Housing market/Illinois/ZIP 62685

ACS 2023 · FY2027 SAFMR

ZIP 62685 Shipman, Macoupin County, Illinois

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

Population
1,648
Households
597
Median HH income
$63,750
Renter share
13.6%
Median gross rent
—
Vacancy
18.3%
Pop. change
-31.8%
2BR SAFMR
$1,050
SAFMR / rent
—
2–49 unit stock
55
LIHTC proj / units
1 / 8
HUD assisted MF
1 / 4

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62685 · IL — sent to you.

ZIP 62685 · IL

2BR SAFMR$1,050
90% floor$945
110% ceiling$1,155

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62685

  • 1-unit detached61083.4%
  • 1-unit attached50.7%
  • 2–4 units50.7%
  • 5–49 units506.8%
  • Mobile618.3%
TypeUnitsShare
1-unit detached61083.4%
1-unit attached50.7%
2 units (duplex)50.7%
3–4 units00.0%
5–9 units506.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile618.3%

2–4 unit share 0.7% · 5–49 unit share 6.8% · combined 2–49 7.5%.

Units by bedrooms

Studio
5
1BR
82
2BR
153
3BR
386
4BR
91
5+
14

Rent burden

Rent ≥30% of income11.1%
Rent ≥50% of income6.2%
  • Renters paying ≥30% of income 11.1%; ≥50% 6.2%.

Population

1,648 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -31.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 8 units.
  • HUD project-based assisted MF: 1 properties, 4 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 62685 13.6% of occupied households are renters; vacancy is 18.3%; population changed -31.8% between the 2018 and 2023 ACS vintages; the housing stock includes 5 units in 2–4-unit structures and 50 units in 5–49-unit structures; 1 LIHTC projects totaling 8 units. 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 62685 is a Census / HUD profile for Macoupin 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 62685?

ZIP 62685 (Macoupin County, IL HUD Metro FMR Area) has 1,648 residents, 597 households, a renter share of 13.6%, median household income of $63,750, and ACS 2023 median gross rent of —. Vacancy is 18.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62685?

ACS counts 5 units in 2-unit buildings, 0 in 3–4 unit buildings, 50 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 55 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62685?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,050. See the full schedule and 90–110% payment-standard band on the ZIP 62685 — Shipman, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62685 is Census / HUD research for Macoupin County, IL HUD Metro FMR Area. 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.