Latest available · Census ACS 5-Year (2023)
What Is the Average Rent in Shipman town, Illinois?
City · Census ACS 5-Year estimates
The median gross rent in Shipman town, Illinois is $788/month (±$482), based on Census ACS 5-Year estimates (2023). The median home value is $92,500 (±$17,024), and the median household income is $62,500/year. The unemployment rate in Macoupin County, Illinois was 4.2% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2023 5-Year Estimates.
Housing Metrics for Shipman town, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $788 |
| Median Home Value | $92,500 |
| Median Household Income | $62,500 |
| Total Housing Units | 216 |
| Renter-Occupied Units | 39 |
| Renter-Occupied Share | 18% |
| Households Paying 50%+ Income | 5 households |
| Unemployment Rate(April 2026) | 4.2% |
How does Shipman town, Illinois compare?
Median gross rent ranked against all cities in Illinois.
Higher rent than 34% of cities in Illinois · 775th of 1165
| # | City | Value |
|---|---|---|
| 1 | Kenilworth village | $3,501 |
| 1 | Inverness village | $3,501 |
| 1 | Olympia Fields village | $3,501 |
| … 771 more … | ||
| 775 | Shipman town(you are here) | $788 |
| … 387 more … | ||
| 1163 | Ste. Marie village | $263 |
| 1164 | Elizabethtown village | $232 |
| 1165 | Colp village | $99 |
More data for Shipman town, Illinois
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Frequently asked questions
What is the average rent in Shipman town, Illinois?
The median gross rent in Shipman town, Illinois is $788/month, based on Census ACS 5-Year estimates (2023). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the average rent for a 2-bedroom in Shipman town, Illinois?
The median rent for a 2-bedroom in Shipman town, Illinois is not available based on Census ACS 5-Year estimates (2023). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the median home value in Shipman town, Illinois?
The median home value in Shipman town, Illinois is $92,500 according to Census ACS 5-Year estimates (2023).
What percentage of renters in Shipman town are rent-burdened?
In Shipman town, Illinois, 5 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Shipman town, Illinois?
The median household income in Shipman town, Illinois is $62,500/year according to Census ACS 5-Year estimates (2023).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $788 has a margin of error of ±$482. In very small areas, MOEs can be large relative to the estimate.
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