Housing market/Illinois/ZIP 62477

ACS 2023 · FY2027 SAFMR

ZIP 62477 West Union, Clark County, Illinois

Clark County, IL · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
755
Households
313
Median HH income
$52,330
Renter share
18.9%
Median gross rent
$1,311
Vacancy
21.2%
Pop. change
-3.3%
2BR SAFMR
$1,520
SAFMR / rent
1.159×
2–49 unit stock
6
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62477 · IL — sent to you.

ZIP 62477 · IL

ACS median rent$1,311
2BR SAFMR$1,520
90% floor$1,368
110% ceiling$1,672

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 62477

  • 1-unit detached37293.7%
  • 2–4 units61.5%
  • Mobile194.8%
TypeUnitsShare
1-unit detached37293.7%
1-unit attached00.0%
2 units (duplex)61.5%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile194.8%

2–4 unit share 1.5% · 5–49 unit share 0.0% · combined 2–49 1.5%.

Units by bedrooms

Studio
0
1BR
0
2BR
186
3BR
139
4BR
72
5+
0

Rent burden

Rent ≥30% of income100.0%
Rent ≥50% of income76.3%
  • ACS median gross rent $1,311 (all bedrooms, occupied rentals).
  • Median contract rent $717.
  • Renters paying ≥30% of income 100.0%; ≥50% 76.3%.
  • FY2027 2BR SAFMR $1,520 (1.159× ACS median gross rent).

Population

755 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 62477 18.9% of occupied households are renters; vacancy is 21.2%; ACS median gross rent is $1,311; population changed -3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 6 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,520 versus ACS median gross rent of $1,311. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Illinois research

ZIP 62477 is a Census / HUD profile for Clark County, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

FAQ

What is the housing market like in ZIP 62477?

ZIP 62477 (Clark County, IL) has 755 residents, 313 households, a renter share of 18.9%, median household income of $52,330, and ACS 2023 median gross rent of $1,311. Vacancy is 21.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62477?

ACS counts 6 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 6 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62477?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,520. See the full schedule and 90–110% payment-standard band on the ZIP 62477 — West Union, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62477 is Census / HUD research for Clark County, IL. Jeff Crowe CRE does not list Illinois property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.