Housing market/Illinois/ZIP 62864
ZIP 62864 Mount Vernon, Jefferson County, Illinois
Jefferson County, IL · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 62864 · IL — sent to you.
ZIP 62864 · IL
ACS rent vs 2BR SAFMR
ZIP 62864 — Mount Vernon, IL HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 62864
- 1-unit detached7,82870.5%
- 1-unit attached950.9%
- 2–4 units6205.6%
- 5–49 units1,0559.5%
- 50+ units1811.6%
- Mobile1,31711.9%
2–4 unit share 5.6% · 5–49 unit share 9.5% · combined 2–49 15.1%.
Units by bedrooms
Rent burden
- ACS median gross rent $882 (all bedrooms, occupied rentals).
- Median contract rent $679.
- Renters paying ≥30% of income 39.0%; ≥50% 17.8%.
- FY2027 2BR SAFMR $1,020 (1.156× ACS median gross rent).
Population
23,061 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -2.2%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 292 units.
- HUD project-based assisted MF: 2 properties, 212 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 62864 34.0% of occupied households are renters; vacancy is 12.4%; ACS median gross rent is $882; population changed -2.2% between the 2018 and 2023 ACS vintages; the housing stock includes 620 units in 2–4-unit structures and 1,055 units in 5–49-unit structures; 4 LIHTC projects totaling 292 units; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $882. 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 62864 is a Census / HUD profile for Jefferson County, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 62864 — Mount Vernon, IL HUD Section 8 Payment Standards / SAFMR·Illinois ZIP directory
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 62864?
ZIP 62864 (Jefferson County, IL) has 23,061 residents, 9,725 households, a renter share of 34.0%, median household income of $58,082, and ACS 2023 median gross rent of $882. Vacancy is 12.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 62864?
ACS counts 145 units in 2-unit buildings, 475 in 3–4 unit buildings, 469 in 5–9, 442 in 10–19, and 144 in 20–49. Combined 2–49 unit stock is 1,675 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 62864?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 62864 — Mount Vernon, IL HUD Section 8 Payment Standards / SAFMR.
Does this Illinois ZIP profile include Georgia listings?
No. ZIP 62864 is Census / HUD research for Jefferson 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.