Illinois

Wayne County

ZIP 62446

15,994 residents3 permits TTM$53,107 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$109,400

ACS 5-Year

Cap rate proxy

6.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.3%

HUD FMR ÷ ACS HHI

Net migration

+0.47%

IRS SOI

Permits (TTM)

3

Census BPS

Climate risk

40.7

FEMA NRI (0–100)

ZIP 62446

Median home value

$109,400

Gross yield

10.0%

Cap rate

6.9%

Rent gap

31.0%

Affordability

P/I: 3.2R/I:

Section 8 detail

SAFMR: $916Rent: $632Gap: 44.9%
ZIP code breakdown12 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
62446$109,400county est.$91610.0%6.9%31.0%
62809$109,400county est.$91610.0%6.9%31.0%
62823$152,163$9167.2%5.0%31.0%
62833$109,400county est.$91610.0%6.9%31.0%
62837$120,307$9169.1%6.3%31.0%

Ranked by composite score

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Demographics

Owner-occupied

78.9%

Census ACS

Vacancy rate

11.0%

Census ACS

Bachelor's degree +

16.2%

Census ACS

Rent burdened

33.2%

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