Coal Valley, IL · standard
ZIP Code 61240
Rock Island County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 5,870
- 62/sq mi Moderate-density area
- $113,220
- Median income Above-median income area
- $237,000
- Median home value Near-median home value
- 34.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Coal Valley pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 12%
- household income, US ZIPs
- Top 46%
- home value, US ZIPs
- 62
- people per sq mi
- 94%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 61240 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 61240 (Coal Valley, IL) rose +8.2% from 2023 to 2024. The all-transactions index moved from 169.7 in 2023 to 183.7 in 2024 (2000 = 100).
ZIP code 61240 is a mid-sized community (a standard USPS delivery area) in Coal Valley, Rock Island County, Illinois, home to 5,870 residents across 95.4 square miles, a density of 62 people per square mile, in the Chicago time zone.
ZIP 61240 skews affluent, with a median household income of $113,220 (41% above the average Illinois ZIP), while per-capita income is $49,211. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.4% and unemployment is 2.2%. Housing is both higher-cost and owner-heavy: median home value is $237,000 (23% above the average Illinois ZIP), while 94.1% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 34.8% of adults hold a bachelor's degree or higher, the median age is 45.9, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Rock Island County, so 61240 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 61240
Top 5 sectors by establishment count in Coal Valley, IL
Which industries have the most business establishments in ZIP 61240.
- Construction
Construction
11 establishments
- Retail trade
Retail trade
9 establishments
- Other services (except public administration)
Other services (except public administration)
8 establishments
- Manufacturing
Manufacturing
7 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
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 61240, Coal 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
5,870
Population
95.4
Area (sq mi)
62
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 61240?
45.9
Median Age
52.0%
Male
48.0%
Female
2.3%
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?
$113,220
Median Household Income
+41% vs state ZIP avg
$49,211
Per Capita Income
3.4%
Poverty Rate
2.2%
Unemployment Rate
21.2 min
Mean Commute Time
How ZIP 61240 ranks among Illinois ZIPs
Coal 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)
$113,220 Top 11% higher than 89% 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
2,508housing units
2,508
Total Housing Units
2,259
Occupied Units
249
Vacant Units
2.56
Avg Household Size
Occupancy Type
$237,000
Median Home Value
+23% vs state ZIP avg
1978
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
+8.2%
YoY Change (2024)
184
HPI Index (2000 = 100)
+84%
Total Change Since 2000
Home values in ZIP 61240 have increased 8.2% over the past year (2024). Since 2000, this ZIP has seen +84% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -0.7% | 132 |
| 2021 | +5.5% | 139 |
| 2022 | +15.1% | 160 |
| 2023 | +6.1% | 170 |
| 2024 | +8.2% | 184 |
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 81 business establishments in ZIP 61240, employing approximately 872 people with a combined annual payroll of $39,361,000.
81
Businesses
872
Employees
$39.4M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 11 | 13.6% |
| Retail trade | 9 | 11.1% |
| Other services (except public administration) | 8 | 9.9% |
| Manufacturing | 7 | 8.6% |
| Professional, scientific, and technical services | 7 | 8.6% |
| Transportation and warehousing | 6 | 7.4% |
| Real estate and rental and leasing | 6 | 7.4% |
| Administrative and support and waste management and remediation services | 6 | 7.4% |
| Health care and social assistance | 6 | 7.4% |
| Accommodation and food services | 6 | 7.4% |
| Wholesale trade | 3 | 3.7% |
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 61240 vs 61282 →
ZIP 61240 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 61265
Moline (61265)
45,099 residents
- 52722
Bettendorf (52722)
34,754 residents
- 61244
East Moline (61244)
24,053 residents
- 61282 7,809
Silvis (61282)
7,809 residents
- 61241 7,124
Colona (61241)
7,124 residents
- 61240 5,870
Coal Valley (61240)
5,870 residents
- 61273 3,316
Orion (61273)
3,316 residents
- 61256 1,822
Hampton (61256)
1,822 residents
- 61239 1,219
Carbon Cliff (61239)
1,219 residents
What this shows Among its immediate neighbors, ZIP 61240 ranks #6 by population - useful context the national average alone can't give.
ZIP 61240 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 61240
Coal Valley (61240)
$113,220 median income
- 52722
Bettendorf (52722)
$101,546 median income
- 61273
Orion (61273)
$99,032 median income
- 61256
Hampton (61256)
$90,406 median income
- 61241
Colona (61241)
$80,000 median income
- 61236
Barstow (61236)
$77,813 median income
- 61265
Moline (61265)
$66,933 median income
- 61282
Silvis (61282)
$64,398 median income
- 61244
East Moline (61244)
$63,819 median income
What this shows By household income, ZIP 61240 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 61282 | Silvis, IL | 7,809 | 4.9 mi |
| 61273 | Orion, IL | 3,316 | 4.6 mi |
| 61239 | Carbon Cliff, IL | 1,219 | 4.7 mi |
| 61265 | Moline, IL | 45,099 | 5.0 mi |
| 61244 | East Moline, IL | 24,053 | 7.0 mi |
| 52767 | Pleasant Valley, IA | 349 | 9.7 mi |
| 61236 | Barstow, IL | 193 | 7.1 mi |
| 61256 | Hampton, IL | 1,822 | 9.3 mi |
| 61241 | Colona, IL | 7,124 | 7.1 mi |
| 52722 | Bettendorf, IA | 34,754 | 9.9 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 61240, 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 (5,870 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Rock Island County
Related Areas
Frequently Asked Questions
What county is ZIP code 61240 in?
ZIP code 61240 (Coal Valley) is located in Rock Island County, Illinois. Rock Island County contains multiple ZIP codes, see the full list at /counties/rock-island-il.
What is the population of ZIP code 61240?
ZIP code 61240 in Coal Valley, IL has a population of 5,870 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 61240?
The median household income in ZIP 61240 is $113,220, which is 48% above the national average of $76,288.
What is the average home value in ZIP 61240?
The median home value in ZIP 61240 is $237,000, which is 15% below the national average of $278,155.
What is the demographic makeup of ZIP 61240?
The largest racial group in ZIP 61240 is White at 86.8%. Hispanic or Latino residents make up 5.0% of the population.
How many businesses are in ZIP code 61240?
ZIP code 61240 has 81 business establishments employing approximately 872 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 61240?
The top industries by establishment count in ZIP 61240 are: Construction (11), Retail trade (9), Other services (except public administration) (8). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 61240?
According to the FHFA House Price Index, home values in ZIP 61240 increased by 8.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 84%. 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 61240?
In ZIP code 61240, 63.6% of residents aged 25+ have a high school diploma or higher, and 34.8% 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 61240?
The mean commute time for workers in ZIP code 61240 is 21.2 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 61240?
In ZIP code 61240, approximately 94.1% of occupied housing units are owner-occupied and 5.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 61240?
The poverty rate in ZIP code 61240 is 3.4% 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 61240's numbers, next.
- See how ZIP 61240 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Coal 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.