Peoria, IL · Illinois

Tazewell County

ZIP 61564

130,555 residents120 permits TTM$76,704 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$164,500

ACS 5-Year

Cap rate proxy

6.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.0%

HUD FMR ÷ ACS HHI

Net migration

+1.45%

IRS SOI

Permits (TTM)

120

Census BPS

Climate risk

84.2

FEMA NRI (0–100)

ZIP 61564

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 1.4R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
615541.0
615710.9
616100.9
615460.9
617340.9
616110.9
617590.8
615340.8
617470.8
617330.8
615680.7
617550.7
615500.6
615350.5
61564
61721

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Demographics

Owner-occupied

77.5%

Census ACS

Vacancy rate

8.3%

Census ACS

Bachelor's degree +

28.4%

Census ACS

Rent burdened

38.5%

Census ACS (>30% income)

Median age

41.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026