Gilman, IL
Full City Profile · Illinois · Ford County County
3.6
/5.0
B+
Good
1,576
Population
649/sq mi density
$65,729
Median Income
$35,112 per capita
$108,900
Home Value
$142,409 Zillow
$702
Median Rent
21.0% income on rent
52°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$65,729 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$108,900 home value, $702/mo rent
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher
Housing Overview
Median Home Value
$108,900
61% below
US avg: $281,900
Median Rent
$702/mo
40% below
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
779
Median year built: 1958
Home Value by Source
Census Median
$108,900
Zillow (ZHVI)
$142,409
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.4%
Owner-Occupied
21.6%
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:
$702/mo
Affordability & Housing Stock
Rent Burden
21.0%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
78.4%
Complete Housing Data
Home Values
| Census Median Value | $108,900 |
| Zillow Home Value (ZHVI) | $142,409 |
Rent
| Census Median Rent | $702 |
| 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 | 78.4% |
| Renter-Occupied | 21.6% |
| Homeownership Rate | 78.4% |
| Total Housing Units | 779 |
| Median Year Built | 1958 |
| Rent Burden | 21.0% |