States · Illinois · Macoupin County

Gillespie, Illinois.

Typical home $116,822 (-9.5% in a year). St. Louis, MO-IL metro.

What it costs per month · Gillespie $613/mo

to buy the typical home at today's mortgage rate — +$230 (+60%) since Jan 2020.

What the home itself did
1 year
Down $12,272 -10%
$129,094$116,822 since Sep 2025
5 years
Up $3,232 +3%
$113,590$116,822 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Gillespie $613 Illinois $1,553 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Gillespie$613
  • Illinois$1,553
  • United States$1,922

Typical home values in Gillespie, IL fell 9.5% over the past year — slower than the nation's +1.2%.

Living in Gillespie, Macoupin County, Illinois

Gillespie is a city of 3,168 people in Macoupin County. Half its households earn more than $82,772 a year and half less, against $70,805 across Macoupin County; 17% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Macoupin County was 3.8% in August 2026, and the county had 2.3% fewer jobs in 2025 than the year before. The most residents work in shops, then schools and health care.

People 3,168 in the 2020 census; median age 45.3
Household income $82,772 the median, give or take $10,405 · Macoupin County: $70,805
Unemployment 3.8% Macoupin County, August 2026; 4.8% a year before
Homes 73% lived in by their owners; 27% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Gillespie is a small city in Macoupin County where most homes are lived in by their owners. The population skews older, and typical household incomes run higher than across the county, though a noticeable part of residents live below the poverty line. Winters are cold and snowy, summers are warm, and rain and melted snow fall steadily through the year.

Work. Residents work mostly in shops, in schools, hospitals and social care, in government, and in professional and business services. Across Macoupin County, some of the largest workplaces are Carlinville Area Hospital, Carlinville CUSD 1 and Walmart. Commutes are fairly long, a good number of people work from home, and a four-year degree is held by a minority of adults.

Things to do. For time outdoors, Beaver Dam State Park is a protected area a longer drive away, and Lake Lou Yaeger is a reservoir, also a longer drive away. Those who like history can visit the Lewis and Clark State Historic Site, a museum a longer drive away.

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  • 1,135households
  • 22%of adults have a degree
  • 17%below the poverty line
  • 28 mintypical commute
  • 14%work from home

What residents work in

  • Shops (retail)20%
  • Schools, hospitals and social care18%
  • Government12%
  • Professional and business services10%
  • Building trades8%
  • Transport, warehouses and utilities7%

Employed residents by industry, from the Census survey. Macoupin County had 9,921 jobs in 2025, 2.3% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 36° and 19°; warmest in July, 86° and 66° 20° 40° 60° 80° J 36° 19° F M A M J J 86° 66° A S O N D
Average daily high and low for each month: coldest in January, 36° and 19°; warmest in July, 86° and 66° 20° 40° 60° 80° J 36° 19° F M A M J J 86° 66° A S O N D

Coldest in January, with highs near 36° and lows near 19°; warmest in July, with highs near 86° and lows near 66°. About 16 inches of snow and 40 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Carlinville weather station, 12 miles away (NOAA).

Largest workplaces in Macoupin County

  1. Carlinville Area HospitalCritical access hospital240FTE
  2. Carlinville CUSD 1School district206FTE
  3. North Mac CUSD 34School district194FTE
  4. WalmartWarehouse clubs and supercenters182
  5. Gillespie CUSD 7School district176FTE
  6. Staunton CUSD 6School district165FTE
  7. Blackburn CollegeUniversity or college149
  8. Mount Olive Container129

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 33 workplaces with 20 or more staff, 2,077 people in all across the county; Gillespie has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. LightningVery high
  2. Cold wavesRelatively high
  3. Heat wavesRelatively high
  4. Strong windRelatively high
  5. HailRelatively high
  6. TornadoesRelatively high

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Gillespie’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Macoupin County and the St. Louis, MO-IL metro.

Gillespie home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Gillespie $116,822 Illinois $295,943 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Gillespie$116,822
  • Illinois$295,943
  • United States$366,157

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 2018 2019 2020 2021 2022 2023 2024 2025 2026 Gillespie 12
10 20 30 2018 2022 2026
  • Gillespie12

New listings per month

Sellers arriving at the market.

Not enough data to draw this yet.

Zip codes with a Gillespie address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Gillespie — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Gillespie