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Compare 61540 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Lacon just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 1,173 neighbors looking to save on their home insurance policy in the local 61540 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 61540. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Illinois rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Lacon, IL home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Lacon, IL

61540 Home Insurance Average Premiums

Local 61540 homeowners insurance quotes comparison

$590 /yr.

Shows Zip Code: 61540 lowest rates with discounts applied on average.

For the 61540, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$590 /yr.
Average Coverage:$840 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1140 /yr.

What is the average home insurance cost for a home in 61540?

  • • The average homeowners insurance premium paid annually for a home in 61540 is around $840 per year.

What does it cost on average per month for home insurance in 61540?

  • • Homeowners in 61540 pay a monthly average cost per month around $70.00.

What kind of discount could I get if I combine my home and auto insurance together in 61540?

  • • Autoowners in 61540 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Lacon area, check out other zip codes nearby 61540.
Review average rates in another zip code:
61540 homeowners insurance rates

Home Replacement Cost Coverage in 61540

Average Building Cost Per Square Foot in 61540: $154

Location: Lacon, Illinois (Marshall County)

Average Square Footage in 61540: 800 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 61540 before you start any project. Lacon homeowners pay on average around $154 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 61540 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 61540 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 800 sq. ft. and the average cost to rebuild the home in this area is around $154 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Lacon area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$154800$123,200
Additional Upgrades & Added Features$193800$154,000
Major Home Updates or Advancements$231800$184,800

It's important to understand that when you estimate your replacement cost of your home in the 61540 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 61540

Best Home & Auto Insurance Agencies in 61540

Housing Demographics for 61540

Population Review for 61540 Zip Code

For the city of Lacon, the population within 61540 has increased to over 2,605 residents in population size. The current population total is 2,741. We have broken down the population based on race below. In 61540, there are over 1325 in male population and 1416 females.

PopulationValues
Total Population2,741
White Population2609
Black Population15
Hispanic Population47
Asian Population4
Hawaiian Population0
Indian Population6
Other Population6
Male Population1325
Female Population1416
Population Estimate2605

Household Data for 61540

The average number of homes in 61540 is around 1,173, there are an average of 2.26 per household. The average house value according to local real estate values is around $123,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,173
Persons Per Household2.26
Average House Value$123,200
Income Per Household$67031
Median Age45.7
Median Age Male44.0
Median Age Female47.9
61540 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code309
CityLacon
City Alias NameLACON
CountyMarshall
County FIPS123
State FIPS17
Time Zone6
Day Light SavingY
MSA
PMSA
CSA427
CBSA37900
CBSA_DIV
CBSA_TypeMetro
CBSA_NamePeoria, IL
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses74
Number Of Employees531
Business First Quarter Payroll4520
Business Annual Payroll24827
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population379186
CBSA Division Population0
Congressional District16
Congressional LandArea7917.49
Delivery Residential1153
Delivery Business80
Delivery Total1338
Preferred Last Line KeyW13594
Classification Code
Multi-County
CSA NamePeoria-Canton, IL
CBSA_DIV_Name
City State KeyW13594
Land Area52.654000
Water Area6.358000
City Alias Code
City Mixed CaseLacon
City Alias Mixed CaseLacon
Box Count53
SFDU1074
MFDU53
State ANSI17
County ANSI123
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number164206
Unique ZIP Name
SSA State County Code14700
Medicare CBSA Code37900
Medicare CBSA NamePeoria, IL
Medicare CBSA TypeMetro
Market Rating Area ID7
County Mixed CaseMarshall

Illinois Homeowners Insurance News & Information

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