PlainZIP

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
$113,220
Median income
$237,000
Median home value
34.8%
Bachelor's or higher

The verdict

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.

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 Illinois average), while per-capita income is $49,211. 3.4% of residents live below the poverty line, and the unemployment rate reads 2.2%. Median home value sits at $237,000 (23% above the state average), median rent at - a month, and owner-occupancy at 94.1%.

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. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Rock Island County, letting you compare 61240 to its immediate surroundings rather than a national baseline alone.

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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 61240?

45.9

Median Age

52.0%

Male

48.0%

Female

2.3%

Foreign-Born

White 86.8%
African American 0.5%
Asian 0.9%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.1%
Hispanic or Latino 5.0%

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

$49,211

Per Capita Income

3.4%

Poverty Rate

2.2%

Unemployment Rate

21.2 min

Mean Commute Time

How ZIP 61240 ranks nationally

Coal Valley, IL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$113,220 Top 12% higher than 88% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 63.6%
Bachelor's Degree or Higher 34.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,508

Total Housing Units

2,259

Occupied Units

249

Vacant Units

2.56

Avg Household Size

Occupancy Type

Owner 94.1%
Renter 5.9%

$237,000

Median Home Value

+23% vs state

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.

residents

What this shows Among its immediate neighbors, ZIP 61240 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 61240 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

More ZIP Codes in Rock Island County

61265 standard
Moline, IL
Pop: 45,099
61201 standard
Rock Island, IL
Pop: 39,116
61244 standard
East Moline, IL
Pop: 24,053
61264 standard
Milan, IL
Pop: 10,548
61282 standard
Silvis, IL
Pop: 7,809
61275 standard
Port Byron, IL
Pop: 4,347

Related Areas

Rock Island County Coal Valley, IL Illinois

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.

Read our methodology to see how this data is sourced, computed, and verified.