.0%).

6141612.9%
McDonough County County24.0%
6147547.9%
6143827.1%
6232625.1%
6142225.7%
6142027.5%

All demographics

Population
204
Households
116
Median age
45.3 yrs
Median household income
$28,750
Mean household income
$47,590
Per capita income
$24,706
Median home value
$49,300
Median gross rent
—
Owner-occupied housing
92.2%
Bachelor's degree or higher
6.9%
In labor force
62.9%
Poverty rate
25.5%
Households earning $100k+
12.9%
Population under 5
2.0%
Population age 18–34
22.1%
Population age 25–44
20.6%
Population age 45–64
27.9%
Population age 65+
22.5%
Hispanic or Latino
0.0%
Black (non-Hispanic)
1.0%
Asian (non-Hispanic)
0.0%
Unemployment rate
5.4%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/illinois/61416

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 61416 income statistics ($28,750 median)

ZIP Code Tabulation Area 61416 in Illinois is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 61416 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 204 people live in this ZCTA. Median household income here ($28,750) is lower than McDonough County County ($54,962). Operators sizing a local market often pair median income with mean income ($47,590) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Illinois·ZIP codes in McDonough County