Home Affordability in 61101
Rockford, IL — Winnebago County
The median home price in ZIP code 61101 (Rockford) is $115,000 with a median household income of $42,000. The price-to-income ratio is 2.7x.
Median Home Price
$115,000
Median Income
$42,000
Price-to-Income
2.7x
Est. Affordable Home
$163,000
Property Tax Rate
2.80%
Annual Property Tax
$3,220
Cost of Living
84
Metro Area
Rockford MSA
Down Payment Scenarios for ZIP 61101
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $3,450 | $111,550 | Yes |
| 5% | $5,750 | $109,250 | Yes |
| 10% | $11,500 | $103,500 | Yes |
| 20% | $23,000 | $92,000 | No |
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