Zip Code
62940
City
Gorham, IL
Population & Migration
What is the forecasted population for Zip code 62940 Gorham, IL?
- Population census 2020
- 714
- Forecasted population 2025
- 570
- -0.20% vs. 2020
- Forecasted population 2030
- 570
- -0.20% vs. 2020
Zip code 62940 Gorham, IL population is forecasted to decrease -0.20% by 2025 (-24.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 570 people for 2025 zip code 62940 Gorham, IL will generate a good demand for housing, which is expected to have an excess of -49 houses for 2030. Vacancy rate is 8.0 points above national US average.
- Total homes available 2020
- 249
- Estimated total home demand in 2030
- 199
- Total homes balance inventory
- -49
Average Household Income in zip code 62940 Gorham, IL
from Internal Revenue Service
- Average household income in 2021
- $51,415
Affordability
- Affordability Index
- 0
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 62940 Gorham, IL?
County total number of drinking water violations
50
-80%
244
County total number of drinking water contaminations
9
-63%
24
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