Illinois

Wayne County

ZIP 62823

15,994 residents3 permits TTM$53,107 median HHI5 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 62823

Median home value

Gross yield

Buy Box score

0.2

Section 8 gap

Affordability

P/I: 2.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
628370.3
628950.3
628230.2
62446
62842

Sort by any column. Click a ZIP for detail.

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