Illinois

Franklin County

ZIP 62897

37,541 residents16 permits TTM$53,471 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$87,700

ACS 5-Year

Cap rate proxy

10.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.3%

HUD FMR ÷ ACS HHI

Net migration

+1.28%

IRS SOI

Permits (TTM)

16

Census BPS

Climate risk

80.9

FEMA NRI (0–100)

ZIP 62897

Median home value

$87,700

Gross yield

12.5%

Cap rate

10.6%

Rent gap

15.8%

Affordability

P/I: 1.6R/I:

Section 8 detail

SAFMR: $916Rent: $771Gap: 18.8%
ZIP code breakdown16 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
62812$113,638$9169.7%8.1%15.8%
62819$87,700county est.$91612.5%10.6%15.8%
62822$58,102$91618.9%15.9%15.8%
62825$87,700county est.$91612.5%10.6%15.8%
62836$87,700county est.$91612.5%10.6%15.8%

Ranked by composite score

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Demographics

Owner-occupied

74.8%

Census ACS

Vacancy rate

12.7%

Census ACS

Bachelor's degree +

17.1%

Census ACS

Rent burdened

39.9%

Census ACS (>30% income)

Median age

43.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026