Illinois

Gallatin County

ZIP 62984

4,857 residents$54,626 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$84,700

ACS 5-Year

Cap rate proxy

7.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

11.0%

HUD FMR ÷ ACS HHI

Net migration

+0.45%

IRS SOI

Permits (TTM)

Census BPS

Climate risk

33.9

FEMA NRI (0–100)

ZIP 62984

Median home value

$84,700

Gross yield

13.0%

Cap rate

7.1%

Rent gap

45.4%

Affordability

P/I: 1.6R/I:

Section 8 detail

SAFMR: $916Rent: $500Gap: 83.2%
ZIP code breakdown5 ZIP codes

Numbers repeat across 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
62871$84,700county est.$91613.0%7.1%45.4%
62934$84,700county est.$91613.0%7.1%45.4%
62954$84,700county est.$91613.0%7.1%45.4%
62979$84,700county est.$91613.0%7.1%45.4%
62984$84,700county est.$91613.0%7.1%45.4%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

80.4%

Census ACS

Vacancy rate

16.4%

Census ACS

Bachelor's degree +

15.3%

Census ACS

Rent burdened

19.7%

Census ACS (>30% income)

Median age

47.3

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