Illinois

Greene County

ZIP 62016

11,837 residents1 permits TTM$60,976 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$94,400

ACS 5-Year

Cap rate proxy

10.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.7%

HUD FMR ÷ ACS HHI

Net migration

+1.12%

IRS SOI

Permits (TTM)

1

Census BPS

Climate risk

13.0

FEMA NRI (0–100)

ZIP 62016

Median home value

$152,370

Gross yield

7.8%

Cap rate

6.3%

Rent gap

19.4%

Affordability

P/I: 2.5R/I:

Section 8 detail

SAFMR: $992Rent: $800Gap: 24.0%
ZIP code breakdown10 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
62016$152,370$9927.8%6.3%19.4%
62027$94,400county est.$99212.6%10.2%19.4%
62044$132,901$9929.0%7.2%19.4%
62050$94,400county est.$99212.6%10.2%19.4%
62054$94,400county est.$99212.6%10.2%19.2%

Ranked by composite score

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Demographics

Owner-occupied

76.8%

Census ACS

Vacancy rate

22.2%

Census ACS

Bachelor's degree +

16.3%

Census ACS

Rent burdened

26.0%

Census ACS (>30% income)

Median age

43.1

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