61548, Metamora, IL

Metamora, IL is located in the 61548 zip code. According to the 2010 census, the population of Metamora was 2,527. The median household income was $51,875 and the median family income was $60,000. The home equity and home prices in Metamora are important factors to consider when analyzing the economy of this area.

The average home value in Metamora is $130,000. This is lower than the Illinois average of $174,500 but higher than the national average of $117,200. The percentage of homes with a mortgage in Metamora is lower than both the Illinois and national averages at 58%. This indicates that there are more homeowners who have equity in their homes than those who do not have a mortgage.

The percentage of homes that are owner-occupied in Metamora is higher than both the Illinois and national averages at 66%. This indicates that many residents here are able to take advantage of equity in their homes to finance other aspects of their lives. Additionally, there is a high concentration of single-family detached homes which may indicate that there are more affluent residents living in Metamora than elsewhere in Illinois or nationally.