Illinois
Perry County
ZIP 62238
20,810 residents24 permits TTM$59,286 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$105,200
ACS 5-Year
Cap rate proxy
8.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.5%
HUD FMR ÷ ACS HHI
Net migration
+0.97%
IRS SOI
Permits (TTM)
24
Census BPS
Climate risk
72.1
FEMA NRI (0–100)
ZIP 62238
Median home value
$105,200
Gross yield
10.4%
Cap rate
8.1%
Rent gap
22.1%
Affordability
P/I: 1.8R/I: —
Section 8 detail
SAFMR: $916Rent: $714Gap: 28.3%
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 62237 | $148,343 | $916 | 7.4% | 5.8% | 22.1% |
| 62238 | $105,200county est. | $916 | 10.4% | 8.1% | 22.1% |
| 62274 | $133,537 | $916 | 8.2% | 6.4% | 22.1% |
| 62832 | $112,895 | $916 | 9.7% | 7.6% | 22.1% |
| 62888 | $124,612 | $916 | 8.8% | 6.9% | 22.1% |
Ranked by composite score
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Demographics
Owner-occupied
78.9%
Census ACS
Vacancy rate
12.8%
Census ACS
Bachelor's degree +
12.3%
Census ACS
Rent burdened
40.6%
Census ACS (>30% income)
Median age
42.2
Census ACS
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