Housing market/Illinois/ZIP 62675

ACS 2023 · FY2027 SAFMR

ZIP 62675 Petersburg, Cass County, Illinois

Cass 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
5,981
Households
2,585
Median HH income
$78,327
Renter share
24.2%
Median gross rent
$686
Vacancy
8.1%
Pop. change
+1.9%
2BR SAFMR
$1,140
SAFMR / rent
1.662×
2–49 unit stock
292
LIHTC proj / units
4 / 77
HUD assisted MF
3 / 159

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62675 · IL — sent to you.

ZIP 62675 · IL

ACS median rent$686
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62675

  • 1-unit detached2,38484.8%
  • 1-unit attached190.7%
  • 2–4 units1485.3%
  • 5–49 units1445.1%
  • 50+ units541.9%
  • Mobile632.2%
TypeUnitsShare
1-unit detached2,38484.8%
1-unit attached190.7%
2 units (duplex)1023.6%
3–4 units461.6%
5–9 units381.4%
10–19 units341.2%
20–49 units722.6%
50+ units541.9%
Mobile632.2%

2–4 unit share 5.3% · 5–49 unit share 5.1% · combined 2–49 10.4%.

Units by bedrooms

Studio
0
1BR
284
2BR
792
3BR
1,083
4BR
584
5+
69

Rent burden

Rent ≥30% of income46.7%
Rent ≥50% of income11.2%
  • ACS median gross rent $686 (all bedrooms, occupied rentals).
  • Median contract rent $497.
  • Renters paying ≥30% of income 46.7%; ≥50% 11.2%.
  • FY2027 2BR SAFMR $1,140 (1.662× ACS median gross rent).

Population

5,981 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.9%.

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

Assisted inventory

  • LIHTC: 4 projects, 77 units.
  • HUD project-based assisted MF: 3 properties, 159 assisted units.
  • 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 62675 24.2% of occupied households are renters; vacancy is 8.1%; ACS median gross rent is $686; population increased +1.9% between the 2018 and 2023 ACS vintages; the housing stock includes 148 units in 2–4-unit structures and 144 units in 5–49-unit structures; 4 LIHTC projects totaling 77 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $686. 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 62675 is a Census / HUD profile for Cass County, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Illinois research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 62675?

ZIP 62675 (Cass County, IL) has 5,981 residents, 2,585 households, a renter share of 24.2%, median household income of $78,327, and ACS 2023 median gross rent of $686. Vacancy is 8.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62675?

ACS counts 102 units in 2-unit buildings, 46 in 3–4 unit buildings, 38 in 5–9, 34 in 10–19, and 72 in 20–49. Combined 2–49 unit stock is 292 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62675?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 62675 — Petersburg, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62675 is Census / HUD research for Cass 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.