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Bone Gap, IL
Full City Profile · Illinois · Wabash County County
2.4
/5.0
C
Fair
187
Population
322/sq mi density
$44,167
Median Income
$27,658 per capita
$67,000
Home Value
$127,952 Zillow
$481
Median Rent
35.6% income on rent
56°F
Avg Temperature
290 sunny days/yr
847
Violent Crime/100K
1,331 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$44,167 median income, 10.0% unemployment
A+
Affordability
5.0 / 5.0
$67,000 home value, $481/mo rent
F
Safety
1.0 / 5.0
847 violent crimes/100K (123% above avg)
D
Education
1.6 / 5.0
7.9% bachelor's degree or higher
Housing Overview
Median Home Value
$67,000
76% below
US avg: $281,900
Median Rent
$481/mo
59% below
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
84
Median year built: 1970
Home Value by Source
Census Median
$67,000
Zillow (ZHVI)
$127,952
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.3%
Owner-Occupied
16.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$481/mo
Affordability & Housing Stock
Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $67,000 |
| Zillow Home Value (ZHVI) | $127,952 |
Rent
| Census Median Rent | $481 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 84 |
| Median Year Built | 1970 |
| Rent Burden | 35.6% |