61074, Savanna, IL

The 61074 zip code of Savanna, IL has a median home value of $128,000 and a median home equity value of $92,000. This is lower than the Illinois median home value of $174,500 and the national median home equity value of $141,700. The 61074 zip code also has a lower than average homeownership rate at just 54.5%. This is likely due to the high unemployment rate in this area as well as low incomes.

Despite these challenges, there are some positive indicators for the 61074 zip code. The average household income in this area is above the Illinois average and the percentage of households with children under 18 years old is below the state average. Additionally, there are more college graduates living in this zip code than in most others in Illinois. These factors may help to contribute to higher home values and homeowner equity over time.