Cherry Valley, IL · standard
ZIP Code 61016
Winnebago County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,837
- 66/sq mi Moderate-density area
- $84,883
- Median income Above-median income area
- $231,200
- Median home value Near-median home value
- 29.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Cherry Valley pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 32%
- household income, US ZIPs
- Top 47%
- home value, US ZIPs
- 66
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 61016 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 61016 (Cherry Valley, IL) rose +7.5% from 2023 to 2024. The all-transactions index moved from 162.0 in 2023 to 174.2 in 2024 (2000 = 100).
ZIP code 61016 covers 73.1 square miles in Cherry Valley, Winnebago County, Illinois (a standard USPS delivery area), with a modest 4,837 residents on file, a density of 66 people per square mile, in the Chicago time zone.
ZIP 61016 lands in the middle-income range, with a median household income of $84,883 (6% above the average Illinois ZIP), while per-capita income is $47,198. The poverty rate is 5.4%, with unemployment at 5.6%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $231,200 (20% above the average Illinois ZIP), while 89.7% of occupied homes are owner-occupied and median rent is $1,021.
Educational attainment sits below the national norm: 29.8% of adults hold a bachelor's degree or higher, the median age is 46.2, and the average commute is 24 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Winnebago County, so 61016 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 61016
Top 5 sectors by establishment count in Cherry Valley, IL
Which industries have the most business establishments in ZIP 61016.
- Construction
Construction
16 establishments
- Manufacturing
Manufacturing
10 establishments
- Health care and social assistance
Health care and social assistance
9 establishments
- Retail trade
Retail trade
7 establishments
- Transportation and warehousing
Transportation and warehousing
7 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 61016, Cherry Valley, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
4,837
Population
73.1
Area (sq mi)
66
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 61016?
46.2
Median Age
49.1%
Male
50.9%
Female
8.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$84,883
Median Household Income
+6% vs state ZIP avg
$47,198
Per Capita Income
5.4%
Poverty Rate
5.6%
Unemployment Rate
23.7 min
Mean Commute Time
How ZIP 61016 ranks among Illinois ZIPs
Cherry Valley, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$84,883 Top 34% higher than 66% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
2,325housing units
2,325
Total Housing Units
2,244
Occupied Units
81
Vacant Units
2.43
Avg Household Size
Occupancy Type
$231,200
Median Home Value
+20% vs state ZIP avg
$1,021
Median Rent
1990
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.5%
YoY Change (2024)
174
HPI Index (2000 = 100)
+74%
Total Change Since 2000
Home values in ZIP 61016 have increased 7.5% over the past year (2024). Since 2000, this ZIP has seen +74% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.0% | 118 |
| 2021 | +12.6% | 133 |
| 2022 | +14.6% | 152 |
| 2023 | +6.7% | 162 |
| 2024 | +7.5% | 174 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 88 business establishments in ZIP 61016, employing approximately 1,046 people with a combined annual payroll of $76,658,000.
88
Businesses
1,046
Employees
$76.7M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 16 | 18.2% |
| Manufacturing | 10 | 11.4% |
| Health care and social assistance | 9 | 10.2% |
| Retail trade | 7 | 8.0% |
| Transportation and warehousing | 7 | 8.0% |
| Administrative and support and waste management and remediation services | 7 | 8.0% |
| Accommodation and food services | 7 | 8.0% |
| Wholesale trade | 6 | 6.8% |
| Real estate and rental and leasing | 5 | 5.7% |
| Finance and insurance | 4 | 4.5% |
| Other services (except public administration) | 4 | 4.5% |
| Arts, entertainment, and recreation | 3 | 3.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 61016 vs 61112 →
ZIP 61016 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 61008
Belvidere (61008)
34,311 residents
- 61107
Rockford (61107)
30,439 residents
- 61108
Rockford (61108)
28,550 residents
- 61109
Rockford (61109)
28,333 residents
- 61111
Loves Park (61111)
23,492 residents
- 61104
Rockford (61104)
19,269 residents
- 61114
Rockford (61114)
15,776 residents
- 61016 4,837
Cherry Valley (61016)
4,837 residents
- 60146 2,713
Kirkland (60146)
2,713 residents
What this shows Among its immediate neighbors, ZIP 61016 ranks #8 by population - useful context the national average alone can't give.
ZIP 61016 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 61052
Monroe Center (61052)
$91,797 median income
- 60146
Kirkland (60146)
$88,032 median income
- 61114
Rockford (61114)
$85,568 median income
- 61016
Cherry Valley (61016)
$84,883 median income
- 61107
Rockford (61107)
$78,574 median income
- 61008
Belvidere (61008)
$76,604 median income
- 61108
Rockford (61108)
$64,415 median income
- 61109
Rockford (61109)
$62,973 median income
- 61111
Loves Park (61111)
$61,393 median income
What this shows By household income, ZIP 61016 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 61112 | Rockford, IL | 86 | 3.3 mi |
| 61109 | Rockford, IL | 28,333 | 5.5 mi |
| 61108 | Rockford, IL | 28,550 | 4.9 mi |
| 61052 | Monroe Center, IL | 1,148 | 6.6 mi |
| 61107 | Rockford, IL | 30,439 | 6.6 mi |
| 61008 | Belvidere, IL | 34,311 | 6.3 mi |
| 61114 | Rockford, IL | 15,776 | 7.9 mi |
| 60146 | Kirkland, IL | 2,713 | 7.6 mi |
| 61104 | Rockford, IL | 19,269 | 7.7 mi |
| 61111 | Loves Park, IL | 23,492 | 9.9 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 61016, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (4,837 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Winnebago County
Related Areas
Frequently Asked Questions
What county is ZIP code 61016 in?
ZIP code 61016 (Cherry Valley) is located in Winnebago County, Illinois. Winnebago County contains multiple ZIP codes, see the full list at /counties/winnebago-il.
What is the population of ZIP code 61016?
ZIP code 61016 in Cherry Valley, IL has a population of 4,837 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 61016?
The median household income in ZIP 61016 is $84,883, which is 11% above the national average of $76,288.
What is the average home value in ZIP 61016?
The median home value in ZIP 61016 is $231,200, which is 17% below the national average of $278,155.
What is the demographic makeup of ZIP 61016?
The largest racial group in ZIP 61016 is White at 76.6%. Hispanic or Latino residents make up 16.5% of the population.
How many businesses are in ZIP code 61016?
ZIP code 61016 has 88 business establishments employing approximately 1,046 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 61016?
The top industries by establishment count in ZIP 61016 are: Construction (16), Manufacturing (10), Health care and social assistance (9). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 61016?
According to the FHFA House Price Index, home values in ZIP 61016 increased by 7.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 74%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 61016?
In ZIP code 61016, 58.4% of residents aged 25+ have a high school diploma or higher, and 29.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 61016?
The mean commute time for workers in ZIP code 61016 is 23.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 61016?
In ZIP code 61016, approximately 89.7% of occupied housing units are owner-occupied and 10.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 61016?
The poverty rate in ZIP code 61016 is 5.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 61016's numbers, next.
- See how ZIP 61016 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cherry Valley, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.