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Data updated 2026-10-07

ZIP Code 61078 · Shannon, IL

Carroll County · pop 1,459 · ACS 2020–2024

The median household income in ZIP Code 61078 (Shannon, IL) is $75,769, higher than 46% of the other ZIP Codes in Illinois.

Its FHFA home price index changed +57.3% over the five years to 2025.

01 — Where it stands

$75,769
Median household income
± $8,833 MOE
$133,100
Median home value
± $19,592 MOE
$715
Median gross rent
18.9%
Poverty rate
Percentiles for ZIP Code 61078 within Carroll County, Illinois and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$75,769 ± $8,83383rd percentile (7 ZIP Codes compared)46th percentile (917 ZIP Codes compared)53rd percentile (22,922 ZIP Codes compared)
Per capita income$30,55833rd percentile (7 ZIP Codes compared)15th percentile (917 ZIP Codes compared)24th percentile (22,922 ZIP Codes compared)
Poverty rate18.9%83rd percentile (7 ZIP Codes compared)88th percentile (917 ZIP Codes compared)80th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher16.9%33rd percentile (7 ZIP Codes compared)21st percentile (917 ZIP Codes compared)23rd percentile (22,922 ZIP Codes compared)
Owner-occupied homes87.0%83rd percentile (7 ZIP Codes compared)79th percentile (917 ZIP Codes compared)82nd percentile (22,922 ZIP Codes compared)
Housing vacancy rate17.0%50th percentile (7 ZIP Codes compared)91st percentile (917 ZIP Codes compared)76th percentile (22,922 ZIP Codes compared)
Median home value$133,100 ± $19,59266th percentile (7 ZIP Codes compared)28th percentile (916 ZIP Codes compared)14th percentile (22,833 ZIP Codes compared)
Median gross rent$71516th percentile (7 ZIP Codes compared)12th percentile (917 ZIP Codes compared)10th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.37333rd percentile (7 ZIP Codes compared)18th percentile (917 ZIP Codes compared)13th percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$66,84733rd percentile (7 ZIP Codes compared)35th percentile (912 ZIP Codes compared)44th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more4.3%83rd percentile (7 ZIP Codes compared)47th percentile (912 ZIP Codes compared)53rd percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+57.3%83rd percentile (7 ZIP Codes compared)84th percentile (825 ZIP Codes compared)64th percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents27.466th percentile (7 ZIP Codes compared)76th percentile (917 ZIP Codes compared)74th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$50,19666th percentile (7 ZIP Codes compared)52nd percentile (912 ZIP Codes compared)55th percentile (22,551 ZIP Codes compared)

Percentile groups: Carroll County · Illinois · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+1.5%
1-year change
2024–2025
+57.3%
5-year change
2020–2025
+78.3%
10-year change
2015–2025

Home price index — ZIP Code 61078

Home price index, ZIP Code 61078, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 207.5 in 2025. Every value is listed in the data table below the chart.100150200250200020052010201520202025207.5

Derived from FHFA census-tract indexes, weighted by each tract's share of the ZIP Code's residential addresses (HUD crosswalk); annual changes chained into an index (2000 = 100). Annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 61078
YearIndexAnnual change
2000100.0+4.7%
2001104.3+4.3%
2002106.7+2.3%
2003107.5+0.7%
2004113.3+5.4%
2005115.4+1.8%
2006130.0+12.6%
2007131.1+0.9%
2008133.2+1.5%
2009131.8−1.1%
2010129.2−1.9%
2011122.3−5.3%
2012121.2−0.9%
2013121.3+0.1%
2014112.5−7.3%
2015116.3+3.4%
2016116.2−0.1%
2017123.6+6.3%
2018134.1+8.5%
2019132.4−1.3%
2020131.9−0.4%
2021145.6+10.4%
2022135.0−7.3%
2023188.6+39.7%
2024204.5+8.4%
2025207.5+1.5%

03 — Nearby ZIP Codes

ZIP Code 61078 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
61078Shannon, ILthis ZIP Code$75,769$133,10018.9%+57.3%
61046Lanark, IL6.0 mi$79,398$167,4008.0%+46.8%
61007Baileyville, IL7.5 mi$84,131$178,4329.2%+57.6%
61030Forreston, IL7.8 mi$71,655$157,2004.1%+42.6%
61062Pearl City, IL7.9 mi$66,667$196,9004.3%+52.9%
61032Freeport, IL11.5 mi$56,593$112,30017.9%+60.3%
61027Eleroy, IL11.5 mi$69,762$195,1000.0%+30.5%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

40
Establishments
199
Employees
$10.0M
Annual payroll
$50,196
Average pay per employee
Establishments by sector, ZIP Code 61078
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Other services820.0%9.5%2.1×
Wholesale trade615.0%4.4%3.4×
Construction512.5%9.6%1.3×
Transportation & warehousing512.5%3.3%3.7×
Finance & insurance37.5%5.5%1.4×
Administrative & support services37.5%5.3%1.4×
Accommodation & food services37.5%9.3%0.8×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.