61755, Mackinaw, IL

The 61755 zip code of Mackinaw, Illinois is located in the northern part of the state and has a population of about 2,000. The median home value in this zip code is $119,000 and the median home equity is $101,000. This means that approximately 58% of homes in this zip code are worth more than their mortgage balance and 42% are worth more than their home equity.

Mackinaw has a relatively low unemployment rate (3%) and a high average income ($60,000). This may be partially due to the presence of several large companies such as Ford Motor Company and Kimberly-Clark Corporation. These companies have been able to keep wages high while also providing good benefits to their employees. In addition, Mackinaw has seen an influx of new residents in recent years due to its excellent schools and affordable housing.

Despite these positive factors, there are some challenges that face residents in the 61755 zip code. One issue is that Mackinaw is not well-known outside of Illinois which can make it difficult for people to find jobs or invest money here. Additionally, there has been an increase in crime rates over the past few years which may be discouraging some potential homeowners from buying or investing in homes here. However, despite these challenges, overall housing prices and home equity values have remained stable or increased over the past few years which suggests that there is still strong demand for properties in this area.