ZIP Code 62940 — Gorham village, IL Demographics & Data

ZIP code 62940 covers Gorham, IL in Jackson County with a population of about 569.

At a glance, the area shows median age of 26.0 versus a U.S. median of about 38.9.

It sits in telephone area codes 618, 730; U.S. House district IL-12; the PADUCAH - CAPE GIRAR D - HARSBG media market.

Median household income in ZIP 62940 is about $75,033 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.5%; unemployment rate near 14.0%; 5.2% of adults with a bachelor’s degree or higher (about 28.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Retail trade, and Transportation; a mean commute of about 161.0 minutes (U.S. average near 26.8).

Median home value is about $27,500 — about 92% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $374 (about 68% below the U.S. median rent ($1,163)), and owner-occupancy near 53.4% (about 12.0 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 62940 in Gorham, IL, a household would need roughly $8,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $177. That sits below the local median household income ($75,033), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Gorham village, IL as Relatively Moderate (composite score 87.1), which is elevated versus much of the country. The strongest component scores on US5 are flood (76.5) and hurricane (43.3). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Gorham village, IL show little to no average snow and around 44.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 32 for ZIP 62940 (Gorham village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.