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Frequently Asked Questions

Is Central Park a good place to live?
Central Park is a good place to live. Central Park is considered somewhat walkable and somewhat bikeable with some transit options. Central Park is a suburban neighborhood. Central Park has 14 parks for recreational activities. It is somewhat dense in population with 9.0 people per acre and a median age of 35. The average household income is $46,662 which is below the national average. College graduates make up 19.7% of residents. A majority of residents in Central Park are renters, with 58% of residents renting and 42% of residents owning their home. A local real estate agent serving Central Park can help you decide if this neighborhood is the right one for you. Learn more on our Central Park neighborhood guide.
Is Central Park, IL a safe neighborhood?
Central Park, IL is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Central Park?
The median home price in Central Park is $125,000. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $27K a year to afford the median home price in Central Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Central Park is $47K.
What are the best public schools in Central Park?
The best public schools that serve Central Park are:
What are the best private schools in Central Park?
The best private schools that serve Central Park are:
What are the most popular zip codes in Central Park, Rockford, IL?
The most popular zip codes in Central Park, Rockford, IL include 61101, 61103, 61102, 61107 and 61104.
What are the most popular neighborhoods near Central Park, Rockford, IL?
The most popular neighborhoods near Central Park, Rockford, IL are Northwest United, West Gateway Coalition, North End Square, Signal Hill and Churchill's Grove.

Central Park Home Prices vs. Nearby Rockford, IL Neighborhoods

Central Park North End Square West Gateway Coalition Union Park Unites
Median Home Price
$125,000
$128,000
$104,900
$130,000
Median Sale Price
$125,000
+42% YoY
$130,000
+11% YoY
$100,000
+25% YoY
$122,500
+41% YoY
Median Single Family Price
$129,950
$130,000
$100,000
$120,000
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Seller's Market
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